WIFO Reports on Austria

The WIFO Reports on Austria are short English-language analyses of economic developments in Austria. Contributions on the topics of business cycle, competitiveness, macroeconomics, labour market, digitisation, cash flow and unit labour costs are published regularly, summarising the main developments in these areas in Austria.

The articles of the previous issues "WIFO Bulletin" and "Austrian Economic Quarterly" can be found here: WIFO Bulletin, Austrian Economic Quarterly

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Agriculture and Forestry in Austria in a New Agricultural Policy Environment
WIFO Reports on Austria, 2022, (14), 12 pages
Online since: 30.09.2022 0:00
In 2021, the agricultural policy course was set anew within the framework of the Common Agricultural Policy (CAP). In December 2021, the national CAP strategic plan was submitted to the European Commission. It sets out the measures to be taken in the coming years to make the agricultural sector more climate and environmentally friendly, more competitive and more attractive for employees. The new plan is also intended to stimulate the economic revival of rural regions and to improve food security. In 2021, the economic conditions for agriculture and forestry were favourable. This was reflected in higher prices for goods produced in the primary sector and an increase in factor income in agriculture. The sector also benefitted from payments to mitigate economic losses related to the COVID-19 crisis.
JEL-Codes:E32, E66, Q18
Keywords:Agriculture, Business Cycle Report, Austria, Agricultural Policy
Research group:Climate, Environmental and Resource Economics

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apl. Prof. Dr. Hans Pitlik

Function: Senior Economist, Editor-in-chief WIFO-Monatsberichte and WIFO Reports on Austria

Tamara Fellinger

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Tatjana Weber

Activities: Publications, website, subscriptions