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Michael Peneder, Angela Köppl, Thomas Leoni, Peter Mayerhofer, Thomas Url
A WIFO Radar of Competitiveness for the Austrian Economy
WIFO Reports on Austria, 2021, (3), 13 pages
Online since: 29.01.2021 0:00
The new WIFO radar of competitiveness measures the performance of Austria using 24 selected indicators in four dimensions related to economic, social and ecological goals. STable values in the top third are recorded for real per-capita income and foreign trade. In the dimensions of "labour market and social living conditions" and "use of natural resources", Austria is also above the European average, but does not rise beyond a medium position. After moderate but persistent losses of position in the past years, on average across all indicators Austria ranks slightly behind the best third of European countries.
JEL-Codes:E22, E23, E24, O52
Keywords:Competitiveness, locational quality, productivity, real effective exchange rate index, resource efficiency, social living conditions
Research group:Industrial, Innovation and International Economics – Climate, Environmental and Resource Economics – Labour Economics, Income and Social Security – Regional Economics and Spatial Analysis – Macroeconomics and Public Finance
Language:English