WIFO has developed a novel disaggregated macroeconomic model of the Austrian economy ("PROMETEUS" – Projecting and Modelling the Economy, Transport and Energy Use for Sustainability) that generates specific simulations of the economic effects of changes and shocks affecting the energy system...

The steps taken in 1999-2003 to liberalise the electricity and gas market produced perceptible price reductions, not least due to a change in the pricing behaviour of providers. At the same time, new regulations (introducing of surcharges to the electricity price in order to promote small-scale...

On the basis of its model of energy demand and conversion in Austria (DAEDALUS III), WIFO simulated three scenarios to establish a long-term forecast of the development of energy consumption and CO2 emissions. The baseline scenario assumes a continuation of current developments, while the Kyoto...

Growth prospects for the Austrian economy are expected to improve significantly in 2000. The European economy has gained momentum, the American economy still follows a stable growth path, and Asia and Latin-America are on the road to recovery. WIFO predicts that the Austrian GDP will achieve a...

Over the past decades, environmental policy discussions tended to focus on the negative impact of production processes on the environment. Sustainable development as a subject and holistic approach became a scientific and political issue only at the Rio Earth Summit of 1992. Since then, consumer...

In its recent investment survey, WIFO asked approximately 2,800 firms of the manufacturing sector, the construction sector and the energy sector about recent capital expenditure and plans for future investments, the development and sales, and their business expectations.

Between 1990 and 2004, the average annual growth of total real value added amounted to about 2.38 percent, with +1.33 percentage points contributed by capital output growth, +0.46 percentage point by labour output growth, and +0.85 percentage point by multi-factor productivity growth (as well as...

Die Beitrittsverhandlungen haben in bezug auf den Umweltschutz ein neues Signal gesetzt. Im Beitrittsvertrag erkennt die EU explizit die höheren Umweltstandards Österreichs und auch der anderen Beitrittswerber an und kommt dem Wunsch, das höhere Schutzniveau beizubehalten durch...