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http://hdl.handle.net/10419/28116
  

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dc.contributor.authorKnetsch, Thomas A.en_US
dc.contributor.authorMolzahn, Alexanderen_US
dc.date.accessioned2009-09-18en_US
dc.date.accessioned2009-10-01T14:51:48Z-
dc.date.available2009-10-01T14:51:48Z-
dc.date.issued2009en_US
dc.identifier.isbn978-3-86558-556-1en_US
dc.identifier.urihttp://hdl.handle.net/10419/28116-
dc.description.abstractThe paper studies the short-term effects of energy price hikes on the supply of industrial goods and transport services including the repercussions on remuneration of input factors. While industry had suffered more strongly from the oil price shock of the late 1970s compared with the one of the early 1970s and the 2004-08 upsurge, evidence is reverse for transportation. Regarding the impact on the income distribution, both sectors share the pattern that in the recent episode rising energy costs were more than compensated by falling unit labor costs while in the 1970s cost structures had been strained by expansive wage policy in addition to the oil price shocks.en_US
dc.language.isoengen_US
dc.publisherDt. Bundesbank Frankfurt, M.en_US
dc.relation.ispartofseriesDiscussion Paper Series 1: Economic Studies 2009,26en_US
dc.subject.jelE23en_US
dc.subject.jelE25en_US
dc.subject.jelQ43en_US
dc.subject.ddc330en_US
dc.subject.keywordEnergy pricesen_US
dc.subject.keywordsupply of goods and servicesen_US
dc.subject.keywordincome distributionen_US
dc.subject.stwMineralölpreisschocken_US
dc.subject.stwVerarbeitendes Gewerbeen_US
dc.subject.stwVerkehrsgewerbeen_US
dc.subject.stwAngeboten_US
dc.subject.stwVerteilungswirkungen_US
dc.subject.stwDeutschlanden_US
dc.titleSupply-side effects of strong energy price hikes in German industry and transportationen_US
dc.typeWorking Paperen_US
dc.identifier.ppn60907847Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:bubdp1:200926-
Appears in Collections:Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank

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