Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/219540 
Year of Publication: 
2019
Series/Report no.: 
EconPol Policy Brief No. 18
Publisher: 
ifo Institute - Leibniz Institute for Economic Research at the University of Munich, Munich
Abstract: 
Industrial production in the German car industry dropped by 9.4% in the third quarter 2018 mainly due to problems with the implementation of the new Worldwide Harmonized Light-Duty Vehicles Test Procedure (WLTP). As the car producing industry is the most important sector for the German economy and is deeply integrated into international value-added chains, this policy report presents estimated sectoral and global impacts due to this sharp drop. The most affected sectors are fabricated metals and rubber and plastic products, both in Germany and its main partners, that deliver intermediate inputs (for example, the Czech Republic). From a global perspective, the largest effect on gross domestic product (GDP) is – with -0.75% – estimated for Germany. On top, the three most affected countries are the Czech Republic (-0.21%), Hungary (-0.20%) and Slovakia (-0.18%).
Document Type: 
Research Report

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