Persistent Production Gaps Due to Input Bottlenecks

Abstract Ongoing problems with the procurement of intermediates are weighing on the German economy. Three-quarters of companies are currently reporting production losses averaging 7%. The situation will not improve significantly until the second half of 2022. But even in 2023, just under half of pri...

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Main Authors: Hubertus Bardt, Michael Grömling
Format: Article
Language:deu
Published: Sciendo 2022-02-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-022-3110-y
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author Hubertus Bardt
Michael Grömling
author_facet Hubertus Bardt
Michael Grömling
author_sort Hubertus Bardt
collection DOAJ
description Abstract Ongoing problems with the procurement of intermediates are weighing on the German economy. Three-quarters of companies are currently reporting production losses averaging 7%. The situation will not improve significantly until the second half of 2022. But even in 2023, just under half of private-sector companies still expect shortfalls. In addition to the lack of intermediates, the shortage of skilled workers is a permanent brake on production.
format Article
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institution Kabale University
issn 0043-6275
1613-978X
language deu
publishDate 2022-02-01
publisher Sciendo
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series Wirtschaftsdienst
spelling doaj-art-70b645e91f4f49daa637b3c4bcc7f2462025-02-02T11:33:30ZdeuSciendoWirtschaftsdienst0043-62751613-978X2022-02-01102212312610.1007/s10273-022-3110-yPersistent Production Gaps Due to Input BottlenecksHubertus Bardt0Michael Grömling1Institut der deutschen Wirtschaft Köln e.V.Strukturwandel, Verteilung, Lohnfindung, Institut der deutschen Wirtschaft Köln e.V.Abstract Ongoing problems with the procurement of intermediates are weighing on the German economy. Three-quarters of companies are currently reporting production losses averaging 7%. The situation will not improve significantly until the second half of 2022. But even in 2023, just under half of private-sector companies still expect shortfalls. In addition to the lack of intermediates, the shortage of skilled workers is a permanent brake on production.https://doi.org/10.1007/s10273-022-3110-y
spellingShingle Hubertus Bardt
Michael Grömling
Persistent Production Gaps Due to Input Bottlenecks
Wirtschaftsdienst
title Persistent Production Gaps Due to Input Bottlenecks
title_full Persistent Production Gaps Due to Input Bottlenecks
title_fullStr Persistent Production Gaps Due to Input Bottlenecks
title_full_unstemmed Persistent Production Gaps Due to Input Bottlenecks
title_short Persistent Production Gaps Due to Input Bottlenecks
title_sort persistent production gaps due to input bottlenecks
url https://doi.org/10.1007/s10273-022-3110-y
work_keys_str_mv AT hubertusbardt persistentproductiongapsduetoinputbottlenecks
AT michaelgromling persistentproductiongapsduetoinputbottlenecks