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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2022-02-01
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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 |
id | doaj-art-70b645e91f4f49daa637b3c4bcc7f246 |
institution | Kabale University |
issn | 0043-6275 1613-978X |
language | deu |
publishDate | 2022-02-01 |
publisher | Sciendo |
record_format | Article |
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 |