Statistics Norway

Displaying 1-18 of 18 results

  • White Papers // Feb 2011

    Output-Based Allocation And Investment In Clean Technologies

    Allocation of emission allowances may affect firms' incentives to invest in clean technologies. In this paper, the authors show that so-called output-based allocation tends to stimulate such investments as long as individual firms do not assume the regulator to tighten the allocation rule as a consequence of their investments. The...

    Provided By Statistics Norway

  • White Papers // Feb 2011

    Credit Conditions Indices: Controlling For Regime Shifts In The Norwegian Credit Market

    The interaction between financial markets and the macroeconomy can be strongly affected by changes in credit market regulations. In order to take account of these effects the authors control explicitly for regime shifts in a system of debt equations for Norway using a common, flexible trend. The estimated shape of...

    Provided By Statistics Norway

  • White Papers // Feb 2011

    The Role Of The Arctic In Future Global Petroleum Supply

    The Arctic has a substantial share of global petroleum resources, but at higher costs than in most other petroleum provinces. Arctic states and petroleum companies are carefully considering the potential for future extraction in the Arctic. This paper studies the oil and gas supply from 6 arctic regions during 2010-2050...

    Provided By Statistics Norway

  • White Papers // Dec 2010

    Evaluation Of The Norwegian R&D Tax Credit Scheme

    The authors find that the Norwegian R&D tax credit scheme introduced in 2002 mainly works as intended. The scheme is cost-effective and it is used by a large number of firms. It stimulates these firms to invest more in R&D, and, in particular, the effect is positive for small firms...

    Provided By Statistics Norway

  • White Papers // Dec 2010

    Cartelization In Gas Markets Studying The Potential For A ^Gas OPEC^

    Natural gas is increasingly important as a fuel for electric power generation as well as other uses due to its environmental advantage over other fossil fuels. Using the World Gas Model, a large-scale energy equilibrium system based on a complementarily formulation, this paper analyzes possible future gas cartels and their...

    Provided By Statistics Norway

  • White Papers // Nov 2010

    The Global Effects Of Subglobal Climate Policies

    Individual countries are in the process of legislating responses to the challenges posed by climate change. The prospect of rising carbon prices raises concerns in these nations about the effects on the competitiveness of their own energy-intensive industries and the potential for carbon leakage, particularly leakage to emerging economies that...

    Provided By Statistics Norway

  • White Papers // Aug 2010

    International Emissions Trading With Endogenous Taxes

    Motivated by the climate problem, this paper examines some effects of international cap & trade when national quotas result from strategic choice. In contrast to the fairly optimistic tone of closely related literature, the tenor of the authors' results is pessimistic. They find that though an international permit market may...

    Provided By Statistics Norway

  • White Papers // May 2010

    Markets Where Buyers Also Are Sellers: How Realized Home Equity May Work As An Accelerator Of House Prices

    The house price level is a function of buyers' realized home equity, and buyers' realized home equity is a function of the house price level. This interdependence follows from the fact that buyers are sellers in the same market. This paper examines under what conditions this leads to a possible...

    Provided By Statistics Norway

  • White Papers // Apr 2010

    Wealth Effects On Consumption In Financial Crises: The Case Of Norway

    A dynamic consumption function, where consumption in the long run is determined by households' disposable income and wealth, has been superior to the Euler equation in explaining the development of Norwegian aggregate consumption over several decades. This period covers the years of financial deregulation in the mid 1980s, the banking...

    Provided By Statistics Norway

  • White Papers // Apr 2010

    Strategic Investment In Climate Friendly Technologies: The Impact Of Permit Trade

    The authors' point of departure is that a group of developed countries invest in the development of GreenHouse Gas (GHG) abatement technologies both at home and in developing countries. Such investments reduce the cost of future GHG abatement, and influence the future GHG abatement choices of both developed and developing...

    Provided By Statistics Norway

  • White Papers // Mar 2010

    Underemployment In A Gender Segregated Labour Market

    This paper analyses factors behind underemployment in Norway and has a focus on gender. The analysis, based on Labour Force Survey data, shows that economic fluctuations during the latest one and a half decade bring about changing underemployment levels of both women and men. The Norwegian labour market is strongly...

    Provided By Statistics Norway

  • White Papers // Jan 2010

    Trade Liberalisation And Import Price Behaviour: The Case Of Textiles And Wearing Apparels

    Previous studies on the relationship between exchange rates and traded goods prices typically find evidence of incomplete pass-through, usually explained by pricing-to-market behaviour. Although economic theory predicts that incomplete pass-through may also be linked to presence of non-tariff barriers to trade, variables reflecting such a link is rarely included in...

    Provided By Statistics Norway

  • White Papers // Dec 2009

    Part-Time Work, Underemployment And Gender: Worker Versus Job Explanations

    The paper analyses part-time work, both so-called voluntary and involuntary, in a gender perspective and discusses under what conditions women and men work part-time. The discussion is based on logistic regression models, including human capital, life-course- and household characteristics and job characteristics as independent variables. The authors use Norwegian Labour...

    Provided By Statistics Norway

  • White Papers // Sep 2009

    The Investment And Financing Decisions Of Closely Held Firms When There Is A Tax On The Equity Premium

    This paper analyzes a tax system where personal share income in excess of the risk-free return on equity (the equity premium) is taxed. The Rate of Return Allowance (RRA) in the Norwegian shareholder income tax system is, to the best of the authors' knowledge, the first attempt of implementing such...

    Provided By Statistics Norway

  • White Papers // Dec 2008

    Incentives For Merger In A Noncompetitive Permit Market

    A group of small competitive permits traders facing an imperfectly competitive permit market may consider cooperation (merger) to act strategically in the permit market. It is a well-known result in the literature that the horizontal merger of Cournot players may be unprofitable because of the response of nonmerging agents (a...

    Provided By Statistics Norway

  • White Papers // Dec 2008

    Growth Policy In A Small, Open Economy: Domestic Innovation And Learning From Abroad

    Research and Development (R&D) play a pivotal role for innovation and productivity growth, and knowledge spillovers can make the case for public support to private R&D. In small and open economies, absorption of foreign knowledge through exports and imports can be even more decisive for economic growth than domestic innovation....

    Provided By Statistics Norway

  • White Papers // Dec 2008

    The Financial Accelerator: Evidence Using A Procedure Of Structural Model Design

    The authors find empirical evidence of a financial accelerator using a data based procedure of Structural Model Design. Credit to firms, asset prices and aggregate economic activity interact over the business cycle in their empirical model of a dynamic economy. Furthermore, the interdependence between credit and asset prices creates a...

    Provided By Statistics Norway

  • White Papers // Nov 2008

    The Effects Of R&D Tax Credits On Patenting And Innovations

    Norwegian business spending on R&D is low by OECD standards. To stimulate business R&D, in 2002 the Norwegian government introduced a tax-based incentive, SkatteFUNN. The authors analyze the effects of SkatteFUNN on the likelihood of innovating and patenting. Using a rich database for Norwegian firms, they find that projects receiving...

    Provided By Statistics Norway

  • White Papers // Feb 2011

    Output-Based Allocation And Investment In Clean Technologies

    Allocation of emission allowances may affect firms' incentives to invest in clean technologies. In this paper, the authors show that so-called output-based allocation tends to stimulate such investments as long as individual firms do not assume the regulator to tighten the allocation rule as a consequence of their investments. The...

    Provided By Statistics Norway

  • White Papers // Feb 2011

    Credit Conditions Indices: Controlling For Regime Shifts In The Norwegian Credit Market

    The interaction between financial markets and the macroeconomy can be strongly affected by changes in credit market regulations. In order to take account of these effects the authors control explicitly for regime shifts in a system of debt equations for Norway using a common, flexible trend. The estimated shape of...

    Provided By Statistics Norway

  • White Papers // Dec 2010

    Evaluation Of The Norwegian R&D Tax Credit Scheme

    The authors find that the Norwegian R&D tax credit scheme introduced in 2002 mainly works as intended. The scheme is cost-effective and it is used by a large number of firms. It stimulates these firms to invest more in R&D, and, in particular, the effect is positive for small firms...

    Provided By Statistics Norway

  • White Papers // Nov 2008

    The Effects Of R&D Tax Credits On Patenting And Innovations

    Norwegian business spending on R&D is low by OECD standards. To stimulate business R&D, in 2002 the Norwegian government introduced a tax-based incentive, SkatteFUNN. The authors analyze the effects of SkatteFUNN on the likelihood of innovating and patenting. Using a rich database for Norwegian firms, they find that projects receiving...

    Provided By Statistics Norway

  • White Papers // Dec 2008

    Incentives For Merger In A Noncompetitive Permit Market

    A group of small competitive permits traders facing an imperfectly competitive permit market may consider cooperation (merger) to act strategically in the permit market. It is a well-known result in the literature that the horizontal merger of Cournot players may be unprofitable because of the response of nonmerging agents (a...

    Provided By Statistics Norway

  • White Papers // Dec 2008

    Growth Policy In A Small, Open Economy: Domestic Innovation And Learning From Abroad

    Research and Development (R&D) play a pivotal role for innovation and productivity growth, and knowledge spillovers can make the case for public support to private R&D. In small and open economies, absorption of foreign knowledge through exports and imports can be even more decisive for economic growth than domestic innovation....

    Provided By Statistics Norway

  • White Papers // Dec 2009

    Part-Time Work, Underemployment And Gender: Worker Versus Job Explanations

    The paper analyses part-time work, both so-called voluntary and involuntary, in a gender perspective and discusses under what conditions women and men work part-time. The discussion is based on logistic regression models, including human capital, life-course- and household characteristics and job characteristics as independent variables. The authors use Norwegian Labour...

    Provided By Statistics Norway

  • White Papers // Mar 2010

    Underemployment In A Gender Segregated Labour Market

    This paper analyses factors behind underemployment in Norway and has a focus on gender. The analysis, based on Labour Force Survey data, shows that economic fluctuations during the latest one and a half decade bring about changing underemployment levels of both women and men. The Norwegian labour market is strongly...

    Provided By Statistics Norway

  • White Papers // Apr 2010

    Wealth Effects On Consumption In Financial Crises: The Case Of Norway

    A dynamic consumption function, where consumption in the long run is determined by households' disposable income and wealth, has been superior to the Euler equation in explaining the development of Norwegian aggregate consumption over several decades. This period covers the years of financial deregulation in the mid 1980s, the banking...

    Provided By Statistics Norway

  • White Papers // May 2010

    Markets Where Buyers Also Are Sellers: How Realized Home Equity May Work As An Accelerator Of House Prices

    The house price level is a function of buyers' realized home equity, and buyers' realized home equity is a function of the house price level. This interdependence follows from the fact that buyers are sellers in the same market. This paper examines under what conditions this leads to a possible...

    Provided By Statistics Norway

  • White Papers // Dec 2010

    Cartelization In Gas Markets Studying The Potential For A ^Gas OPEC^

    Natural gas is increasingly important as a fuel for electric power generation as well as other uses due to its environmental advantage over other fossil fuels. Using the World Gas Model, a large-scale energy equilibrium system based on a complementarily formulation, this paper analyzes possible future gas cartels and their...

    Provided By Statistics Norway

  • White Papers // Jan 2010

    Trade Liberalisation And Import Price Behaviour: The Case Of Textiles And Wearing Apparels

    Previous studies on the relationship between exchange rates and traded goods prices typically find evidence of incomplete pass-through, usually explained by pricing-to-market behaviour. Although economic theory predicts that incomplete pass-through may also be linked to presence of non-tariff barriers to trade, variables reflecting such a link is rarely included in...

    Provided By Statistics Norway

  • White Papers // Apr 2010

    Strategic Investment In Climate Friendly Technologies: The Impact Of Permit Trade

    The authors' point of departure is that a group of developed countries invest in the development of GreenHouse Gas (GHG) abatement technologies both at home and in developing countries. Such investments reduce the cost of future GHG abatement, and influence the future GHG abatement choices of both developed and developing...

    Provided By Statistics Norway

  • White Papers // Aug 2010

    International Emissions Trading With Endogenous Taxes

    Motivated by the climate problem, this paper examines some effects of international cap & trade when national quotas result from strategic choice. In contrast to the fairly optimistic tone of closely related literature, the tenor of the authors' results is pessimistic. They find that though an international permit market may...

    Provided By Statistics Norway

  • White Papers // Nov 2010

    The Global Effects Of Subglobal Climate Policies

    Individual countries are in the process of legislating responses to the challenges posed by climate change. The prospect of rising carbon prices raises concerns in these nations about the effects on the competitiveness of their own energy-intensive industries and the potential for carbon leakage, particularly leakage to emerging economies that...

    Provided By Statistics Norway

  • White Papers // Feb 2011

    The Role Of The Arctic In Future Global Petroleum Supply

    The Arctic has a substantial share of global petroleum resources, but at higher costs than in most other petroleum provinces. Arctic states and petroleum companies are carefully considering the potential for future extraction in the Arctic. This paper studies the oil and gas supply from 6 arctic regions during 2010-2050...

    Provided By Statistics Norway

  • White Papers // Sep 2009

    The Investment And Financing Decisions Of Closely Held Firms When There Is A Tax On The Equity Premium

    This paper analyzes a tax system where personal share income in excess of the risk-free return on equity (the equity premium) is taxed. The Rate of Return Allowance (RRA) in the Norwegian shareholder income tax system is, to the best of the authors' knowledge, the first attempt of implementing such...

    Provided By Statistics Norway

  • White Papers // Dec 2008

    The Financial Accelerator: Evidence Using A Procedure Of Structural Model Design

    The authors find empirical evidence of a financial accelerator using a data based procedure of Structural Model Design. Credit to firms, asset prices and aggregate economic activity interact over the business cycle in their empirical model of a dynamic economy. Furthermore, the interdependence between credit and asset prices creates a...

    Provided By Statistics Norway