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National accounts and business cycles
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Further decline in Mainland GDP
Mainland Norway’s GDP fell 0.5 per cent in February, adjusted for normal seasonal fluctuations. The infection rates increased in the new year, and both local and national infection control measures introduced in January continued into February.
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Electricity pulls PPI down
The producer price index (PPI) had a small down turn in March. Lower prices on electricity, gas and steam was an important factor for this outcome. However, the fall was reduced by higher prices on refined petroleum products.
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Taxation of fuel and vehicles when emissions are constrained
Discussion Papers no. 949
A tax on fuel combined with tax exemptions or subsidies for fuel-efficient vehicles is implemented in many countries to fulfill the Paris agreement and to curb mileage-related externalities from road traffic.
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The accuracy of Statistics Norway’s national population projections
Discussion Papers no. 948
Statistics Norway projects the population by age, sex and immigrant background at the national level. This paper examines the accuracy of the Norwegian population projections produced between 1996 and 2018.
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Interest rate increases on the horizon
Activity in the Norwegian economy is expected to see a marked increase this summer as a result of the vaccination programme. The key policy interest rate is likely to return to the pre-pandemic level of 1.5 per cent in 2024.
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The solid growth in PPI continues
The Producer Price Index (PPI) increased by 5.4 per cent in February, mainly due to continued price increase on multiple energy goods and in selected manufacturing industries. The price growth in energy goods makes the total price index for the do...
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Service industries dampened the GDP growth
Mainland Norway's GDP fell 0.2 per cent in January, adjusted for normal seasonal fluctuations. The infection rates in Norway increased in the new year, and there were many changes in both national and local infection control measures throughout th...
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Primary income growth resulted in a positive current account balance in 2020
The balance of goods and services ended at NOK 8 billion in the fourth quarter of 2020 following two consecutive quarters below zero, according to preliminary figures. This did not prevent Norway from having a trade deficit for the year 2020, whic...
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GDP for Mainland Norway decreased 2.5 per cent in 2020
Preliminary figures from the National Accounts for 2020 show that GDP for Mainland Norway fell 2.5 per cent from 2019. Mainland GDP growth was 1.9 per cent in the 4th quarter and activity levels grew 1 per cent in December.
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Solid price growth in PPI by year’s beginning
The producer price index (PPI) increased by 5.3 per cent in January. An increase in prices on several energy goods contributed strongly to this increase. The prices on electricity had the largest percentage wise increase.
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Stress-testing the Norwegian economy: The effects of the 1.5°C scenario on global energy markets and the Norwegian economy
Reports 2021/07
In this project we soft-link three models; GRACE, FRISBEE and KVARTS to study the effects on the Norwegian economy of reaching the 1.5°C target of global warming.
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Do employees benefit from worker representation on corporate boards?
Discussion Papers no. 947
This paper studies whether employees benefit from worker representation on corporate boards.
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Slightly improved mood in manufacturing
Norwegian industrial managers report a slight increase in production in the fourth quarter. The growth comes from low levels after sharp falls in the level of activity in the first half of 2020 as a result of the corona pandemic. The general outlo...
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Broadband internet and the stock market investments of individual investors
Discussion Papers no. 946
We study the effects of broadband internet use on the portfolio selection of individual investors.
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Moderate downturn in the Mainland Economy in November
GDP for mainland Norway decreased by 0.9 per cent in November, seasonally adjusted figures show. The decline followed six consecutive months of growth after the abrupt downturn in the spring. Monthly activity in the Mainland economy in November wa...
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