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National accounts and business cycles
All content for topic national accounts and business cycles
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Stable growth in mainland GDP in 2017
Growth in gross domestic product (GDP) for mainland Norway was 0.6 per cent in the 4th quarter of 2017, the same rate of growth as the three previous quarters. For the year as a whole, mainland GDP rose by 1.8 per cent in 2017, compared to 1.0 per...
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Pronounced rise in new orders
Compared with the fourth quarter of 2016, new orders received in the order-based industry showed a considerable growth in the fourth quarter of 2017. The value of new orders in the last quarter of the 2017 is bigger than the deliveries and therefo...
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Optimism in manufacturing
Norwegian industrial managers report a production increase in the fourth quarter of 2017, with expectations of increased production and new orders in the first quarter of 2018. The general expectations for the first quarter of 2018 are also positi...
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Significant and plausible futures
Reports 2018/02
This report describes the approach and results of a scenario workshop for a transdisciplinary team of 18 experts held in the project SMART PATHS in June 2017.
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PPI continues to rise
The producer price index (PPI) went up by 2.9 per cent from November to December. This was the fifth month in a row with an increase and stems from rising prices on crude oil and natural gas during the period. The PPI is now at its highest level s...
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Economic Survey 4-2017
The preliminary seasonally adjusted quarterly national accounts figures (QNA) for the third quarter of 2017 confirm that the cyclical trough was reached about a year ago. Mainland GDP growth has now been higher than trend growth, estimated at just...
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Child care center staff composition and early child development
Discussion Papers no. 870
We estimate effects of child care center staff composition on early child development. During the years our data covers, child care centers in Oslo were oversubscribed, and child care slots were allocated through a lottery.
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Prices of crude oil rose in November
The producer price index went up by 3.2 per cent from October to November. This increase was due to a sharp rise in the price of crude oil as well as prices of electricity and basic metals.
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Still a surplus in the balance of goods and services
The surplus in the balance of goods and services amounted to NOK 2 billion in the third quarter, as a result of a positive balance of goods of NOK 26 billion and a negative balance of services of NOK 24 billion.
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The moderate upturn continues
The turnaround in the economy was driven by a highly expansive fiscal and monetary policy, a weak krone, low wage growth and strong growth in house building. Going forward, house building is expected to curb the economic upturn. Interest rates wil...
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Productivity dispersion and measurement errors
Discussion Papers no. 869
We outline a novel procedure to identify the role of measurement errors in explaining the empirical dispersion in productivity across establishments.
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Stable growth in mainland GDP
The seasonally adjusted gross domestic product for mainland Norway increased by 0.6 per cent in the 3rd quarter of 2017. The mainland economy continued at the same growth rate as the two previous quarters.
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Prices on natural gas pulled up the PPI
The producer price index (PPI) rose by 2.5 per cent from September to October. The main reason for this was higher prices on natural gas.
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The Norwegian KLEMS Growth and Productivity Accounts
Documents 2017/38
This paper documents the theoretical methodologies and practical compilation procedures for constructing the Norwegian KLEMS database 1997-2014.
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Exact and inexact decompositions of international price indices
Discussion Papers no. 868
Decompositions of international price indices are usually inexact in the sense that the underlying aggregator formula is not exactly reproduced.
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