Nasjonalregnskap og konjunkturer: Discussion Papers

A theory-based measure of the output of the education sector

Discussion Papers no. 353

Publisert: 30. august 2003

On the price and volume effects from green certificates in the energy market

Discussion Papers no. 351

Publisert: 20. juni 2003

We present a model for an energy market that includes a green certificate for suppliers of energy from renewables and a purchaser commitment to buy these certificates. We show that price and volume effects in the energy market are ambigou...

Aggregate industry behaviour in a monopolistic competition model with heterogeneous firms

Discussion Papers no. 352

Publisert: 19. juni 2003

The paper analyses how a tractable representation of productivity heterogeneity among firms modifies the standard Dixit-Stiglitz (DS) model of monopolistic competition. The properties of the asymmetric model are explored by comparative st...

Aggregate industry behaviour in a monopolistic competition model with heterogeneous firms

Discussion Papers no. 352

Publisert: 19. juni 2003

On the price and volume effects from green certificates in the energy market

Discussion Papers no. 351

Publisert: 20. mai 2003

Testing the multiproduct hypothesis on Norwegian aluminium industry plants

Discussion Papers no. 350

Publisert: 14. mai 2003

Testing the multiproduct hypothesis on Norwegian aluminium industry plants

Discussion Papers no. 350

Publisert: 14. mai 2003

Although most production activities involve multiple outputs, econometric models of production or cost functions normally involve only one single homogeneous output. The aim of this paper is to test the hypothesis that a multiproduct spec...

The Kyoto Protocol without USA and Australia - with the Russian Federation as a strategic permit seller

Discussion Papers no. 349

Publisert: 13. mai 2003

The Kyoto Protocol without USA and Australia - with the Russian Federation as a strategic permit seller

Discussion Papers no. 349

Publisert: 13. mai 2003

After the U.S. and Australian withdrawal from the Kyoto Protocol, and the extension of national quotas in the Bonn- and Marrakesh-agreements, meager environmental effects and a low price of emission permits is likely to be the outcome of ...

More on testing exact rational expectations in cointegrated vector autoregressive models

Discussion Papers no. 348

Publisert: 2. mai 2003

More on testing exact rational expectations in cointegrated vector autoregressive models

Discussion Papers no. 348

Publisert: 2. mai 2003

In this note we consider testing of a type of linear restrictions implied by rational expectations hypotheses in a cointegrated vector autoregressive model for I(1) variables when there in addition is a restriction on the deterministic dr...

Welfare effects of VAT reforms

Discussion Papers no. 343

Publisert: 30. april 2003

Indirect taxes such as value added taxes (VAT) generate a substantial part of tax revenue in many countries. This paper analyses welfare effects of different reforms in the Norwegian system of indirect taxation. The main reform studied is...

Possibility for hedging from price increases in residential energy demand

Discussion Papers no. 347

Publisert: 28. april 2003

Possibility for hedging from price increases in residential energy demand

Discussion Papers no. 347

Publisert: 28. april 2003

Liberalisation of the Norwegian electricity market has given more short-term variation in the electricity price. Since almost three quarters of Norwegian households have heating equipment using more than one energy carrier, we would expec...

How to quantify household electricity end-use consumption

Discussion Papers no. 346

Publisert: 3. april 2003