Titlebook: Macroeconomic Prospects for a Small Oil Exporting Country; Olav Bjerkholt,Erik Offerdal Book 1985 Martinus Nijhoff Publishers, Dordrecht 1

expdient

Regional Impacts of Petroleum Activities in Norwayestic use of oil and gas revenues. The first part of this paper gives a survey of the regional economic aspects of the petroleum activities, and possible impacts on recent regional developments in Norway are briefly discussed. In the second part of the paper future regional consequences of the petro

Magnificent

The Wealth Effect of North Sea Oilong run macroeconomic model and combining it with the method of optimal control. The model presented here is formulated with special reference to North Sea oil in the UK, but it can be applied, with the necessary modifications, to determine depletion strategies to any oil-rich economy with a flexibl

秘密會議

Using the Oil Revenues: A Long Run Perspective for Norway is introduced, in which the planning objective is to maximize the sum of discounted utility of consumption. The model is solved using standard dynamic optimization techniques, and the properties of the optimal growth paths are discussed. A special emphasis is placed on optimal consumptio

Gastric

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International Studies in Economics and Econometricshttp://image.papertrans.cn/m/image/621009.jpg

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過于平凡

心胸開闊

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Nonconformist

Oil Revenues and the Norwegian Economy in the SeventiesThis paper is concerned with the counterfactual question of how the Norwegian economy might have performed in the 1970’s if there had been no prospects of oil and gas in the North Sea. A small macroeconomic model is used to shed light on the following issues: