Coverart for item
The Resource Norway : selected issues

Norway : selected issues

Label
Norway : selected issues
Title
Norway
Title remainder
selected issues
Creator
Contributor
Author
Publisher
Sponsor
Subject
Genre
Language
eng
Summary
As offshore investment drops from its peak and oil prices retreat from their high in 2014, the Norwegian economy is going through a transition away from oil dependence. This chapter first takes a historical perspective, studying the implications of the oil boom of the 2000s on industry structure and economy-wide productivity. It then examines the progress with the ongoing transition thus far both in the real sector and the labor market, bearing in mind the short time span that has passed. Finally, policies that may be helpful in facilitating a smooth adjustment are discussed. -- As Norway undergoes a transition away from oil and gas, boosting external competitiveness and in particular productivity is crucial to create a dynamic non-oil tradable sector that could potentially replace oil and gas. Meanwhile, productivity growth in Norway has faltered for the past decade compared to peers, reflecting both cyclical and structural factors. This paper explores two possible explanations for the lagging productivity performance, namely product market regulation (PMR) and the low level of research and innovation. An extensive dataset of mainland Norwegian firms is used to empirically assess the potential productivity gains from product market reforms as well as increasing research and development (R&D) spending. -- The high and rising house prices and household debt in Norway pose important financial stability risks. To address these systemic risks, the authorities have implemented a number of macroprudential policy measures. This paper empirically assesses the effectiveness of the housing-related measures in the Norwegian context, controlling for other variables that affect house prices and mortgage credit growth. Additionally, a DSGE model is used to examine the potential impact of tightening certain policies
Member of
Cataloging source
DJB
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorName
Arnold, Nathaniel
Government publication
international or intergovernmental publication
Illustrations
illustrations
Index
no index present
LC call number
HC59.15.I15
LC item number
No. 16/215 ONLINE
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Geng, Nan
  • Ho, Giang
  • Turk Ariss, Rima
  • International Monetary Fund
  • International Monetary Fund
Series statement
IMF country report
Series volume
no. 16/215
http://library.link/vocab/subjectName
  • International Monetary Fund
  • International Monetary Fund
  • Petroleum industry and trade
  • Gas industry
  • Petroleum products
  • Industrial productivity
  • Housing
  • Gas industry
  • Housing
  • Industrial productivity
  • Petroleum industry and trade
  • Petroleum products
  • Norway
Label
Norway : selected issues
Instantiates
Publication
Copyright
Note
  • "July 2016."
  • "June 9, 2016; approved by the European Department; prepared by Nathaniel Arnold, Nan Geng, Giang Ho, and Rima Turk"--Page 2 of pdf
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
The transition from oil and gas / Giang Ho -- A firm-level analysis of productivity in Norway / Nan Geng, Giang Ho, and Rima Turk -- The housing boom and macroprudential policy / Nathaniel Arnold and Nan Geng
Control code
956432318
Extent
1 online resource (52 pages)
Form of item
online
Isbn
9781498345705
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
color illustrations
Specific material designation
remote
System control number
(OCoLC)956432318
Label
Norway : selected issues
Publication
Copyright
Note
  • "July 2016."
  • "June 9, 2016; approved by the European Department; prepared by Nathaniel Arnold, Nan Geng, Giang Ho, and Rima Turk"--Page 2 of pdf
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
The transition from oil and gas / Giang Ho -- A firm-level analysis of productivity in Norway / Nan Geng, Giang Ho, and Rima Turk -- The housing boom and macroprudential policy / Nathaniel Arnold and Nan Geng
Control code
956432318
Extent
1 online resource (52 pages)
Form of item
online
Isbn
9781498345705
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
color illustrations
Specific material designation
remote
System control number
(OCoLC)956432318

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