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Testing the multiproduct hypothesis on Norwegian aluminium industry plants
Discussion Papers no. 350
Publikasjon -
Testing the multiproduct hypothesis on Norwegian aluminium industry plants
Discussion Papers no. 350
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...
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The Kyoto Protocol without USA and Australia - with the Russian Federation as a strategic permit seller
Discussion Papers no. 349
Publikasjon -
The Kyoto Protocol without USA and Australia - with the Russian Federation as a strategic permit seller
Discussion Papers no. 349
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 ...
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More on testing exact rational expectations in cointegrated vector autoregressive models
Discussion Papers no. 348
Publikasjon -
More on testing exact rational expectations in cointegrated vector autoregressive models
Discussion Papers no. 348
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...
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Welfare effects of VAT reforms
Discussion Papers no. 343
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...
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Possibility for hedging from price increases in residential energy demand
Discussion Papers no. 347
Publikasjon -
Possibility for hedging from price increases in residential energy demand
Discussion Papers no. 347
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...
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Analyzing labor supply behavior with latent job opportunity sets and institutional choice constraints
Discussion Papers no. 344
In this paper we discuss a general framework for analyzing labor supply behavior in the presence of complicated budget- and quantity constraints of which some are unobserved. The point of departure is that an individual’s labor supply dec...
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A linear demand system within a Seemingly Unrelated Time Series Equation framework
Discussion Papers no. 345
We consider a Seemingly Unrelated Time Series Equations framework for the linear Almost Ideal Demand system. The framework is applied to a consumer demand system covering nine non-durable commodities. We test for demand homogeneity within...
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How to quantify household electricity end-use consumption
Discussion Papers no. 346
Publikasjon -
A linear demand system within a Seemingly Unrelated Time Series Equation framework
Discussion Papers no. 345
Publikasjon -
Analyzing labor supply behavior with latent job opportunity sets and institutional choice constraints
Discussion Papers no. 344
Publikasjon -
How to quantify household electricity end-use consumption
Discussion Papers no. 346
Information about total electricity consumption is available for most households. However, the electricity consumption related to different end uses, e.g. space heating, water heating, lighting and services from household appliances are u...
Publikasjon