• norsk
    • English
  • English 
    • norsk
    • English
  • Login
View Item 
  •   Home
  • Handelshøyskolen BI
  • Student papers
  • Master of Science
  • View Item
  •   Home
  • Handelshøyskolen BI
  • Student papers
  • Master of Science
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Fiscal spending in an oil rich economy

Vegard, Kristine Erstad; Dinh, Dung Thi Thuy
Master thesis
Thumbnail
View/Open
2031714.pdf (3.711Mb)
URI
http://hdl.handle.net/11250/2579185
Date
2018
Metadata
Show full item record
Collections
  • Master of Science [1116]
Abstract
In this thesis we investigate two matters concerning Norwegian scal policy.

We rst assess the e ects of an oil revenue shock on mainland GDP and scal

spending. Then we examine how discretionary scal spending a ects mainland

GDP. This is done through an empirical SVAR analysis. Acknowledging that

the e ects of scal policy depends on country characteristics, our SVAR model

is built to t Norway, a small open and oil dependent economy with a unique

scal framework. Our results make it clear that mainland GDP increases

following a hike in government oil revenue and that scal spending has been

more procyclical to oil revenue in our later sample, i.e., after the adoption

of the scal spending rule. We show that discretionary scal spending has

a positive, yet modest, short term e ect on Norwegian GDP. The results are

robust for di erent speci cations of our SVAR model, as well as a proxy SVAR.
Description
Masteroppgave(MSc) in Master of Science in Business, Economics - Handelshøyskolen BI, 2018
Publisher
Handelshøyskolen BI

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit
 

 

Browse

ArchiveCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsDocument TypesJournalsThis CollectionBy Issue DateAuthorsTitlesSubjectsDocument TypesJournals

My Account

Login

Statistics

View Usage Statistics

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit