Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/103093
Authors: 
Dahl, Roy Endré
Osmundsen, Petter
Year of Publication: 
2014
Series/Report no.: 
CESifo Working Paper 5011
Abstract: 
Governments in extraction countries are anxious to estimate expected investment in development projects, since they represent an essential element of the macro economy. The overall level of activity is also crucial to oil companies, since the macro picture affects cost levels, the supplies market and recruitment opportunities. The paper outlines factors that explain fluctuations in investment in petroleum projects on the Norwegian continental shelf.
Subjects: 
investments
oil industry
cost overruns
megaprojects
business cycles
JEL: 
M21
L71
F21
E32
Document Type: 
Working Paper

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