Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/310395 
Erscheinungsjahr: 
2024
Schriftenreihe/Nr.: 
Discussion Papers No. 1014
Versionsangabe: 
Corrected: January 2025
Verlag: 
Statistics Norway, Research Department, Oslo
Zusammenfassung: 
Petroleum-producing countries face unique challenges in meeting global emissions targets. As global petroleum consumption declines, these nations must reallocate resources and phase out a historically profitable industry. This study examines Norway's economic transformation resulting from a significant downturn in the petroleum sector, akin to a reverse Dutch disease. Industries linked to petroleum, particularly those supplying factor inputs, must pivot to new markets, while other sectors may benefit from real exchange rate depreciation. Our findings indicate that long-term macroeconomic adjustments are modest, whereas short-term effects can be significant but are largely mitigated through standard fiscal and monetary policy measures.
Schlagwörter: 
Petroleum industry
Green transition
Dutch disease
JEL: 
Q32
Q54
E60
F41
Dokumentart: 
Working Paper

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