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dc.contributor.authorBrander, Anna Sandvig
dc.contributor.authorBrekke, Henriette
dc.contributor.authorNaug, Bjørn E.
dc.description.abstractNorwegian enterprises have increased their sales to the oil and gas industry markedly in recent years. In this article, we take a closer look at the petroleum-related turnover of Norwegian enterprises and the effect of a fall in oil prices on turnover. The analysis is based on a survey of enterprises in Norges Bank’s regional network. The responses indicate that a share of sales will be affected if oil prices fall below USD 90 and that a drop to USD 70 or lower will have a severe adverse impact on petroleumrelated sales in the Norwegian economy. Overall, the enterprises estimate that they can only compensate for lost petroleum-related sales to a limited extent by increasing sales in other markets in the first one to two years after a fall in oil prices.nb_NO
dc.publisherNorges Banknb_NO
dc.relation.ispartofseriesEconomic Commentaries;4/2013
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 Internasjonal*
dc.titleThe Effect of a Fall in Oil Prices on the Turnover of Norwegian Enterprisesnb_NO
dc.subject.nsiVDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212nb_NO

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Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal