MODAG A a medium term annual macroeconomic model of the Norwegian economy
Working paper
Åpne
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http://hdl.handle.net/11250/2574709Utgivelsesdato
1986-10-15Metadata
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Sammendrag
This paper presents the structure and main empirical characteristics of
MODAG A, a medium term annual macroeconomic model of the Norwegian economy.
The model has an input-output structure with 41 commodities and 33 production
sectors and is closely linked to the national accounting system.
The version presented in this paper models only the real sector of the
economy, and its structure is very much in the Klein-Tinbergen tradition
with elements from the Scandinavian model of inflation. The main purposes
of the model are the preparation of medium term economic projections and
policy studies in the Ministry of Finance and in the Central Bureau of
Statistics.