### “A Small Econometric-Model of Norway”

**Authors:**Rolf Henriksen and Aage J. Thunem,

**Affiliation:**NTNU, Department of Engineering Cybernetics and SINTEF

**Reference:**1981, Vol 2, No 1, pp. 1-17.

**Keywords:**Econometrics, mathematical modelling, identification, simulation

**Abstract:**This paper presents a small model of the Norwegian economy which has been developed by the Division of Engineering Cybernetics at the Norwegian Institute of Technology. It was primarily designed to perform ex-post simulations of the overall behaviour of the economy during the period 1968 77. The experiments show that a cut in central government income taxes might have strengthened the economy significantly without increasing inflation. They thus indicate that a high level of personal income taxation, as in Norway today, may be highly inflationary, as opposed to what is asserted in many textbooks.

PDF (4288 Kb) DOI: 10.4173/mic.1981.1.1

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**BibTeX:**

@article{MIC-1981-1-1,

title={{A Small Econometric-Model of Norway}},

author={Henriksen, Rolf and Thunem, Aage J.},

journal={Modeling, Identification and Control},

volume={2},

number={1},

pages={1--17},

year={1981},

doi={10.4173/mic.1981.1.1},

publisher={Norwegian Society of Automatic Control}

};