Siste publikasjoner

28787 A03/18 Kurt R. Brekke, Tor Helge Holmås, Karin Monstad og Odd Rune Straume How does the type of remuneration affect physician behaviour? Fixed salary versus fee-for-service /Files/Filer/Publications/A_0318.pdf <p>We analyse the effects of fee-for-service versus fixed salary on the treatment decisions of general practitioners (GPs) and on patients&rsquo; health outcomes. Using rich Norwegian register data during 2009-2013, we find that GPs respond strongly and consistently to changes in remuneration type. Compared with fixed salary, GP payment by fee-for-service leads to an increase in the supply of consultations and a higher provision of medical services (along several dimensions) per consultation. This has also significant implications for patients&rsquo; health outcomes, with a close to 20 percent reduction in the probability of an emergency hospital admission shortly after a GP consultation.</p> 1 2018 0 PubID 28787 0 0 Pub_TypeNumber A03/18 0 1 Pub_Writer Kurt R. Brekke, Tor Helge Holmås, Karin Monstad og Odd Rune Straume 0 2 Pub_Title How does the type of remuneration affect physician behaviour? Fixed salary versus fee-for-service 0 3 Pub_Publication /Files/Filer/Publications/A_0318.pdf 0 4 Pub_AbstractEn <p>We analyse the effects of fee-for-service versus fixed salary on the treatment decisions of general practitioners (GPs) and on patients&rsquo; health outcomes. Using rich Norwegian register data during 2009-2013, we find that GPs respond strongly and consistently to changes in remuneration type. Compared with fixed salary, GP payment by fee-for-service leads to an increase in the supply of consultations and a higher provision of medical services (along several dimensions) per consultation. This has also significant implications for patients&rsquo; health outcomes, with a close to 20 percent reduction in the probability of an emergency hospital admission shortly after a GP consultation.</p> 0 5 Pub_Type 1 0 6 Pub_Year 2018 0 7 Pub_OldID 0 0 8 28786 A02/18 Kurt R. Brekke, Tor Helge Holmås, Karin Monstad og Odd Rune Straume Competition and physician behaviour: Does the competitive environment affect the propensity to issue sickness certificates? /Files/Filer/Publications/A_0218.pdf <p>Competition among physicians is widespread, but compelling empirical evidence on its impact on service provision is limited, mainly due to endogeneity issues. In this paper we exploit that many GPs, in addition to own practice, work in local emergency centres, where the matching of patients to GPs is random. The same GP is observed both with competition (own practice) and without (emergency centre). Using high-dimensional fixed- effect models, we find that GPs with a fee-for-service (fixed-salary) contract are 12 (8) percentage points more likely to certify sick leave at own practice than at the emergency centre. Thus, competition has a positive impact on GPs.sicklisting that is strongly reinforced by financial incentives.</p> 1 2018 0 PubID 28786 1 0 Pub_TypeNumber A02/18 1 1 Pub_Writer Kurt R. Brekke, Tor Helge Holmås, Karin Monstad og Odd Rune Straume 1 2 Pub_Title Competition and physician behaviour: Does the competitive environment affect the propensity to issue sickness certificates? 1 3 Pub_Publication /Files/Filer/Publications/A_0218.pdf 1 4 Pub_AbstractEn <p>Competition among physicians is widespread, but compelling empirical evidence on its impact on service provision is limited, mainly due to endogeneity issues. In this paper we exploit that many GPs, in addition to own practice, work in local emergency centres, where the matching of patients to GPs is random. The same GP is observed both with competition (own practice) and without (emergency centre). Using high-dimensional fixed- effect models, we find that GPs with a fee-for-service (fixed-salary) contract are 12 (8) percentage points more likely to certify sick leave at own practice than at the emergency centre. Thus, competition has a positive impact on GPs.sicklisting that is strongly reinforced by financial incentives.</p> 1 5 Pub_Type 1 1 6 Pub_Year 2018 1 7 Pub_OldID 0 1 8 28785 A17/17 Karl Eilertsen Barvik og Magnus Sveen Nygaard Konkurranse og effektivitet i det norske sparebankmarkedet. En empirisk analyse av konkurranse og effektivitet blant norske sparebanker i perioden 1997-2013 /Files/Filer/Publications/A17_17.pdf 1 2017 0 PubID 28785 2 0 Pub_TypeNumber A17/17 2 1 Pub_Writer Karl Eilertsen Barvik og Magnus Sveen Nygaard 2 2 Pub_Title Konkurranse og effektivitet i det norske sparebankmarkedet. En empirisk analyse av konkurranse og effektivitet blant norske sparebanker i perioden 1997-2013 2 3 Pub_Publication /Files/Filer/Publications/A17_17.pdf 2 4 Pub_AbstractEn 2 5 Pub_Type 1 2 6 Pub_Year 2017 2 7 Pub_OldID 0 2 8 28784 A16/17 Morten Sæthre Local Bank Competition, Loan Rates and Risk /Files/Filer/Publications/A_1617.pdf <p>This paper investigates the effect of competition on the relation between borrowers&rsquo; risk and interest rates in the market for business loans. I estimate the relationship between the loan rates and risk of closure conditional on the local market structure using detailed data on loan payments between individual firms and banks from Norway. The findings show that increased competition is associated with lower rates for less risky and higher rates for more risky loans. Comparing markets with three competing banks compared to a single bank, rates for loans to firms that closed down during the loan period were approximately 50 basis points higher, while loans to firms that did not close down were approximately 20 basis points lower.</p> 1 2017 0 PubID 28784 3 0 Pub_TypeNumber A16/17 3 1 Pub_Writer Morten Sæthre 3 2 Pub_Title Local Bank Competition, Loan Rates and Risk 3 3 Pub_Publication /Files/Filer/Publications/A_1617.pdf 3 4 Pub_AbstractEn <p>This paper investigates the effect of competition on the relation between borrowers&rsquo; risk and interest rates in the market for business loans. I estimate the relationship between the loan rates and risk of closure conditional on the local market structure using detailed data on loan payments between individual firms and banks from Norway. The findings show that increased competition is associated with lower rates for less risky and higher rates for more risky loans. Comparing markets with three competing banks compared to a single bank, rates for loans to firms that closed down during the loan period were approximately 50 basis points higher, while loans to firms that did not close down were approximately 20 basis points lower.</p> 3 5 Pub_Type 1 3 6 Pub_Year 2017 3 7 Pub_OldID 0 3 8 28783 Magma, nr. 5, 52-60 (2018) Berit Sund og Synnøve Nesse Emosjonsregulering i ledelse på tvers av organisatoriske og nasjonale grenser /Files/Filer/Publications/Magma 1805 Sund og Nesse.pdf 3 2018 0 PubID 28783 4 0 Pub_TypeNumber Magma, nr. 5, 52-60 (2018) 4 1 Pub_Writer Berit Sund og Synnøve Nesse 4 2 Pub_Title Emosjonsregulering i ledelse på tvers av organisatoriske og nasjonale grenser 4 3 Pub_Publication /Files/Filer/Publications/Magma 1805 Sund og Nesse.pdf 4 4 Pub_AbstractEn 4 5 Pub_Type 3 4 6 Pub_Year 2018 4 7 Pub_OldID 0 4 8 28782 Magma, nr. 5, 61-70 (2018) Synnøve Nesse Hvordan sikre innovasjon ved å samarbeide med en konkurrent? /Files/Filer/Publications/Magma 1805 Nesse.pdf 3 2018 0 PubID 28782 5 0 Pub_TypeNumber Magma, nr. 5, 61-70 (2018) 5 1 Pub_Writer Synnøve Nesse 5 2 Pub_Title Hvordan sikre innovasjon ved å samarbeide med en konkurrent? 5 3 Pub_Publication /Files/Filer/Publications/Magma 1805 Nesse.pdf 5 4 Pub_AbstractEn 5 5 Pub_Type 3 5 6 Pub_Year 2018 5 7 Pub_OldID 0 5 8 28781 Journal of Business Research, 91, 221-232 (2018) Alexander Jakubanecs, Alexander Fedorikhin and Nina Marianne Iversen Consumer responses to hedonic food products: Healthy cake or indulgent cake? Could dialecticism be the answer? (https://doi.org/10.1016/j.jbusres.2018.06.016) /Files 3 2018 0 PubID 28781 6 0 Pub_TypeNumber Journal of Business Research, 91, 221-232 (2018) 6 1 Pub_Writer Alexander Jakubanecs, Alexander Fedorikhin and Nina Marianne Iversen 6 2 Pub_Title Consumer responses to hedonic food products: Healthy cake or indulgent cake? Could dialecticism be the answer? (https://doi.org/10.1016/j.jbusres.2018.06.016) 6 3 Pub_Publication /Files 6 4 Pub_AbstractEn 6 5 Pub_Type 3 6 6 Pub_Year 2018 6 7 Pub_OldID 0 6 8 28780 International Journal of Knowledge Management Studies, 9(1), 18-30 (2018) Isabell Schonhowd Haagensen, Eline Katrin Helland and Torstein Nesheim Enhancing knowledge articulation in communities of practices: The role of the community leader (https://doi.org/10.1504/IJKMS.2018.089692) /Files 3 2018 0 PubID 28780 7 0 Pub_TypeNumber International Journal of Knowledge Management Studies, 9(1), 18-30 (2018) 7 1 Pub_Writer Isabell Schonhowd Haagensen, Eline Katrin Helland and Torstein Nesheim 7 2 Pub_Title Enhancing knowledge articulation in communities of practices: The role of the community leader (https://doi.org/10.1504/IJKMS.2018.089692) 7 3 Pub_Publication /Files 7 4 Pub_AbstractEn 7 5 Pub_Type 3 7 6 Pub_Year 2018 7 7 Pub_OldID 0 7 8 28779 Magma - Tidsskrift for økonomi og ledelse, 21(1), 62-70 (2018) Julia Tropina Bakke, Arnt Ove Hopland og Jarle Møen Effekten av strengere internprisingsregler på overskuddsflytting i flernasjonale foretak /Files 3 2018 0 PubID 28779 8 0 Pub_TypeNumber Magma - Tidsskrift for økonomi og ledelse, 21(1), 62-70 (2018) 8 1 Pub_Writer Julia Tropina Bakke, Arnt Ove Hopland og Jarle Møen 8 2 Pub_Title Effekten av strengere internprisingsregler på overskuddsflytting i flernasjonale foretak 8 3 Pub_Publication /Files 8 4 Pub_AbstractEn 8 5 Pub_Type 3 8 6 Pub_Year 2018 8 7 Pub_OldID 0 8 8 28778 Energy, 150, 992-1005 (2018) Endre Bjørndal, Mette Bjørndal, Kjetil Trovik Midthun and Asgeir Tomasgard Stochastic electricity dispatch: A challenge for market design (https://doi.org/10.1016/j.energy.2018.02.055) /Files 3 2018 0 PubID 28778 9 0 Pub_TypeNumber Energy, 150, 992-1005 (2018) 9 1 Pub_Writer Endre Bjørndal, Mette Bjørndal, Kjetil Trovik Midthun and Asgeir Tomasgard 9 2 Pub_Title Stochastic electricity dispatch: A challenge for market design (https://doi.org/10.1016/j.energy.2018.02.055) 9 3 Pub_Publication /Files 9 4 Pub_AbstractEn 9 5 Pub_Type 3 9 6 Pub_Year 2018 9 7 Pub_OldID 0 9 8 27778 American Journal of Agricultural Economics, 100(3), 889-905 (2018) Ragnar Arnason, Trond Bjørndal, Daniel V. Gordon and Mintewab Bezabih Measuring Potential Rents in the North Sea Herring Fishery (https://doi.org/10.1093/ajae/aay003) /Files 3 2018 0 PubID 27778 10 0 Pub_TypeNumber American Journal of Agricultural Economics, 100(3), 889-905 (2018) 10 1 Pub_Writer Ragnar Arnason, Trond Bjørndal, Daniel V. Gordon and Mintewab Bezabih 10 2 Pub_Title Measuring Potential Rents in the North Sea Herring Fishery (https://doi.org/10.1093/ajae/aay003) 10 3 Pub_Publication /Files 10 4 Pub_AbstractEn 10 5 Pub_Type 3 10 6 Pub_Year 2018 10 7 Pub_OldID 0 10 8 27777 Energy, 150, 992-1005 (2018) Endre Bjørndal, Mette Bjørndal, Kjetil Trovik Midthun og Asgeir Tomasgard Stochastic electricity dispatch: A challenge for market design (https://doi.org/10.1016/j.energy.2018.02.055) /Files 3 2018 0 PubID 27777 11 0 Pub_TypeNumber Energy, 150, 992-1005 (2018) 11 1 Pub_Writer Endre Bjørndal, Mette Bjørndal, Kjetil Trovik Midthun og Asgeir Tomasgard 11 2 Pub_Title Stochastic electricity dispatch: A challenge for market design (https://doi.org/10.1016/j.energy.2018.02.055) 11 3 Pub_Publication /Files 11 4 Pub_AbstractEn 11 5 Pub_Type 3 11 6 Pub_Year 2018 11 7 Pub_OldID 0 11 8 27776 Facilities, 36(5/6), 230-243 (2018) Arnt Ove Hopland and Sturla F. Kvamsdal Concerns among local government facility managers: a Norwegian survey (https://10.1108/F-11-2016-0098) /Files 3 2018 0 PubID 27776 12 0 Pub_TypeNumber Facilities, 36(5/6), 230-243 (2018) 12 1 Pub_Writer Arnt Ove Hopland and Sturla F. Kvamsdal 12 2 Pub_Title Concerns among local government facility managers: a Norwegian survey (https://10.1108/F-11-2016-0098) 12 3 Pub_Publication /Files 12 4 Pub_AbstractEn 12 5 Pub_Type 3 12 6 Pub_Year 2018 12 7 Pub_OldID 0 12 8 26777 R02/18 Torstein Nesheim Hva kjennetegner Oljedirektoratets organisasjon? /Files/Filer/Publications/R02_18.pdf 2 2018 0 PubID 26777 13 0 Pub_TypeNumber R02/18 13 1 Pub_Writer Torstein Nesheim 13 2 Pub_Title Hva kjennetegner Oljedirektoratets organisasjon? 13 3 Pub_Publication /Files/Filer/Publications/R02_18.pdf 13 4 Pub_AbstractEn 13 5 Pub_Type 2 13 6 Pub_Year 2018 13 7 Pub_OldID 0 13 8 26776 International Game Theory Review (2018) Evangelos Toumasatos and Stein Ivar Steinshamn Coalition Formation with Externalities: The Case of the Northeast Atlantic Mackerel Fishery in a Pre-and Post-Brexit Context (https://doi.org/10.1142/S0219198918500019) /Files 3 2018 0 PubID 26776 14 0 Pub_TypeNumber International Game Theory Review (2018) 14 1 Pub_Writer Evangelos Toumasatos and Stein Ivar Steinshamn 14 2 Pub_Title Coalition Formation with Externalities: The Case of the Northeast Atlantic Mackerel Fishery in a Pre-and Post-Brexit Context (https://doi.org/10.1142/S0219198918500019) 14 3 Pub_Publication /Files 14 4 Pub_AbstractEn 14 5 Pub_Type 3 14 6 Pub_Year 2018 14 7 Pub_OldID 0 14 8 25777 R09/17 Helle Kristine Fossbakk og Andreas Lunde Lossius Hvordan styre og tenke dynamisk ved bruk av scenarioer /Files/Filer/Publications/R09_17.pdf 2 2017 0 PubID 25777 15 0 Pub_TypeNumber R09/17 15 1 Pub_Writer Helle Kristine Fossbakk og Andreas Lunde Lossius 15 2 Pub_Title Hvordan styre og tenke dynamisk ved bruk av scenarioer 15 3 Pub_Publication /Files/Filer/Publications/R09_17.pdf 15 4 Pub_AbstractEn 15 5 Pub_Type 2 15 6 Pub_Year 2017 15 7 Pub_OldID 0 15 8 25776 R08/17 Truls Hiis Bergh og Cedrik W. Dagousset En investeringsprosess sin påvirkning på prosjektgjennomføring /Files/Filer/Publications/R08_17.pdf 2 2017 0 PubID 25776 16 0 Pub_TypeNumber R08/17 16 1 Pub_Writer Truls Hiis Bergh og Cedrik W. Dagousset 16 2 Pub_Title En investeringsprosess sin påvirkning på prosjektgjennomføring 16 3 Pub_Publication /Files/Filer/Publications/R08_17.pdf 16 4 Pub_AbstractEn 16 5 Pub_Type 2 16 6 Pub_Year 2017 16 7 Pub_OldID 0 16 8 24776 R06/17 Ove Rein Hetland, Aksel Mjøs og Li Zhang Det norske bedriftsbankmarkedet. En beskrivende analyse av bankmarkedet for norske bedriftskunder /Files/Filer/Publications/R06_17_.pdf 2 2017 0 PubID 24776 17 0 Pub_TypeNumber R06/17 17 1 Pub_Writer Ove Rein Hetland, Aksel Mjøs og Li Zhang 17 2 Pub_Title Det norske bedriftsbankmarkedet. En beskrivende analyse av bankmarkedet for norske bedriftskunder 17 3 Pub_Publication /Files/Filer/Publications/R06_17_.pdf 17 4 Pub_AbstractEn 17 5 Pub_Type 2 17 6 Pub_Year 2017 17 7 Pub_OldID 0 17 8 24774 Aquaculture Economics & Management, 21(4), 433-451 (2017) Trond Bjørndal and Jordi Guillen Market integration between wild and farmed species in Spain (https://dx.doi.org/10.1080/13657305.2016.1214629) /Files 3 2017 0 PubID 24774 18 0 Pub_TypeNumber Aquaculture Economics & Management, 21(4), 433-451 (2017) 18 1 Pub_Writer Trond Bjørndal and Jordi Guillen 18 2 Pub_Title Market integration between wild and farmed species in Spain (https://dx.doi.org/10.1080/13657305.2016.1214629) 18 3 Pub_Publication /Files 18 4 Pub_AbstractEn 18 5 Pub_Type 3 18 6 Pub_Year 2017 18 7 Pub_OldID 0 18 8 24773 Academy of Management Proceedings, 1, 17731 (2017) Synnøve Nesse A Framework for Developing Organizational Crisis Leadership: An Integration of Multiple Perspectives (https://dx.doi.org/10.5465/AMBPP.2017.1773abstract) /Files 3 2017 0 PubID 24773 19 0 Pub_TypeNumber Academy of Management Proceedings, 1, 17731 (2017) 19 1 Pub_Writer Synnøve Nesse 19 2 Pub_Title A Framework for Developing Organizational Crisis Leadership: An Integration of Multiple Perspectives (https://dx.doi.org/10.5465/AMBPP.2017.1773abstract) 19 3 Pub_Publication /Files 19 4 Pub_AbstractEn 19 5 Pub_Type 3 19 6 Pub_Year 2017 19 7 Pub_OldID 0 19 8 24772 A15/17 Simen A. Ulsaker Competition and risk taking in the banking industry: The case of capital requirements /Files/Filer/Publications/A15_2017.pdf <p>This article examines how stricter capital requirements affect competition and risk-taking incentives in the banking industry. When banks choose their risk profiles by solving portfolio problems, there is a clear trade-off between competition and risk taking: stricter capital requirements restrict risk taking but soften competition for deposits. The clear trade-off disappears when banks compete in a loan market rather than choose their risk profiles directly. In this case, stricter capital requirements will lead to less risk taking only if they also lead to stronger competition in the loan market.</p> 1 2017 0 PubID 24772 20 0 Pub_TypeNumber A15/17 20 1 Pub_Writer Simen A. Ulsaker 20 2 Pub_Title Competition and risk taking in the banking industry: The case of capital requirements 20 3 Pub_Publication /Files/Filer/Publications/A15_2017.pdf 20 4 Pub_AbstractEn <p>This article examines how stricter capital requirements affect competition and risk-taking incentives in the banking industry. When banks choose their risk profiles by solving portfolio problems, there is a clear trade-off between competition and risk taking: stricter capital requirements restrict risk taking but soften competition for deposits. The clear trade-off disappears when banks compete in a loan market rather than choose their risk profiles directly. In this case, stricter capital requirements will lead to less risk taking only if they also lead to stronger competition in the loan market.</p> 20 5 Pub_Type 1 20 6 Pub_Year 2017 20 7 Pub_OldID 0 20 8 24771 Transportation Research Part D: Transport and Environment, 50, 409-417, 2017 Haakon Elizabeth Lindstad, Gunnar Eskeland and Agathe Isabelle Rialland Batteries in offshore support vessels - Pollution, climate impact and economics (https://dx.doi.org/10.1016/j.trd.2016.11.023) /Files 3 2017 0 PubID 24771 21 0 Pub_TypeNumber Transportation Research Part D: Transport and Environment, 50, 409-417, 2017 21 1 Pub_Writer Haakon Elizabeth Lindstad, Gunnar Eskeland and Agathe Isabelle Rialland 21 2 Pub_Title Batteries in offshore support vessels - Pollution, climate impact and economics (https://dx.doi.org/10.1016/j.trd.2016.11.023) 21 3 Pub_Publication /Files 21 4 Pub_AbstractEn 21 5 Pub_Type 3 21 6 Pub_Year 2017 21 7 Pub_OldID 0 21 8 24770 Journal of Cleaner Production, 178, 1-13 (2018) Roar Adland, Pierre Cariou, Haiying Jia and Francois-Charles Wolff The energy efficiency effects of periodic ship hull cleaning (https://dx.doi.org/10.1016/j.jclepro.2017.12.247) /Files 3 2018 0 PubID 24770 22 0 Pub_TypeNumber Journal of Cleaner Production, 178, 1-13 (2018) 22 1 Pub_Writer Roar Adland, Pierre Cariou, Haiying Jia and Francois-Charles Wolff 22 2 Pub_Title The energy efficiency effects of periodic ship hull cleaning (https://dx.doi.org/10.1016/j.jclepro.2017.12.247) 22 3 Pub_Publication /Files 22 4 Pub_AbstractEn 22 5 Pub_Type 3 22 6 Pub_Year 2018 22 7 Pub_OldID 0 22 8 24768 A14/17 Leif K. Sandal, Sturla F. Kvamsdal, José M. Maroto and Manuel Morán A contraction approach to periodic optimization problems /Files/Filer/Publications/A14_17.pdf Consider an infinite horizon, multi-dimensional optimization problem with arbitrary but finite periodicity in discrete time. The problem can be posed as a set of coupled equations. We show that the problem is a special case of a more general class of problems, that the general class has a unique solution, and that the solution can be obtained with the help of a contraction operator. Special cases include the classical Bellman problem and stochastic problem formulations. Thus, we view our approach as an extension of the Bellman problem to the special case of non-autonomy that periodicity represents, and we thereby pave the way for consistent and rigorous treatment of, for example, seasonality in discrete, dynamic optimization. We demonstrate our method in a simple example with periodic variation in the objective function. 1 2017 0 PubID 24768 23 0 Pub_TypeNumber A14/17 23 1 Pub_Writer Leif K. Sandal, Sturla F. Kvamsdal, José M. Maroto and Manuel Morán 23 2 Pub_Title A contraction approach to periodic optimization problems 23 3 Pub_Publication /Files/Filer/Publications/A14_17.pdf 23 4 Pub_AbstractEn Consider an infinite horizon, multi-dimensional optimization problem with arbitrary but finite periodicity in discrete time. The problem can be posed as a set of coupled equations. We show that the problem is a special case of a more general class of problems, that the general class has a unique solution, and that the solution can be obtained with the help of a contraction operator. Special cases include the classical Bellman problem and stochastic problem formulations. Thus, we view our approach as an extension of the Bellman problem to the special case of non-autonomy that periodicity represents, and we thereby pave the way for consistent and rigorous treatment of, for example, seasonality in discrete, dynamic optimization. We demonstrate our method in a simple example with periodic variation in the objective function. 23 5 Pub_Type 1 23 6 Pub_Year 2017 23 7 Pub_OldID 0 23 8 24767 Social Science & Medicine, 196, 166-174 (2018) Afsane Bjorvatn Private or public hospital ownership: Does it really matter? (https://dx.doi.org/10.1016/j.socscimed.2017.11.038) /Files 3 2018 0 PubID 24767 24 0 Pub_TypeNumber Social Science & Medicine, 196, 166-174 (2018) 24 1 Pub_Writer Afsane Bjorvatn 24 2 Pub_Title Private or public hospital ownership: Does it really matter? (https://dx.doi.org/10.1016/j.socscimed.2017.11.038) 24 3 Pub_Publication /Files 24 4 Pub_AbstractEn 24 5 Pub_Type 3 24 6 Pub_Year 2018 24 7 Pub_OldID 0 24 8 24766 Journal of East-West Business, 1-23 (2017) Alexander Jakubanecs, Magne Supphellen and James G. Helgeson Crisis Management Across Borders: Effects of a Crisis Event on Consumer Responses and Communication Strategies in Norway and Russia (https://dx.doi.org/10.1080/10669868.2017.1381214) /Files 3 2017 0 PubID 24766 25 0 Pub_TypeNumber Journal of East-West Business, 1-23 (2017) 25 1 Pub_Writer Alexander Jakubanecs, Magne Supphellen and James G. Helgeson 25 2 Pub_Title Crisis Management Across Borders: Effects of a Crisis Event on Consumer Responses and Communication Strategies in Norway and Russia (https://dx.doi.org/10.1080/10669868.2017.1381214) 25 3 Pub_Publication /Files 25 4 Pub_AbstractEn 25 5 Pub_Type 3 25 6 Pub_Year 2017 25 7 Pub_OldID 0 25 8 24765 R05/17 Line Torsøe og Sandra Gjester Hoel Digital kompetanseutvikling - En analyse av to tiltak i NRK /Files/Filer/Publications/R05_17.pdf 2 2017 0 PubID 24765 26 0 Pub_TypeNumber R05/17 26 1 Pub_Writer Line Torsøe og Sandra Gjester Hoel 26 2 Pub_Title Digital kompetanseutvikling - En analyse av to tiltak i NRK 26 3 Pub_Publication /Files/Filer/Publications/R05_17.pdf 26 4 Pub_AbstractEn 26 5 Pub_Type 2 26 6 Pub_Year 2017 26 7 Pub_OldID 0 26 8 24764 R04/17 Henrik Kyte Assmann og Ivar Bergem Strand «Start Smart» En eksperimentell longitudinell studie av oppstartsaktiviteter i team /Files/Filer/Publications/R04_17.pdf 2 2017 0 PubID 24764 27 0 Pub_TypeNumber R04/17 27 1 Pub_Writer Henrik Kyte Assmann og Ivar Bergem Strand 27 2 Pub_Title «Start Smart» En eksperimentell longitudinell studie av oppstartsaktiviteter i team 27 3 Pub_Publication /Files/Filer/Publications/R04_17.pdf 27 4 Pub_AbstractEn 27 5 Pub_Type 2 27 6 Pub_Year 2017 27 7 Pub_OldID 0 27 8 23764 Computational Economics, 1-20 (2017) Sturla F. Kvamsdal Indexing of Technical Change in Aggregated Data (https://dx.doi.org/10.1007/s10614-017-9771-8) /Files 3 2017 0 PubID 23764 28 0 Pub_TypeNumber Computational Economics, 1-20 (2017) 28 1 Pub_Writer Sturla F. Kvamsdal 28 2 Pub_Title Indexing of Technical Change in Aggregated Data (https://dx.doi.org/10.1007/s10614-017-9771-8) 28 3 Pub_Publication /Files 28 4 Pub_AbstractEn 28 5 Pub_Type 3 28 6 Pub_Year 2017 28 7 Pub_OldID 0 28 8 23763 Employee Relations, 39(7), 1083-1099 (2017) Anna Paula Fijalkowska, Karina Sofie Hjartåker and Torstein Nesheim Lay off employees or terminate consultant contracts? Responses to an external shock in three firms in the Norwegian petroleum industry (https://dx.doi.org/10.1108/ER-11-2016-0219) /Files 3 2017 0 PubID 23763 29 0 Pub_TypeNumber Employee Relations, 39(7), 1083-1099 (2017) 29 1 Pub_Writer Anna Paula Fijalkowska, Karina Sofie Hjartåker and Torstein Nesheim 29 2 Pub_Title Lay off employees or terminate consultant contracts? Responses to an external shock in three firms in the Norwegian petroleum industry (https://dx.doi.org/10.1108/ER-11-2016-0219) 29 3 Pub_Publication /Files 29 4 Pub_AbstractEn 29 5 Pub_Type 3 29 6 Pub_Year 2017 29 7 Pub_OldID 0 29 8 23762 Transportation Research Part D: Transport and Environment, 57, 303-313 (2017) Elizabeth Lindstad, Carl Fredrik Rehn and Gunnar Eskeland Sulphur Abatement Globally in Maritime Shipping (https://dx.doi.org/10.1016/j.trd.2017.09.028) /Files 3 2017 0 PubID 23762 30 0 Pub_TypeNumber Transportation Research Part D: Transport and Environment, 57, 303-313 (2017) 30 1 Pub_Writer Elizabeth Lindstad, Carl Fredrik Rehn and Gunnar Eskeland 30 2 Pub_Title Sulphur Abatement Globally in Maritime Shipping (https://dx.doi.org/10.1016/j.trd.2017.09.028) 30 3 Pub_Publication /Files 30 4 Pub_AbstractEn 30 5 Pub_Type 3 30 6 Pub_Year 2017 30 7 Pub_OldID 0 30 8 23761 Ecological Modelling, 364, 124-131 (2017) Sturla F. Kvamsdal, Jose M. Maroto, Manuel Moran and Leif Kristoffer Sandal A bridge between continuous and discrete-time bioeconomic models: Seasonality in fisheries (https://dx.doi.org/10.1016/j.ecolmodel.2017.09.020) /Files 3 2017 0 PubID 23761 31 0 Pub_TypeNumber Ecological Modelling, 364, 124-131 (2017) 31 1 Pub_Writer Sturla F. Kvamsdal, Jose M. Maroto, Manuel Moran and Leif Kristoffer Sandal 31 2 Pub_Title A bridge between continuous and discrete-time bioeconomic models: Seasonality in fisheries (https://dx.doi.org/10.1016/j.ecolmodel.2017.09.020) 31 3 Pub_Publication /Files 31 4 Pub_AbstractEn 31 5 Pub_Type 3 31 6 Pub_Year 2017 31 7 Pub_OldID 0 31 8 23760 Maritime Economics & Logistics, 1-12 (2017) Haiying Jia, Ove Daae Lampe, Veronika Soltészova and Siri Pettersen Strandenes An automatic algorithm for generating seaborne transport pattern maps based on AIS (https://dx.doi.org/10.1057/s41278-017-0075-7) /Files 3 2017 0 PubID 23760 32 0 Pub_TypeNumber Maritime Economics & Logistics, 1-12 (2017) 32 1 Pub_Writer Haiying Jia, Ove Daae Lampe, Veronika Soltészova and Siri Pettersen Strandenes 32 2 Pub_Title An automatic algorithm for generating seaborne transport pattern maps based on AIS (https://dx.doi.org/10.1057/s41278-017-0075-7) 32 3 Pub_Publication /Files 32 4 Pub_AbstractEn 32 5 Pub_Type 3 32 6 Pub_Year 2017 32 7 Pub_OldID 0 32 8 23759 Oxford Development Studies, 45(3), 338-351 (2017) Ivar Kolstad, Armando Garcia Pires and Arne Wiig Within-group heterogeneity and group dynamics: analyzing exit of microcredit groups in Angola (https://dx.doi.org/10.1080/13600818.2016.1243237) /Files 3 2017 0 PubID 23759 33 0 Pub_TypeNumber Oxford Development Studies, 45(3), 338-351 (2017) 33 1 Pub_Writer Ivar Kolstad, Armando Garcia Pires and Arne Wiig 33 2 Pub_Title Within-group heterogeneity and group dynamics: analyzing exit of microcredit groups in Angola (https://dx.doi.org/10.1080/13600818.2016.1243237) 33 3 Pub_Publication /Files 33 4 Pub_AbstractEn 33 5 Pub_Type 3 33 6 Pub_Year 2017 33 7 Pub_OldID 0 33 8 23758 Information Economics and Policy (2017) Hans Jarle Kind, Lars Sørgard and Armando Garcia Pires The effects of strategic news sources on media coverage (https://dx.doi.org/10.1016/j.infoecopol.2017.10.002) /Files 3 2017 0 PubID 23758 34 0 Pub_TypeNumber Information Economics and Policy (2017) 34 1 Pub_Writer Hans Jarle Kind, Lars Sørgard and Armando Garcia Pires 34 2 Pub_Title The effects of strategic news sources on media coverage (https://dx.doi.org/10.1016/j.infoecopol.2017.10.002) 34 3 Pub_Publication /Files 34 4 Pub_AbstractEn 34 5 Pub_Type 3 34 6 Pub_Year 2017 34 7 Pub_OldID 0 34 8 23757 Transportation Research Part D: Transport and Environment, 53, 37-49 (2017) Roar Os Ådland, Gro Fonnes, Haiying Jia, Ove Daae Lampe and Siri Pettersen Strandenes The impact of regional environmental regulations on empirical vessel speeds (https://dx.doi.org/10.1016/j.trd.2017.03.018) /Files 3 2017 0 PubID 23757 35 0 Pub_TypeNumber Transportation Research Part D: Transport and Environment, 53, 37-49 (2017) 35 1 Pub_Writer Roar Os Ådland, Gro Fonnes, Haiying Jia, Ove Daae Lampe and Siri Pettersen Strandenes 35 2 Pub_Title The impact of regional environmental regulations on empirical vessel speeds (https://dx.doi.org/10.1016/j.trd.2017.03.018) 35 3 Pub_Publication /Files 35 4 Pub_AbstractEn 35 5 Pub_Type 3 35 6 Pub_Year 2017 35 7 Pub_OldID 0 35 8 23756 Maritime Policy & Management, 44(5), 657-665 (2017) Roar Os Ådland, Haiying Jia and Siri Pettersen Strandenes Are AIS-based trade volume estimates reliable? The case of crude oil exports (https://dx.doi.org/10.1080/03088839.2017.1309470) /Files 3 2017 0 PubID 23756 36 0 Pub_TypeNumber Maritime Policy & Management, 44(5), 657-665 (2017) 36 1 Pub_Writer Roar Os Ådland, Haiying Jia and Siri Pettersen Strandenes 36 2 Pub_Title Are AIS-based trade volume estimates reliable? The case of crude oil exports (https://dx.doi.org/10.1080/03088839.2017.1309470) 36 3 Pub_Publication /Files 36 4 Pub_AbstractEn 36 5 Pub_Type 3 36 6 Pub_Year 2017 36 7 Pub_OldID 0 36 8 23755 Transportation Research Part D: Transport and Environment, 54, 50-60 (2017) Haiying Jia, Roar Os Ådland, Vishnu Prakash and Tristan Smith Energy efficiency with the application of virtual arrival policy (https://dx.doi.org/10.1016/j.trd.2017.04.037) /Files 3 2017 0 PubID 23755 37 0 Pub_TypeNumber Transportation Research Part D: Transport and Environment, 54, 50-60 (2017) 37 1 Pub_Writer Haiying Jia, Roar Os Ådland, Vishnu Prakash and Tristan Smith 37 2 Pub_Title Energy efficiency with the application of virtual arrival policy (https://dx.doi.org/10.1016/j.trd.2017.04.037) 37 3 Pub_Publication /Files 37 4 Pub_AbstractEn 37 5 Pub_Type 3 37 6 Pub_Year 2017 37 7 Pub_OldID 0 37 8 23753 A13/17 Arnt O. Hopland and Sturla F. Kvamsdal Building Conditions in Norwegian Local Governments: Trends and Determinants /Files/Filer/Publications/A13_17.pdf <p>In light of evidence of low levels of maintenance of public buildings, we investigate trends and determinants of public building conditions in Norwegian local governments. On average, the condition of Norwegian local public facilities have improved slightly in the period 2004 - 2016. Survey data suggest substantial fluctuations in building conditions and a negative relationship between building conditions in 2004 and 2016. A driver behind this result is high investments in local governments with poor building conditions in 2004. Further, we find no systematic relationship between the conditions in 2004 and maintenance expenditures in subsequent years. We conclude that if maintenance levels are too low, investment levels may be too high. Generally, our results hint at an unhealthy balance between maintenance spending and public spending. Finally, we find that both political and fiscal factors are important in explaining building conditions.</p> 1 2017 0 PubID 23753 38 0 Pub_TypeNumber A13/17 38 1 Pub_Writer Arnt O. Hopland and Sturla F. Kvamsdal 38 2 Pub_Title Building Conditions in Norwegian Local Governments: Trends and Determinants 38 3 Pub_Publication /Files/Filer/Publications/A13_17.pdf 38 4 Pub_AbstractEn <p>In light of evidence of low levels of maintenance of public buildings, we investigate trends and determinants of public building conditions in Norwegian local governments. On average, the condition of Norwegian local public facilities have improved slightly in the period 2004 - 2016. Survey data suggest substantial fluctuations in building conditions and a negative relationship between building conditions in 2004 and 2016. A driver behind this result is high investments in local governments with poor building conditions in 2004. Further, we find no systematic relationship between the conditions in 2004 and maintenance expenditures in subsequent years. We conclude that if maintenance levels are too low, investment levels may be too high. Generally, our results hint at an unhealthy balance between maintenance spending and public spending. Finally, we find that both political and fiscal factors are important in explaining building conditions.</p> 38 5 Pub_Type 1 38 6 Pub_Year 2017 38 7 Pub_OldID 0 38 8 23752 Nordiske Organisasjonsstudier, 19(2), 3-24 (2017) Nicolay Mydland og Torstein Nesheim Avbyråkratisering i staten? Utfordringer ved prosjekt- og teamorganisering /Files/Filer/Publications/Artikkel_Nesheim_Nordiske Organisasjonsstudier.pdf 3 2017 0 PubID 23752 39 0 Pub_TypeNumber Nordiske Organisasjonsstudier, 19(2), 3-24 (2017) 39 1 Pub_Writer Nicolay Mydland og Torstein Nesheim 39 2 Pub_Title Avbyråkratisering i staten? Utfordringer ved prosjekt- og teamorganisering 39 3 Pub_Publication /Files/Filer/Publications/Artikkel_Nesheim_Nordiske Organisasjonsstudier.pdf 39 4 Pub_AbstractEn 39 5 Pub_Type 3 39 6 Pub_Year 2017 39 7 Pub_OldID 0 39 8 23751 A12/17 Evangelos Toumasatos and Stein-Ivar Steinshamn Coalition formation with externalities: The case of the Northeast Atlantic mackerel fishery in a pre and post brexit context /Files/Filer/Publications/A12_17.pdf <p>In this paper we apply the so-called partition function approach to study coalition formation in the North-east Atlantic mackerel fishery in the presence of externalities. Atlantic mackerel is mainly exploited by the European Union (EU), the United Kingdom (UK), Norway the Faroe Islands and Iceland. Two games are considered. First, a four-player game where the UK is still a member of the EU. Second, a five-player game where the UK is no longer a member of the union. Each game is modelled in two stages. In the first stage, players form coalitions following a predefined set of rules. In the second stage given the coalition structure that has been formed, each coalition choose the economic strategy that maximises its own net present value of the fishery given the behavior of the other coalitions. The game is solved using backward induction to obtain the set of Nash equilibria coalition structures in pure strategies, if any. We find out that the current management regime is among the stable coalition structures in all eight scenarios of the four-player game but in only one case of the five-player game. In addition, stability in the five-player game is sensitive to the growth function applied and the magnitude of the stock elasticity parameter.</p> 1 2017 0 PubID 23751 40 0 Pub_TypeNumber A12/17 40 1 Pub_Writer Evangelos Toumasatos and Stein-Ivar Steinshamn 40 2 Pub_Title Coalition formation with externalities: The case of the Northeast Atlantic mackerel fishery in a pre and post brexit context 40 3 Pub_Publication /Files/Filer/Publications/A12_17.pdf 40 4 Pub_AbstractEn <p>In this paper we apply the so-called partition function approach to study coalition formation in the North-east Atlantic mackerel fishery in the presence of externalities. Atlantic mackerel is mainly exploited by the European Union (EU), the United Kingdom (UK), Norway the Faroe Islands and Iceland. Two games are considered. First, a four-player game where the UK is still a member of the EU. Second, a five-player game where the UK is no longer a member of the union. Each game is modelled in two stages. In the first stage, players form coalitions following a predefined set of rules. In the second stage given the coalition structure that has been formed, each coalition choose the economic strategy that maximises its own net present value of the fishery given the behavior of the other coalitions. The game is solved using backward induction to obtain the set of Nash equilibria coalition structures in pure strategies, if any. We find out that the current management regime is among the stable coalition structures in all eight scenarios of the four-player game but in only one case of the five-player game. In addition, stability in the five-player game is sensitive to the growth function applied and the magnitude of the stock elasticity parameter.</p> 40 5 Pub_Type 1 40 6 Pub_Year 2017 40 7 Pub_OldID 0 40 8 22752 A11/17 Øystein Foros, Mai Thi Nguyen and Frode Steen The Effects of a Day Off from Retail Price Competition: Evidence on Consumer Behavior and Firm Performance in Gasoline Retailing /Files/Filer/Publications/A11_17.pdf <p>First, we analyze how regular days off from competition and a time-dependent price pattern affect firm performance. Second, we examine the effects on firms&rsquo; profitability from consumers&rsquo; changing search- and timing behavior. We use microdata from gasoline retailing in Norway. Since 2004, firms have practiced an industry-wide day off from competition, starting on Mondays at noon, by increasing prices to a common level given by the recommended prices (decided and published in advance). Hence, firms know when and to what level to raise their price. In areas without local competition, retail prices are always equal to the recommended prices. Hinged on this, we regard recommended prices as the monopoly price level. In turn, a foreseeable low-price window is open before every restoration. During the data period, we observe an additional weekly restoration on Thursdays at noon. We show that an additional day off from competition increases firm performance. As expected, a conventional price search of where to buy reduces firms&rsquo; profitability. In contrast, consumers who are aware of the cycle and spend effort on when to buy have a positive impact on firms&rsquo; profitability. If consumers spend effort on when to buy rather than were to buy, price competition might be softened even in the low-price windows.</p> <p>&nbsp;</p> 1 2017 0 PubID 22752 41 0 Pub_TypeNumber A11/17 41 1 Pub_Writer Øystein Foros, Mai Thi Nguyen and Frode Steen 41 2 Pub_Title The Effects of a Day Off from Retail Price Competition: Evidence on Consumer Behavior and Firm Performance in Gasoline Retailing 41 3 Pub_Publication /Files/Filer/Publications/A11_17.pdf 41 4 Pub_AbstractEn <p>First, we analyze how regular days off from competition and a time-dependent price pattern affect firm performance. Second, we examine the effects on firms&rsquo; profitability from consumers&rsquo; changing search- and timing behavior. We use microdata from gasoline retailing in Norway. Since 2004, firms have practiced an industry-wide day off from competition, starting on Mondays at noon, by increasing prices to a common level given by the recommended prices (decided and published in advance). Hence, firms know when and to what level to raise their price. In areas without local competition, retail prices are always equal to the recommended prices. Hinged on this, we regard recommended prices as the monopoly price level. In turn, a foreseeable low-price window is open before every restoration. During the data period, we observe an additional weekly restoration on Thursdays at noon. We show that an additional day off from competition increases firm performance. As expected, a conventional price search of where to buy reduces firms&rsquo; profitability. In contrast, consumers who are aware of the cycle and spend effort on when to buy have a positive impact on firms&rsquo; profitability. If consumers spend effort on when to buy rather than were to buy, price competition might be softened even in the low-price windows.</p> <p>&nbsp;</p> 41 5 Pub_Type 1 41 6 Pub_Year 2017 41 7 Pub_OldID 0 41 8 22751 R03/17 Andreas Lie Hauge and Dan-Richard Knudsen Organizational Purpose in Management Control Systems /Files/Filer/Publications/R03_17.pdf <p>The aim of this thesis is to contribute with new insights on the concept of organizational purpose, by answering the following main research question:</p> <p>How does purpose influence the MCS in purpose-driven organizations?</p> <p>There has been a tremendous increase in the general interest of organizational purpose over the course of the last decade. However, there is still a significant lack of scholarly research conducted on the concept. In this thesis, we seek to gain an enhanced understanding of what organizational purpose is, how it may be operationalized in organizations&rsquo; management control systems (MCS), and the potential implications for employees. We seek to understand what organizational purpose is by reviewing the existing management literature on organizational purpose. Furthermore, we conduct a comparative analysis of how the concept is operationalized in the MCS of two Norwegian purpose-driven organizations. The analysis is based on qualitative data gathered from interviewing employees in these organizations.</p> <p>In answering our main research question, we find that there are three important aspects in which organizations with a desire to become purpose-driven need to consider. First, we find that operationalizing purpose in an organization&rsquo;s MCS is a laborious process. This implies that perseverance is a key factor. Second, our results suggest that organizational purpose must be operationalized in ways that are tangible for employees. The purpose should be articulated as an explicit statement, and should be operationalized in the MCS in ways that are understandable to employees. Third, we find that organizational purpose has the ability to spur organizational commitment and employee engagement. Potential consequences for organizations may be reduced turnover, higher level of innovation, and enhanced employee performance. However, our findings suggest that organizations may face a challenge in making employees&rsquo; commitment to the purpose cascade from upper management down to lower hierarchical levels.</p> 2 2017 0 PubID 22751 42 0 Pub_TypeNumber R03/17 42 1 Pub_Writer Andreas Lie Hauge and Dan-Richard Knudsen 42 2 Pub_Title Organizational Purpose in Management Control Systems 42 3 Pub_Publication /Files/Filer/Publications/R03_17.pdf 42 4 Pub_AbstractEn <p>The aim of this thesis is to contribute with new insights on the concept of organizational purpose, by answering the following main research question:</p> <p>How does purpose influence the MCS in purpose-driven organizations?</p> <p>There has been a tremendous increase in the general interest of organizational purpose over the course of the last decade. However, there is still a significant lack of scholarly research conducted on the concept. In this thesis, we seek to gain an enhanced understanding of what organizational purpose is, how it may be operationalized in organizations&rsquo; management control systems (MCS), and the potential implications for employees. We seek to understand what organizational purpose is by reviewing the existing management literature on organizational purpose. Furthermore, we conduct a comparative analysis of how the concept is operationalized in the MCS of two Norwegian purpose-driven organizations. The analysis is based on qualitative data gathered from interviewing employees in these organizations.</p> <p>In answering our main research question, we find that there are three important aspects in which organizations with a desire to become purpose-driven need to consider. First, we find that operationalizing purpose in an organization&rsquo;s MCS is a laborious process. This implies that perseverance is a key factor. Second, our results suggest that organizational purpose must be operationalized in ways that are tangible for employees. The purpose should be articulated as an explicit statement, and should be operationalized in the MCS in ways that are understandable to employees. Third, we find that organizational purpose has the ability to spur organizational commitment and employee engagement. Potential consequences for organizations may be reduced turnover, higher level of innovation, and enhanced employee performance. However, our findings suggest that organizations may face a challenge in making employees&rsquo; commitment to the purpose cascade from upper management down to lower hierarchical levels.</p> 42 5 Pub_Type 2 42 6 Pub_Year 2017 42 7 Pub_OldID 0 42 8 22750 Nordiske Organisasjonsstudier, 19(1), 24-50 (2017) Leif Jarle Gressgård, Kåre Hansen og Torstein Nesheim Inter- og intraorganisatorisk samordning: Lærdommer fra strategien "Bolig for velferd" /Files 3 2017 0 PubID 22750 43 0 Pub_TypeNumber Nordiske Organisasjonsstudier, 19(1), 24-50 (2017) 43 1 Pub_Writer Leif Jarle Gressgård, Kåre Hansen og Torstein Nesheim 43 2 Pub_Title Inter- og intraorganisatorisk samordning: Lærdommer fra strategien "Bolig for velferd" 43 3 Pub_Publication /Files 43 4 Pub_AbstractEn 43 5 Pub_Type 3 43 6 Pub_Year 2017 43 7 Pub_OldID 0 43 8 22749 Søkelys på arbeidslivet, 3/2017, 199-215 Liv Helene Roverud, Tor Kristian Kjølvik, Torstein Nesheim og Kristin Jesnes Mellomledd i oppdragsmarkedet /Files/Filer/Publications/mellomledd_i_oppdragsmarkedet.pdf 3 2017 0 PubID 22749 44 0 Pub_TypeNumber Søkelys på arbeidslivet, 3/2017, 199-215 44 1 Pub_Writer Liv Helene Roverud, Tor Kristian Kjølvik, Torstein Nesheim og Kristin Jesnes 44 2 Pub_Title Mellomledd i oppdragsmarkedet 44 3 Pub_Publication /Files/Filer/Publications/mellomledd_i_oppdragsmarkedet.pdf 44 4 Pub_AbstractEn 44 5 Pub_Type 3 44 6 Pub_Year 2017 44 7 Pub_OldID 0 44 8 22748 Maritime Policy & Management (2017) Haiying Jia, Ove Daae Lampe, Veronika Solteszova and Siri P. Strandenes Norwegian port connectivity and its policy implications (https://dx.doi.org/10.1080/03088839.2017.1366080) /Files/Filer/Publications/2017 Norwegian port connectivity and its policy implications.pdf 3 2017 0 PubID 22748 45 0 Pub_TypeNumber Maritime Policy & Management (2017) 45 1 Pub_Writer Haiying Jia, Ove Daae Lampe, Veronika Solteszova and Siri P. Strandenes 45 2 Pub_Title Norwegian port connectivity and its policy implications (https://dx.doi.org/10.1080/03088839.2017.1366080) 45 3 Pub_Publication /Files/Filer/Publications/2017 Norwegian port connectivity and its policy implications.pdf 45 4 Pub_AbstractEn 45 5 Pub_Type 3 45 6 Pub_Year 2017 45 7 Pub_OldID 0 45 8 22746 A09/17 Sigve Aarflot and Lars Arnegård The Effect of Industrial Diversification on Banks’ Performance. A case study of the Norwegian banking market /Files/Filer/Publications/A09_17.pdf <p>By attracting deposits from savers and offering financing to borrowers, banks play an important role in the economy. Which strategic approach banks ought to pursue for optimizing performance and hence contribute to financial stability is a fundamental question in this context. In this report, we attempt to answer one aspect of this question by estimating the effect of industrial diversification on bank performance using annual data from 112 banks in Norway over the period 2004-2013. Employing several measures of portfolio diversification, we first estimate the average effect of diversification on bank performance. Then, we investigate whether the effect of diversification on performance is dependent on the underlying bank risk. Our findings suggest that increased diversification improves performance for banks in Norway. Moreover, we find that the effect of diversification is in fact dependent on bank risk. Increased diversification seems to be the superior strategy in low- and high risk scenarios, while a more concentrated portfolio should be preferred at moderate risk levels. However, similar studies done in other developed countries find evidence that differs from our results. We address these contrasting results by arguing that differences in country-specific factors such as market structure and risk should be considered in order to make meaningful comparisons.</p> 1 2017 0 PubID 22746 46 0 Pub_TypeNumber A09/17 46 1 Pub_Writer Sigve Aarflot and Lars Arnegård 46 2 Pub_Title The Effect of Industrial Diversification on Banks’ Performance. A case study of the Norwegian banking market 46 3 Pub_Publication /Files/Filer/Publications/A09_17.pdf 46 4 Pub_AbstractEn <p>By attracting deposits from savers and offering financing to borrowers, banks play an important role in the economy. Which strategic approach banks ought to pursue for optimizing performance and hence contribute to financial stability is a fundamental question in this context. In this report, we attempt to answer one aspect of this question by estimating the effect of industrial diversification on bank performance using annual data from 112 banks in Norway over the period 2004-2013. Employing several measures of portfolio diversification, we first estimate the average effect of diversification on bank performance. Then, we investigate whether the effect of diversification on performance is dependent on the underlying bank risk. Our findings suggest that increased diversification improves performance for banks in Norway. Moreover, we find that the effect of diversification is in fact dependent on bank risk. Increased diversification seems to be the superior strategy in low- and high risk scenarios, while a more concentrated portfolio should be preferred at moderate risk levels. However, similar studies done in other developed countries find evidence that differs from our results. We address these contrasting results by arguing that differences in country-specific factors such as market structure and risk should be considered in order to make meaningful comparisons.</p> 46 5 Pub_Type 1 46 6 Pub_Year 2017 46 7 Pub_OldID 0 46 8 22745 R02/17 Nina M. Iversen, Leif E. Hem, Alexander Jakubanecs, Eivind Farstad og Ove Langeland Delings- og formidlingsøkonomi: Muligheter og utfordringer /Files/Filer/Publications/SNF-R 02_17.pdf 2 2017 0 PubID 22745 47 0 Pub_TypeNumber R02/17 47 1 Pub_Writer Nina M. Iversen, Leif E. Hem, Alexander Jakubanecs, Eivind Farstad og Ove Langeland 47 2 Pub_Title Delings- og formidlingsøkonomi: Muligheter og utfordringer 47 3 Pub_Publication /Files/Filer/Publications/SNF-R 02_17.pdf 47 4 Pub_AbstractEn 47 5 Pub_Type 2 47 6 Pub_Year 2017 47 7 Pub_OldID 0 47 8 22744 R11/16 Endre Bjørndal and Mette Bjørndal Evaluation of the StoNED Method for Benchmarking and Regulation of Norwegian Electricity Distribution Companies /Files/Filer/Publications/R_1116.pdf <p>We evaluate the StoNED methodology for benchmarking and regulation of network companies, and we compare StoNED to the two-stage DEA method currently used by the Norwegian regulator. We find that the estimated values for the skewness parameter in the second stage of the StoNED procedure can be inconsistent with the assumed positive skewness for the inefficiency term. Setting the skewness parameter to an arbitrary value can have significant consequences for the efficiency levels. This effect is partly neutralized by the revenue calibration performed by the NVE, depending on how the calibration is implemented. Our comparison of results from StoNED and two-stage DEA show that the efficiency scores from the two methods are highly correlated, but that the levels can differ significantly. We also interpret the StoNED coefficient estimates and compare them to the corresponding (dual) DEA estimates. Finally, we illustrate the robustness of the efficiency estimates to noise in data, as exemplified by noisy pension costs.</p> <p>&nbsp;</p> 2 2016 0 PubID 22744 48 0 Pub_TypeNumber R11/16 48 1 Pub_Writer Endre Bjørndal and Mette Bjørndal 48 2 Pub_Title Evaluation of the StoNED Method for Benchmarking and Regulation of Norwegian Electricity Distribution Companies 48 3 Pub_Publication /Files/Filer/Publications/R_1116.pdf 48 4 Pub_AbstractEn <p>We evaluate the StoNED methodology for benchmarking and regulation of network companies, and we compare StoNED to the two-stage DEA method currently used by the Norwegian regulator. We find that the estimated values for the skewness parameter in the second stage of the StoNED procedure can be inconsistent with the assumed positive skewness for the inefficiency term. Setting the skewness parameter to an arbitrary value can have significant consequences for the efficiency levels. This effect is partly neutralized by the revenue calibration performed by the NVE, depending on how the calibration is implemented. Our comparison of results from StoNED and two-stage DEA show that the efficiency scores from the two methods are highly correlated, but that the levels can differ significantly. We also interpret the StoNED coefficient estimates and compare them to the corresponding (dual) DEA estimates. Finally, we illustrate the robustness of the efficiency estimates to noise in data, as exemplified by noisy pension costs.</p> <p>&nbsp;</p> 48 5 Pub_Type 2 48 6 Pub_Year 2016 48 7 Pub_OldID 0 48 8 22743 A07/17 Torstein Nesheim Tilknytningsformer for arbeid: Virksomhetsstudien /Files/Filer/Publications/A07_17.pdf 1 2017 0 PubID 22743 49 0 Pub_TypeNumber A07/17 49 1 Pub_Writer Torstein Nesheim 49 2 Pub_Title Tilknytningsformer for arbeid: Virksomhetsstudien 49 3 Pub_Publication /Files/Filer/Publications/A07_17.pdf 49 4 Pub_AbstractEn 49 5 Pub_Type 1 49 6 Pub_Year 2017 49 7 Pub_OldID 0 49 8