Economics Research International / 2015 / Article / Tab 7

Research Article

Econometric Modelling of the Variations of Norway’s Export Trade across Continents and over Time: The Two-Stage Non-Full Rank Hierarchical Linear Econometric Model Approach

Table 7

Structural change analysis.

Items of export Continents as a source of variationsEstimates of the mean revenue of export
(in 100 million NOK)
SSDF-cal. value

Export since 1993, (40,760) = 120.02, value = 0.0000, MSE = 153258.57
Exports excluding ships and oil platformsEurope4,555.568415063996.0512708.260
Export of crude oilEurope1,850.75068505474.241446.993
Mainland exportsEurope1,755.90761664152.731402.354
Exports of natural gasEurope908.18016495818.251107.634
Exports excluding ships and oil platformsNorth and Central America537.2075771816.47137.661
Exports excluding ships and oil platformsAsia and Oceania341.2932329611.41115.201
Mainland exportsAsia and Oceania310.3691926578.32112.571
Export of crude oilNorth and Central America282.8721600325.71110.442
Mainland exportsNorth and Central America234.1151096196.6717.153

Export since 1998, (40,560) = 93.74, value = 0.0000, MSE = 122481.48
Exports excluding ships and oil platformsEurope5,334.83242690648713485.478
Export of crude oilEurope2,163.41070205142.421573.190
Mainland exportsEurope1,968.00758095871.681474.324
Exports of natural gasEurope1,149.10419806600.041161.711
Exports excluding ships and oil platformsNorth and Central America618.5925739840.937146.863
Exports excluding ships and oil platformsAsia and Oceania401.9552423521.35119.787
Mainland exportsAsia and Oceania365.5912004855.345116.369
Export of crude oilNorth and Central America318.6891523436.994112.438
Mainland exportsNorth and Central America272.9431117470.94819.124

Export since 2003, (40,360) = 194.56, value = 0.0000, MSE = 69362.00
Exports excluding ships and oil platformsEurope6,286.029395141605.8915696.819
Export of crude oilEurope2,525.00663756553.001919.188
Mainland exportsEurope2,187.517478523061689.894
Exports of natural gasEurope1,502.671225802011325.542
Exports excluding ships and oil platformsNorth and Central America649.4284217567160.805
Exports excluding ships and oil platformsAsia and Oceania473.7162244068132.353
Mainland exportsAsia and Oceania439.5421931972127.853
Mainland exportsNorth and Central America311.067967626.8113.950
Export of crude oilNorth and Central America302.299913846.9113.175

Export since 2008, (40,160) = 284.74 value = 0.0000, MSE = 30759.70
Exports excluding ships and oil platformsEurope7,182.530257943686.0018385.767
Export of crude oilEurope2,768.79838331211.8211246.15
Mainland exportsEurope2,384.11828420093.191923.9392
Exports of natural gasEurope1,963.52019277053.951626.6984
Exports excluding ships and oil platformsAsia and Oceania614.1261885754.71161.30598
Exports excluding ships and oil platformsNorth and Central America605.7101834423.02159.63722
Mainland exportsAsia and Oceania572.4461638472.12153.26684
Mainland exportsNorth and Central America350.012612542.00119.91378
Export of crude oilNorth and Central America229.836264122.9318.586655

See Table 3 for abbreviations in Table 5.

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