Norway The Gulf Stream has this effect only on the northern parts of Norway, not in the south, despite what is commonly believed. The northern coast of Norway would thus be ice-covered if not for the Gulf Stream. As a side-effect, the Scandinavian Mountains prevent continental winds from reaching the coastline, causing very cool summers throughout Atlantic Norway. Oslo has more of a continental climate, similar to Sweden's. The mountain ranges have subarctic and tundra climates. There is also very high rainfall in areas exposed to the Atlantic, such as Bergen. Oslo, in comparison, is dry, being in a rain shadow.
Organic composition of capital theory of the rising organic composition of capital. It is difficult to find industries where the "secular" historical trend is one of an increase in the share of wages in the total capital outlay. Generally, the opposite is the case. However, it has been argued that the value of physical capital is notoriously difficult to measure empirically in an accurate way; and statistical time-series for economic variables over long periods are also susceptible to errors and distortions. The owners of a business may not even know exactly what the physical assets they use are currently worth, or what their business