At the time of writing this note, the health crisis caused by the COVID-19 pandemic has severely affected a number of EU Member States. In addition to the severe impact…
The decline in European public equity markets has sparked concern from policymakers about how to revive listings. Behind this overall declining trend, there is a notable variation between financial centres.…
We have now reached full capacity for the course. To register your interest for the next Utility Regulation and Finance course in October 2024, please click here. Over the course of more than 40 years, Oxera has developed and run training courses to help companies, regulators,… Read More
Health inequalities are unfair and avoidable differences in health across the population in England. They are to a large extent driven by individuals’ differences in socio-economic circumstances, such as levels of income, employment, education and exposure to crime and are measured by deprivation. High levels of deprivation can have wide-ranging… Read More
Last year, ACM commissioned Oxera to conduct a study on dynamic efficiency for Dutch transmission system operators (TSOs). The objective of the study was to advise on the scope of productivity improvement that an efficient TSO could achieve over a regulatory period due to technological improvement (also referred to as ‘frontier shift’) or cheaper inputs. In particular, the aim of the analysis was to produce productivity growth estimates using Total Factor Productivity (TFP) and Output Price Index (OPI) measures, to be applied over the regulatory period starting in 2017 for TenneT (the electricity transmission operator) and Gasunie Transport Services (GTS) (the gas transmission operator). Read More
