Inspiring better decisions through economics and finance
The landscape for equity trading in Europe has been going through a period of considerable change over the past few years since the introduction of the EU’s Markets in Financial instruments Regulation (MiFIR) and Second Directive (MiFID II) in 2018, and since the UK’s withdrawal from the EU. When considering… Read More
This report, prepared on behalf of Gatwick Airport Limited (GAL), presents an evaluation of Gatwick Airport’s value in the local economy. Following the impact of the COVID-19 pandemic on traffic in the UK and abroad, Oxera has been asked to update previous estimates of the economic value of Gatwick… Read More
Amazon commissioned Oxera to conduct a behavioural economics experiment to test the impact of regulatory interventions, such as the proposal for the EU Digital Markets Act (‘DMA’), on innovation in the EU. This experiment brings new evidence of the likely effect of these regulatory proposals. The results showed that… Read More
There are a substantial number of studies and investigations that highlight a wide range of theories of harm that may arise in the digital economy. However, significantly less attention has been given to the theories of benefit and value creation relating to online platforms. Having an in-depth understanding of how… Read More
Testing (and quarantine) has become a key part of international travel. Despite a significant vaccination programme in the UK and globally, and a reduction in COVID-19 deaths worldwide, the ability to screen international passengers and place controls on travel remains important in order to limit the spread of the virus. Read More
In summer 2020, the UK government established travel corridors between the UK and a small number of countries that posed a low COVID-19 risk. In early 2021, new policies were introduced for passengers entering the UK amid worries around variants of concern. At the same time, the UK started to… Read More
Over the last year, governments have taken the necessary measures to prevent the further spread of COVID-19 by placing significant constraints on international travel, including bans on entry by non-citizens, quarantine (at home or in hotels), and testing. The roll-out of vaccination programmes at scale will be key to facilitating… Read More
Following the Jersey States Assembly’s declaration of a Climate Emergency in May 2019, the Government of Jersey is aiming to achieve carbon neutrality (Net Zero). The Government has defined this as balancing emissions from on-island generated greenhouse gas emissions and from imported electricity against any activity that captures, absorbs or… Read More
This report is an extension of modelling that was conducted by Oxera and Edge Health in November 2020, which helped provide evidence that supported the test-to-release scheme that was subsequently implemented by the UK government in place of the mandatory 14-day quarantine requirement. At the time, the UK government was… Read More
Oxera has updated its 2018 study for the Rail Working Group that assessed the direct microeconomic benefits from the Luxembourg Rail Protocol. The Luxembourg Rail Protocol is a new global treaty that will make it much easier and cheaper to finance railway rolling stock. The 2018 study focused on… Read More
