Inspiring better decisions through economics and finance
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
Executive summary Her Majesty’s Treasury (HMT) has reviewed the Green Book,1 which was last updated in 2018, to assess whether any changes need to be made. This note provides a high-level summary of HMT’s findings from this review, as well as any changes that it caused. The most… Read More
The European Commission is planning a Digital Markets Act (DMA). Our research, commissioned by Amazon, has found that the Commission’s proposals—so far as they can be discerned from the consultation process—risk reducing innovation overall. In turn, this will lead to lower economic growth and harm European consumers. The proposed DMA… Read More
The world is seeing an exponential growth in consumer and industry data, triggered by rapid developments in digitalisation such as an increase in the use of Internet-of-Things and data-generating devices including smartphones and connected wearables. There is a growing desire amongst all sectors, including public transport, to understand the value… Read More
There is no one-size-fits-all approach to financing audio-visual (AV) content. Including AV within the scope of the EU’s 2018 Geoblocking Regulation—even with a requisite rights limitation—would erode the contractual freedoms that traders rely on to fund new content creation and distribution. In 2016, Oxera published a report jointly… Read More