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.…
Registration for this course has now closed. To be added to the waiting list for the next course, please email: [email protected]. For more than 20 years, our training course has helped participants gain the confidence to judge and rely on economic arguments and evidence put forward… Read More
In the context of the European Commission’s ‘Fitness Check’ review of the EU aviation market legislative framework, ACI EUROPE commissioned Oxera to examine the key drivers of airfares in Europe to understand the extent to which consumer outcomes are being affected by the current Regulations and the potential implications… 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
