Depiction of Sectors


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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…
11 minute read
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.…

The economic cost of health inequalities in England

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

Image depicting The economic cost of health inequalities in England

A robust approach to determining the dynamic efficiency parameter for Dutch gas and electricity TSOs

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

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