Tag Archives: other international

Review of International Best Practice in the Production of Productivity Statistics – February 2018

Sector:
Client:Office for National Statistics (ONS)
Published:7 February, 2018
Document type:Report

London Economics and DIW Econ were commissioned by the Office for National Statistics (ONS) to examine the productivity measures that are published by other national and international statistical organisations (NISOs) around the world and includes information on the range, timeliness, detail and frequency of the productivity data they produce. The report summarises the productivity publications […]

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The Danish Space Economy 2016 – June 2016

Sector:Space.
Client:Danish Agency for Science and Innovation
Published:23 June, 2016
Document type:Report

The Danish Government commissioned London Economics and Rambøll Management Consulting to support their work to develop Denmark’s first National Space Strategy. This report was the outcome of this work. It helped bridge the gap in the government’s understanding of the downstream space sector and provided the working group on the Government’s Space Strategy the supporting […]

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Return from Public Space Investments: An Initial Analysis of Evidence – November 2015

Sector:Space.
Client:UK Space Agency
Published:12 November, 2015
Document type:Report

To support the ongoing development of an evidence-based framework for evaluation and appraisal of their funding and activities, the UK Space Agency commissioned London Economics to conduct an assessment of the evidence on the returns to public investments in the space sector. This report presents the findings of this exercise. Note: Some confidential information obtained […]

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Google Lunar XPRIZE Market Study 2014: Media Summary – August 2015

Sector:Space.
Client:XPRIZE Foundation
Published: August, 2015
Document type:Report

This follow‐on study completed by London Economics on behalf of the XPRIZE Foundation builds on the insights developed through the Google Lunar XPRIZE Market Study 2013, digging deeper into the consolidated quantitative market demand and opportunity valuations, providing an updated, improved and more in‐depth analysis of the market opportunities addressable by teams competing in the […]

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Finance and Commercial ‘NewSpace’ Opportunities: A Potential Role for London in Bridging the Gap – November 2014

Sector:Space.
Client:N/A
Published:21 November, 2014
Document type:Presentation

Reinventing Space is an annual conference that has been taking place since 2001, dedicated to the responsive space sector. The British Interplanetary Society (BIS) organised this year’s conference in The Royal Society, London – the 12th edition and the first time that Reinventing Space has been held outside of the United States. The theme of […]

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Direct and Indirect Regulatory Costs Faced by UK Insurance Brokers – May 2014

Sector:
Client:British Insurance Brokers’ Association
Published: May, 2014
Document type:Report

The study for the British Insurance Brokers’ Association (BIBA) quantifies direct regulatory costs faced by insurance brokers in 23 different jurisdictions and shows that such costs are the highest the UK and that regulatory fees and levies in the UK are more than five times those in New York, Japan, France and Germany. The research […]

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An International Comparison of Apprentice Pay

Sector:Education and Labour Markets.
Client:Low Pay Commission
Published:13 March, 2014
Document type:Report

London Economics were commissioned by the Low Pay Commission to undertake an investigation of the level of apprenticeship pay across fourteen countries. Covering a range of countries with different educational and apprenticeship systems, the main focus of the analysis relates to the assessment of apprentice pay (adjusted for price differences across countries) as a proportion […]

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Google Lunar XPRIZE Market Study 2013: Media Summary

Sector:Space.
Client:XPRIZE Foundation
Published: October, 2013
Document type:Report

A recent Market Study completed by London Economics on behalf of the XPRIZE Foundation estimates the value of the overall commercial market opportunities addressable by Google Lunar XPRIZE teams to be between US$1.1-2.7 billion in the 10 years directly following the competition (and US$ 3.1-9.7 billion over the 25 year longer term) in a newly […]

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European Planetary Science Congress (EPSC) – Press Release: Preliminary Findings of Google Lunar XPRIZE Market Study 2013

Sector:Space.
Client:XPRIZE Foundation
Published: September, 2013
Document type:

Greg Sadlier, an Associate Director at London Economics has just completed a study the value of commercial market opportunities that could be served by teams competing in the Google Lunar XPRIZE.

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Space Economy: Indicators and Economic Studies

Sector:Space.
Client:N/A
Published: March, 2013
Document type:Presentation

Presentation (on invitation) to the International Astronautical Federation (IAF) Space Economy Technical Committee, held in Paris on 19th March 2013. The requested focus of the presentation is on the methodology and indicators employed in selected examples of our research in the field of the Space economics, March 19, 2013.

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The Value of Personal Information – Evidence from Empirical Economic Studies

Sector:Competition, Regulation and Business.
Client:N/A
Published: November, 2012
Document type:Staff publication

EC data protection policy is promoted with reference to economic benefits. However, the value of personal information in legitimate business models is rarely discussed. Various economic studies have tried to measure individuals’ valuation of different kinds of personal data. We review empirical papers from the last 10 years and find evidence that more disclosure is […]

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Analysis of Developments in the Fields of Direct Investment and M&A – 2012 Report Part I: Recent Developments

Sector:Finance.
Client:EC DG Internal Market and Services
Published: November, 2012
Document type:Report

The study examines recent trends in FDI and capital movements. Overall, the recovery in world-wide FDI witnessed in 2010 continued in 2011, after the sharp decline in the period 2007-09. In 2011, the level of worldwide inward FDI reached €1.1 trillion, increasing by 10.9% from its level in 2010. However, the 2011 level is still […]

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Analysis of Developments in the Fields of Direct Investment and M&A – 2012 Report Part II: The EU, the BRICs and Other Emerging Economies

Sector:Finance.
Client:EC DG Internal Market and Services
Published: November, 2012
Document type:Report

The study looks more closely into the evolution of FDI between the EU and the BRICs, considering where the EU’s position and prospects are, both as origin and as destination for BRIC FDI. Global investment trends show that over the past 15 years the BRICs, as well as other emerging economies, have become increasingly important […]

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Analysis of Developments in the Fields of Direct Investment and M&A (mergers and Acquisitions) – Part II

Sector:Finance.
Client:EC DG Internal Market and Services
Published: November, 2011
Document type:Report

This report consists of three papers providing analyses of topics relevant to foreign direct investment: bilateral investment treaties, a financial transactions tax and investment screening mechanisms. Bilateral investment treaties An empirical analysis of the influence bilateral investment treaties (BITs) on the pattern of FDI flows in the EU was carried out. A gravity model of […]

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Merger Control: Defending a Problematic Merger

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: June, 2011
Document type:Presentation | Staff publication

Conference on Competition Law in Transition: Trends and Challenges, 15—17 June 2011, Dubrovnik.

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Consumer Behavioural Biases in Competition

Sector:Competition, Regulation and Business.
Client:N/A
Published: May, 2011
Document type:Presentation

Office of Fair Trading, May 4, 2011.

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Consumer Behavioural Biases in Competition

Sector:Behavioural Economics.
Client:N/A
Published: May, 2011
Document type:Report

Consumer behavioural biases imply that consumers may not behave in the fully rational way that many economic models assume. This study assesses what impact behavioural biases can have on competition, including, how competition and pricing practices may change when consumers are biased; if lowering barriers to entry can reduce inefficiencies that arise from consumer behavioural […]

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Reform in the Australian Urban Water Sector: the Productivity Commission Inquiry

Sector:Competition, Regulation and Business.
Client:LE Economic Brief
Published: April, 2011
Document type:LE publication (working papers and economic briefs)

This Economic Brief by London Economics, reviews the interim report of the Australian Productivity Commission inquiry into the urban water sector in Australia and compares their propoals for water reform with the reform proposals being debated in the UK.

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Review of Student Support Arrangements in Other Countries

Sector:Education and Labour Markets.
Client:N/A
Published: September, 2010
Document type:Report

London Economics were commissioned by the Department for Business Innovation and Skills to undertake a detailed information gathering exercise and analysis ahead of the Browner Review of higher education fees and funding Review. The analysis involved the collection of detailed information on the structure of student support arrangements for full and part time students in […]

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Study on the Economic Benefits of Privacy-enhancing Technologies (PETs)

Sector:Competition, Regulation and Business.
Client:EC DG Freedom, Security and Justice
Published: July, 2010
Document type:Report

This report for the European Commission’s DG Freedom, Security and Justice investigates the economic benefits of privacy-enhancing technologies (PETs) for data controllers, with a particular focus on SMEs. Based on consultations with data protection authorities in 12 Member States, as well as on a large-scale survey of businesses and a number of case studies detailing […]

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Economic Feasibility of Coupling Offshore with Large-scale Storage Hydro in Ireland – A Preliminary Investigation

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: April, 2010
Document type:Presentation

Economics of Ocean and Marine Energy Symposium, UCC, HMRC, April 21, 2010.

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Stability, Competition and Crisis – What Are the Implications for Switching?

Sector:Finance.
Client:N/A
Published: March, 2010
Document type:Presentation

CECI Seminar on Switching in Banking, Budapest, March 8-9, 2010.

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Estimating the Impact of Access Conditions on Service Quality in Post

Sector:Competition, Regulation and Business.
Client:LE Working Paper
Published: 2010
Document type:LE publication (working papers and economic briefs)

In this Working Paper, London Economics uses data on the speed of delivery for international letter post to estimate the impact of access conditions on quality in the postal sector.

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An Economic Study on Patent Backlogs and a System of Mutual Recognition

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: January, 2010
Document type:Presentation

IPO conference, London, March 10, 2010.

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Why PETs? Stakeholder Views and Economic Considerations

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: November, 2009
Document type:Presentation

European Commission, Brussels, November 12, 2009

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The Evolution of the High-volume Retail Sector in Europe over the Past 5 Years

Sector:Public Policy.
Client:Consultative Commission on Industrial Change
Published: July, 2009
Document type:

This study aims to provide a complete and detailed insight of the evolution of high-volume retailers (HVR) in the food and clothing sectors in different EU Member States. The main conclusions from the analysis are the following. The number of HVR (firms with more than 5% market share) in the food sector is around 5 […]

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The Use of Needs Based Formulae in the Allocation of Public Resources

Sector:Public Policy.
Client:Independent Commission on Funding and Finance for Wales
Published: July, 2009
Document type:Report

This report for the Independent Commission on Funding and Finance for Wales (the ‘Holtham Commission’) reviews the international literature on the use of needs based formulae for allocating public funds. The report provides a discussion of some of the key issues that are associated with constructing and using needs based distribution formulae and provides an […]

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An Exploratory Study into the Effect of a Change in Business Ownership on Employment and Wages

Sector:Finance.
Client:N/A
Published: June, 2009
Document type:Report

The main aim of this exploratory study is to draw together economic evidence relating to the effect of a change in business ownership upon a range of firm outcomes; with particular focus on employment and wage impacts. The study presents data on changes in business ownership for Wales in comparison to nine other European regions […]

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The Theory and Practice of Setting the X-factor in Postal Pricing

Sector:Competition, Regulation and Business.
Client:LE Working Paper
Published: 2009
Document type:LE publication (working papers and economic briefs)

This London Economics Working Paper reviews the theory and practice of setting the X-factor in postal price regulation.

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The Effectiveness of Competition Policy and the Price-Cost Margin: New Econometric Evidence

Sector:Competition, Regulation and Business.
Client:LE Working Paper
Published: December, 2008
Document type:LE publication (working papers and economic briefs)

This paper presents new econometric evidence suggesting that effective competition policy serves to curtail the exercise of market power – countries in which competition policy is judged to be more effective are characterised by lower market price-cost margins, controlling for other factors believed to influence the price-cost margin.

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Economic Impacts of Large Scale Infrastructure Investments – Review of International Evidence

Sector:Public Policy.
Client:N/A
Published: November, 2008
Document type:Report

This study reviews the international literature on the economic impacts of large scale investments in both physical and intellectual infrastructure. Evidence across a range of sectors is examined, including transport, ICT, education and renewable energy.

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IBPT Decision on the Approach to the Regulation of Price Squeeze in Telecommunications Markets

Sector:Competition, Regulation and Business.
Client:Institut Belge de Poste et Telecommunications
Published: July, 2007
Document type:Report

London Economics assisted the Institut Belge de Poste et Telecommunications with the development of IBPT’s guidelines on its approach to the regulation of price squeeze in telecommunications markets. LE, working with legal advisors McDermott Will & Emery/Stanbrook LLP, advised on regulatory practices in other countries, on the appropriate structure of the test and on the […]

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Structure and Performance of Six European Wholesale Electricity Markets in 2003, 2004, and 2005

Sector:Competition, Regulation and Business.
Client:EC DG Competition
Published: February, 2007
Document type:Report

The report provides an in-depth assessment of the electricity wholesale markets in Belgium, Germany, Spain, France, the Netherlands and Great Britain with a view to determining how competitive markets were in 2003, 2004 and 2005. The report provides summary key results for traditional market structural indicators, electricity-specific measures of market structure and market outcome measures. […]

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International Case Studies of the Commercial Use of Public Information

Sector:Competition, Regulation and Business.
Client:Office of Fair Trading
Published: December, 2006
Document type:Report

This report, undertaken for the OFT as part of its market study into the commercial use of public information, provides background information on the general public sector information policy of Australia, Sweden and the United States and examines in detail the policies and practices of three different Public Sector Information Holders (PSIH) in each country, […]

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An Empirical Examination of the Theory and Practice of How to Set X

Sector:Competition, Regulation and Business.
Client:LE Working Paper
Published: June, 2004
Document type:LE publication (working papers and economic briefs)

This Working Paper examines the setting of the X-factor in price cap regulation. We show the US-style productivity-offset  X relies on assumptions that are unlikely to hold empirically. We propose a more direct X, where X equals the forecast of TFP growth less the difference between industry input and consumer price growth.

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A Production Model of Service Quality at An Post

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: 2003
Document type:

“A Production Model of Service Quality at An Post”. Paper presented at the 11th Conference on Postal and Delivery Economics. Toledo, Spain. June 4-7, 2003.

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OLS and Instrumental Variable Price Elasticity Estimates for Water in Mixed-Effect Models Under a Multipart Tariff Structure

Sector:Competition, Regulation and Business.
Client:LE Working Paper
Published: April, 2002
Document type:LE publication (working papers and economic briefs)

A mixed-effects residential demand model for potable water is developed using a longitudinal data set constructed for the analysis. The data set comprises of 1,065 households from the Sydney Metropolitan and Wollongong areas, covering sixteen quarters from 1990 to 1994. The purpose of developing the demand model is to use it as a base model […]

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Key Regulatory Concerns in Latin American Energy, Telecoms and Water Sectors

Sector:Competition, Regulation and Business.
Client:N/A
Published: 2000
Document type:Staff publication

Utility Regulation in Latin America, Privatisation International, Utility Regulation 2000 Series, Volume 2, 2000. Giacchino, L., Herrera, C., Jones, S., Maggs, P., Ros, A. and Sepetys, K.

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