Tag Archives: EC/EEA

Study on Consumers’ Decision-making in Insurance Services: A Behavioural Economics Perspective – November 2017

Sector:Behavioural.
Client:EC DG Justice and Consumers
Published: 7 November, 2017
Document type:Report

This study focused on consumers’ decision-making in the non-life insurance market when purchasing domestically and cross-border. It tested ways to help consumers make better decisions using a behavioural experiment, collected complementary data on the supply side of the market, and examined potential savings consumers could make.

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Analysis of the Potential Economic Impact of GDPR – October 2017

Sector:
Client:N/A
Published: 30 October, 2017
Document type:Report

This study examines the potential economic impact of the General Data Protection Regulation (GDPR) in relation to the ambiguities created by the Information Commissioner’s Office (ICO) guidance on consent. Two elements of the guidance are analysed in detail: the prohibition of any form of opt-out consent and the requirement to name all third-parties that will […]

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GNSS Market Report Issue 5

Sector:Aerospace.
Client:European GNSS Agency
Published: May, 2017
Document type:Report

The GNSS market report is a comprehensive source of knowledge and information on the dynamic, global GNSS market. The report is published every two years, with the latest edition released in 2017. The report provides comprehensive, in-depth analysis of global trends, and the latest developments in terms of shipments, revenues and the installed base of […]

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Facilitating Cross Border Data Flow in the Digital Single Market – January 2017

Sector:Public Policy.
Client:EC DG Connect
Published: 10 January, 2017
Document type:Report

Unnecessary requirements to maintain control over the location where data and documents physically reside are an obstacle to the free flow of data within the Single Market. LE investigated the restrictions to the free flow of data across borders within the European Union, concentrating on 8 member states. The study found that legal restrictions of […]

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Consumer Vulnerability Across Key Markets in the EU: Animated Infographic – November 2016

Sector:
Client:EC DG Justice and Consumers
Published: 21 November, 2016
Document type:Presentation

Following the publication of London Economics’ study into consumer vulnerability across the EU for DG Justice and Consumers, the European Commission has released an animated infographic which presents the key findings of the study, including the varying impact of vulnerability drivers across key markets.

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Impact of the Capital Requirements Regulation (CRR) on the Access to Finance for Business and Long-term Investments – November 2016

Sector:
Client:EC DG for Financial Stability, Financial Services and Capital Markets Union (FISMA)
Published: 23 November, 2016
Document type:Report

The Capital Requirements Regulation (CRR) considerably strengthens the quantity and quality of the minimum capital that banks in Europe are required to hold. This study assesses whether increased minimum capital requirements, through observed changes in banks’ regulatory capital ratios, impact bank lending using data on a broad sample of banks in Europe, including for the […]

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Annual Report on European SMEs 2015/16 – November 2016

Sector:Public Policy.
Client:EC DG Growth
Published: 24 November, 2016
Document type:Report

The 2015/16 SME Annual Report prepared by London Economics as part of the 2016 SME Performance Review (undertaken by a consortium comprising Carsa, DIW, DIW econ, Innova, London Economics and PwC) shows that in 2015 in the EU28 SMEs as a group have experienced growth in value added, employment and the number of enterprises. In […]

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Insolvencies and SMEs: the Role of Second Chance, Special Study, SME PERFORMANCE REVIEW 2015/16 – November 2016

Sector:Public Policy.
Client:EC DG Growth
Published: 24 November, 2016
Document type:Report

This companion study to the 2015/15 Annual Report on SMEs provides 1) a literature review of recent studies focusing on the determinants and impacts of SME bankruptcies and the economic impact of various characteristics of a bankruptcy regime; 2) a number of case studies on the issues faced by entrepreneurs when they went bankrupt or […]

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IPID Consumer Testing and Design Work – August 2016

Sector:
Client:European Insurance and Occupational Pensions Authority (EIOPA)
Published: 01 August, 2016
Document type:Report

EIOPA commissioned a consortium consisting of LE Europe, Ipsos MORI and Academy Design Partners to undertake consumer testing on the design of a standardised presentation format of an Insurance Product Information Document (IPID). The findings of the consumer testing, as presented in this report, were intended to assist EIOPA to reach a view on the […]

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Analysis and Effects of the Different Member States’ Customs Sanctioning Systems – February 2016

Sector:Public Policy.
Client:European Parliament
Published: 17 February, 2016
Document type:Report

The Study provides an analysis of the effects of the present divergence of the customs sanctioning systems of the Member States of the EU, as well as of the proposal of the European Commission for a Directive to harmonise the customs infringements and sanctions. A number of conclusions and recommendations on the preferred model for […]

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Understanding Consumer Vulnerability in the EU’s Key Markets – February 2016

Sector:
Client:European Commission
Published: 23 February, 2016
Document type:Report

This study for the European Commission provides a new definition of vulnerable consumers, a new methodology for measuring consumer vulnerability and new insights into the actual patterns of consumer vulnerability. The large scale study employed stakeholder consultations, consumer surveys, focus groups and behavioural experiments across the EU28 plus Iceland and Norway.

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The Economic and Societal Benefits Deriving from the Presence of Hyundai in Europe – January 2016

Sector:Public Policy.
Client:Hyundai Motor Company
Published: 13 January, 2016
Document type:Report

LE’s new report on the economic and societal impact of the presence of Hyundai in Europe underlines the increased number of jobs attributed to the carmaker’s European operations. Including those employed directly at Hyundai facilities or indirectly in the supply chain, sales and distribution, some 155,000 people owe their jobs to Hyundai Motor, compared to […]

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The Economic and Societal Benefits Deriving from the Presence of Kia in Europe – January 2016

Sector:Public Policy.
Client:Hyundai Motor Company
Published: 13 January, 2016
Document type:Report

LE’s new report on the economic and societal impact of the presence of Kia in Europe finds that over 153,000 people owe their jobs to Kia’s business operations across the continent. Including customs duties, sales and corporation taxes, the report highlights Kia’s contribution of €934 million in taxes paid to governments across Europe during 2014, […]

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The Economic and Societal Benefits Deriving from the Presence of Hyundai and Kia in Europe – January 2016

Sector:Public Policy.
Client:Hyundai Motor Company
Published: 13 January, 2016
Document type:Report

The report finds that over 308,000 people owe their jobs to the Hyundai and Kia business operations across the continent. The workforce employed directly by Hyundai and Kia and supported by their operations in the upstream and downstream markets consists of 78,000 individuals. In addition, 230,000 European workers are employed due to demand induced by […]

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FCA Symposium: Competition Analysis with Realistic Behaviour – December 2015

Sector:Finance.
Client:Financial Conduct Authority
Published: December, 2015
Document type:

LE’s Charlotte Duke participated in the FCA symposium: competition analysis with realistic behaviour. This forum brought together senior thinkers, researchers and policy makers to discuss the promotion of competition in financial services. During the day, delegates focussed on the research being done on Behavioural Industrial Organisation (BIO).

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

Sector:Aerospace.
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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Consumer Testing Study of the Possible New Format and Content for Retail Disclosures of Packaged Retail and Insurance-based Investment Products – November 2015

Sector:Finance.
Client:EC DG Internal Market and Services
Published: 13 November, 2015
Document type:Report

The European Commission commissioned London Economics and Ipsos to undertake consumer testing of various ways of presenting information relating to Packaged Retail and Insurance‐based Investment Products (PRIIPs). The motivation for the study was to assess which particular format of Key Information Documents would best help consumers compare and select products for their investment needs. The […]

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AmCham EU Agenda for Action Scorecard 2015 – November 2015

Sector:Public Policy.
Client:American Chamber of Commerce to the EU (AmCham EU)
Published: 17 November, 2015
Document type:

LE updated the KPIs for the AmCham EU ‘Agenda for Action Scorecard 2015’. The scorecard uses Agenda for Action’s five key policy action areas (skills, single market, industrial leadership, entrepreneurship & internationalisation) to measure Europe’s performance over time. The performance of each action area is measured by five indicators, both quantitative and qualitative. For each […]

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2015 SME Annual Report – November 2015

Sector:Public Policy.
Client:EC DG Growth
Published: 17 November, 2015
Document type:Report

The 2015 SME Annual Report prepared by London Economics as part of the 2015 SME Performance Review (undertaken by a consortium comprising Carsa, DIW, DIW econ, Innova, London Economics and PwC) shows that in 2014 in the EU28 SMEs as a group have increased their employment for the first time since the onset of the […]

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Smart Single Market Regulation – September 2015

Sector:Public Policy.
Client:European Parliament
Published: 29 September, 2015
Document type:Report

This study proposes a consolidated governance system that would serve as a tool for smart Single Market regulation toward 2020 and beyond. It outlines areas for improvement in Single Market regulation through the adoption of performance-based policy concepts; and reviews the scope for making better use of the Single Market governance tools to improve the […]

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Using Behavioural Economics: Practical Examples – Behavioural Economics and Psychological Choices – August 2015

Sector:
Client:Copenhagen Summer School
Published: August, 2015
Document type:Presentation

Presented at a practitioners’ summer workshop this presentation explores how behavioural economics is being used in policy-making and understanding of consumer behaviour in markets. Explains what behavioural experiments are and provides examples of how behavioural studies conducted by London Economics have been used to inform policy making. The presentation then provides guidance on what to […]

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Assessing the Impact of the Capital Requirements Regulation (CRR) on the Access to Finance for Business and Long-term Investments – June 2015

Sector:
Client:EC DG for Financial Stability, Financial Services and Capital Markets Union (FISMA)
Published: June, 2015
Document type:Note

LE Europe has been appointed by the European Commission to assess the impact of the Capital Requirements Regulation (CRR) on the access to finance for business and long-term investments, including infrastructure projects. On the impact of the CRR on infrastructure financing particularly, Graham Bishop, a consultant on EU financial matters, will advise on the importance […]

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GSA GNSS Market Report 2015 (Issue 4) – March 2015

Sector:Aerospace.
Client:The European GNSS Agency (GSA)
Published: 25 March, 2015
Document type:Report

The European GNSS Agency (GSA) has published the fourth Global Satellite Navigation System (GNSS) Market Report. This fourth issue of the GSA’s annual report on the global GNSS market is based on an advanced forecasting model (the Market Monitoring and Forecasting Tool) developed and implemented by London Economics, in collaboration with our partners (Helios, VVA, […]

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Study on the Coverage, Functioning and Consumer Use of Comparison Tools and Third-party Verification Schemes for Such Tools – March 2015

Sector:Behavioural.
Client:European Commission – Executive Agency for Health and Consumers (EAHC)
Published: March, 2015
Document type:Report

The European Commission has published the study on consumers’ use of comparison tools. As part of the study London Economics completed a behavioural experiment in 15 EU countries that investigated consumer understanding and use comparison tools. The study forms part of the evidence base used by the Commission to develop, together with stakeholders, a series […]

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Impact of Information on Patients’ Choice Within the Context of the Directive 2011/24/EU of the EP and of the Council on the Application of Patients’ Rights in Cross-border Healthcare – January 2015

Sector:Behavioural.
Client:European Commission – Consumers Health and Food Executive Agency (CHAFEA)
Published: 06 January, 2015
Document type:Report

This study for the European Commission investigates the impact of information on peoples’ choice to seek healthcare in an EU Member State other than their home country. It is a pan-European study including a survey and behavioural experiment. The findings inform the implementation of the EU Directive on cross-border patient rights.

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Study on the Impact of the Energy Label – and Potential Changes to It – on Consumer Understanding and on Purchase Decisions – January 2015

Sector:Behavioural.
Client:EC DG Energy
Published: 23 January, 2015
Document type:Report

This behavioural economics study for the European Commission investigates the impact of potential changes to the EU energy label on consumer understanding and purchasing decisions. The pan-European study uses an online and field experiment combined with a consumer survey and focus groups to provide insights on the performance of alternative label designs.

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The Importance of Wholesale Financial Services to the EU Economy 2014 – November 2014

Sector:Finance.
Client:City of London Corporation
Published: 28 November, 2014
Document type:Report

The Importance of Wholesale Financial Services to the EU Economy 2014 provides data at an EU level on the wholesale financial sector from 2001 to 2013. For the purpose of this analysis, the wholesale financial sector refers to the provision of financial and insurance services to corporate clients, investors, institutions and public sector bodies, as […]

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A Partial and Fragile Recovery – Annual Report on European SMEs 2013/14 – October 2014

Sector:Public Policy.
Client:EC DG Enterprise and Industry
Published: 06 October, 2014
Document type:Report

The 2014 report provides an overview of the size, structure and importance of SMEs to the European economy and their contribution to growth and jobs. Comparisons with important partner countries outside the EU and with the large enterprise sector are also included. The pace of recovery of SMEs has slowed in the last three years. […]

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Consumer Protection Aspects of Financial Services – October 2014

Sector:
Client:European Parliament
Published: 07 October, 2014
Document type:Presentation

The presentation provides a high level summary of the key findings, conclusions and recommendations of the study published by the European Parliament in February 2014.

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The Handbook of Competition Economics 2015 – Czech Republic – October 2014

Sector:
Client:N/A
Published: October, 2014
Document type:Staff publication

The article reviews 2013-14 developments in the competition area in the Czech Republic.

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Ticket Retailing Code of Practice – What Information is Relevant – September 2014

Sector:Behavioural.
Client:Office of Rail Regulation
Published: 26 September, 2014
Document type:Report

This study for the Office of Rail Regulation sets out to examine what information is important to passengers when choosing and buying rail tickets, what information passengers need in order to make informed decisions when selecting tickets, and how and when this information should be provided. The research is based on an online survey and […]

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Study on the Impact of the EU Energy Label – and Potential Changes to It – on Consumer Understanding and Purchase Decisions – August 2014

Sector:Public Policy.
Client:EC DG Energy
Published: 19 August, 2014
Document type:Report

As part of the review of the EU Directive on Energy Labels, the European Commission engaged London Economics to undertake a behavioural study on consumer understanding and purchasing decisions, of the current EU energy label and potential changes to it. Interim findings were presented to the 3rd Stakeholder meeting on the Evaluation of the Energy […]

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Behavioural Economics in Retail Financial Services: Training Workshop, 30th September 2014, Central London

Sector:Public Policy.
Client:N/A
Published: 19 August, 2014
Document type:

The London Economics’ Behavioural and Financial Services teams will provide a training workshop on the application of behavioural economics to retail finance. The course will address: The underlying principles of behavioural economics; Regulators’ understanding and use of behavioural economics; How behavioural economics is applied in retail financial services ; and, how to design, apply and […]

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Using Behavioural Economics: Practical Examples – August 2014

Sector:Behavioural.
Client:N/A
Published: 27 August, 2014
Document type:Presentation

A presentation to practitioners at the Copenhagen Summer University. Explores how behavioural insights are being used by policy makers. Examples of behavioural studies used by regulators, and discusses the issues to consider when commissioning and designing experiments. The presentation also provides suggested papers illustrating the use of behavioural approaches and additional applied examples.

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Study on the Functioning of the Consumer Credit Market in the EU

Sector:
Client:EC DG Health and Consumers
Published: 12 June, 2014
Document type:Report

Presentation to Eurofinas, Brussels, June 12th, 2014.

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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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Study on the Functioning of the Consumer Credit Markets in the European Union – May 2014

Sector:
Client:EC DG Health and Consumers
Published: 20 May, 2014
Document type:Report

The study assesses the degree to which Consumer Credit Directive (CCD) fulfilled its principal objectives, namely: a) fostering an internal credit market in the EU, with a positive impact, in particular on cross­border competition; and, b) providing a high level of protection of consumers regarding consumer credits. The study focuses on the impact of the […]

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General Insurance Add-ons: Experimental Consumer Research Report

Sector:
Client:Financial Conduct Authority
Published: 13 March, 2014
Document type:Report

Behavioural experiment by London Economics which formed part of the FCA’s Add-on Insurance Market Study. The experiment with 1,500 UK residents tested for common patterns of consumer behaviour that arise due to add-on insurance mechanisms and assessed how insurance add-ons may lead to poor outcomes for consumers in these markets.

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An International Comparison of Apprentice Pay

Sector:Education.
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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Financial Conduct Authority Practical Use of Behavioural Experiments in Financial Regulation – March 2014

Sector:Public Policy.
Client:Financial Conduct Authority
Published: 25 March, 2014
Document type:

The Financial Conduct Authority finds that behavioural experiments have an important role to play in financial regulation, and often provide insights into the ways markets work that may not be possible otherwise. Download the paper on the practical application of behavioural experiments in financial regulation jointly authored by London Economics and the FCA.

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Consumer Protection Aspects of Financial Services

Sector:
Client:European Parliament
Published: 10 February, 2014
Document type:Report

The financial crisis of 2007/2008 has clearly shown that inadequate consumer protection, especially in the US mortgage market, was a major contributor to financial instability. Moreover, many holders of sub-prime mortgages suffered considerable harm as a result of mis-selling or inappropriate selling. However, the USA is not the only country where weak consumer protection resulted […]

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Using Behavioural Experiments to Identify Consumer Problems in Markets: Partitioned Pricing Practices

Sector:Behavioural.
Client:Office of Fair Trading
Published: January, 2014
Document type:Presentation

This presentation at the OFT’s Economic Seminar series, considers how behavioural experiments can be used to identify problems consumers can have in markets and details an experiment completed for the OFT on partitioned pricing, the practice of splitting prices into parts. The study identifies that these pricing practices can reduce consumer welfare and lead to […]

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Voluntary Food Labelling Schemes Study

Sector:Behavioural.
Client:EC DG SANCO
Published: January, 2014
Document type:Report

This market study for the European Commission included a pan-European behavioural experiment to test consumer willingness to pay for products associated with voluntary food labelling schemes. The study also included a web sweep of voluntary food labelling scheme in Europe, a consumer survey and assessment of schemes performance with the requirements of the 2010 Commission […]

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The Economic and Societal Benefits Deriving from the Presence of Hyundai and Kia in Europe (update)

Sector:Competition, Regulation and Business.
Client:Hyundai Motor Company
Published: December, 2013
Document type:Report

London Economics published updated figures on the contribution of Hyundai and Kia to the European economy. The key findings are: Almost 317,000 people owe their jobs to the presence of Hyundai and Kia in the European Union Hyundai and Kia contributed €2.1 billion in taxes and duties to European governments in 2012 The majority of […]

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Analysis of Developments in the Fields of Direct Investment and M&A — Part I 2013 Developments in World-wide and EU Capital Flows

Sector:
Client:EC DG Internal Market and Services
Published: December, 2013
Document type:Report

Part I of Analysis of developments in the fields of direct investment and M&A reviews developments in international capital flows (FDI, portfolio investment, other investments and reserves) world-wide and more particularly between EU Member States and the rest of the world and within the EU.

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Analysis of Developments in the Fields of Direct Investment and M&A — Part II: Foreign Firms’ Contributions to EU Economic Performance

Sector:
Client:EC DG Internal Market and Services
Published: December, 2013
Document type:Report

Part II of Analysis of developments in the fields of direct investment and M&A considered the performance of foreign firms that are recipients of FDI.   Domestic firms far outweigh foreign-owned firms in the EU; however, the contributions of foreign-owned firms to economic performance are disproportionately high in terms of productivity, employment generation and the […]

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2012/2013 Annual Report on European SMEs

Sector:Public Policy.
Client:EC DG Enterprise and Industry
Published: November, 2013
Document type:Report

The 2012/13 report on European SMEs was prepared by a consortium comprising CARSA, DIW, DIW econ, Innova, London Economics, Manchester Institute of Innovation Research (University of Manchester) and PwC Luxembourg. The report provides an overview of the size, structure and importance of SMEs to the European economy and their contribution to growth and jobs, as emphasised in the Small […]

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Impact on Competition and Social Welfare of the Proposed ElecLink Interconnector Between Great Britain and France

Sector:
Client:Ofgem and CRE
Published: November, 2013
Document type:Report

Ofgem and CRE commissioned London Economics to review and assess the modelling, assumptions and estimated impacts on the electricity market and electricity users of a interconnector between France and Great Britain proposed by ElecLink. The summary of the report can be downloaded in English above and in French at http://www.cre.fr/documents/consultations-publiques.

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Lotteries in Europe

Sector:Public Policy.
Client:European Lotteries
Published: November, 2013
Document type:Report

The note published by European Lotteries first describes recent EU27 trends in the value of the sales of lottery products  and gross gambling revenue (the value of the sales of lottery products and prizes paid to buyers of such lottery products). Next it underlines the significant contribution of lotteries to society in terms of taxes […]

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Lotteries in Europe

Sector:Public Policy.
Client:N/A
Published: November, 2013
Document type:Presentation

2013 EL Sustainable Gambling Conference, Sports Integrity in Europe and the Role of Lotteries, 12 November 2013 – Brussels.

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Performance-based Full Policy Cycle for the Digital Single Market

Sector:Public Policy.
Client:European Parliament
Published: October, 2013
Document type:Report

A benchmarking exercise of a number of Digital Single Market policy initiatives recently proposed by the European Commission against the performance-based policy model shows that the current policy development and assessment process could be improved markedly by following the performance-based policy model set out in the present study.

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The Cost of Non-Europe: the Untapped Potential of the European Single Market

Sector:
Client:European Commission – Bureau of European Policy Advisors (BEPA)
Published: October, 2013
Document type:Report

While the growth-creating potential of the Single Market has long been recognised, evidence on the remaining untapped potential of the Single Market (where such potential lies, how much additional growth it could deliver, and which policy measures would help unlock it) was largely missing. London Economics, in association with PwC, were commissioned by the European […]

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GSA Releases 2013 Sat Nav Market Report (Issue 3)

Sector:Aerospace.
Client:The European GNSS Agency (GSA)
Published: October, 2013
Document type:Report

The European GNSS Agency (GSA) has published the third Global Satellite Navigation System (GNSS) Market Report. This third issue of the GSA’s annual report on the global GNSS market is based on an advanced forecasting model (the Market Monitoring and Forecasting Tool) developed and implemented by London Economics.

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Performance-based Full Policy Cycle for the Digital Single Market

Sector:Public Policy.
Client:European Parliament
Published: October, 2013
Document type:Report

A benchmarking exercise of a number of Digital Single Market policy initiatives recently proposed by the European Commission against the performance-based policy model shows that the current policy development and assessment process could be improved markedly by following the performance-based policy model set out in the present study. The key features of a performance-based full […]

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PSD I and PSD II

Sector:Finance.
Client:N/A
Published: October, 2013
Document type:Presentation

Presentation, Global Money Transfer Summit 2013, 29-30 October 2013.

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Implications of the European Commission’s Proposal for a General Data Protection Regulation for Business

Sector:Competition, Regulation and Business.
Client:N/A
Published: October, 2013
Document type:Presentation

Uncertainty about the final shape of the new EU Data Protection Regulation does not mask one fact – they will change how every organisation has to deal with personal information and the cost base and risk factors involved. Whether through the impact of new consent requirements or the need to employ a Data Protection Officer, […]

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PSD II – Proposed Changes and Timetable

Sector:Finance.
Client:N/A
Published: September, 2013
Document type:Presentation

Presentation to UKMTA conference “International payment services – what are the opportunities and threats for business in a changing marketplace?”, 19 September 2013.

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Barriers to Cross-border Health Care: Can Behavioural Insights Help?

Sector:Behavioural.
Client:N/A
Published: September, 2013
Document type:Presentation

Presentation at European Commission conference on Applying Behavioural Insights to Policy-Making 30th September 2013.

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Using Behavioural and Experimental Economics to Understand Consumer Behaviour

Sector:Behavioural.
Client:N/A
Published: August, 2013
Document type:Presentation

Presentation at Copenhagen Summer University, Executive Course in Behavioural Economics and Psychology of Choice 12th – 16th August 2013 This session at the University of Copenhagen provided applied examples of behavioural experiments that have been used to inform policy development. It covers pricing practices, consumer switching and consumer understanding of contracts. The session also explored […]

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A European Single Point of Contact

Sector:Public Policy.
Client:European Parliament
Published: July, 2013
Document type:Report

This research study for the European Parliament discusses the features and value added of a European single point of contact. The large number of European level online services combined with an extensive range of services at national level generates complexity in identification of the most appropriate services, and in understanding their different competencies. Such complexity […]

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Study on the Impact of Directive 2007/64/EC on Payment Services in the Internal Market and on the Application of Regulation (EC) No. 924/2009 on Cross-border Payments in the Community

Sector:Finance.
Client:N/A
Published: July, 2013
Document type:Report

The study, undertaken with iff and PaySys, examines the effects of Directive 2007/64/EC on payment services in the internal market (PSD) and Regulation (EC) No 924/2009 on fees and charges for cross-border payments (Regulation 924) and identifies a number of potential amendments to current version of the PSD.  The report is based on four different […]

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Levelling the Playing Field in the Single Market

Sector:Public Policy.
Client:European Parliament
Published: June, 2013
Document type:Report

The study for the European Parliament shows that the size of the shadow economy in the EU in 2012 is estimated at approximately EUR 2.35 trillion. The shadow economy represents a threat to the Single Market, leads to substantial budgetary difficulties, puts considerable pressure on legitimate businesses, and in long run, limits the potential growth […]

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A European Single Point of Contact

Sector:Public Policy.
Client:European Parliament
Published: June, 2013
Document type:Presentation

Presentation of Study to the Committee on the Internal Market and Consumer Protection, 27 June 2013, Brussels

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From Shadow to Formal Economy: Levelling the Playing Field in the Single Market

Sector:Finance.
Client:European Parliament
Published: June, 2013
Document type:Presentation

Presentation of Study to the Committee on the Internal Market and Consumer Protection, 27 June 2013, Brussels

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Implications of the European Commission’s Proposal for a General Data Protection Regulation for Business

Sector:Competition, Regulation and Business.
Client:Information Commissioner’s Office
Published: May, 2013
Document type:Report

London Economics undertook a review of the costs and benefits of proposed European data protection policies for UK businesses. The study developed a framework for assessing costs and benefits of the proposed measures, reviewed existing evidence and used a survey of data protection professionals in the UK to quantify the expected impact of the proposals. […]

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Energy Retail Markets Comparability Study

Sector:Public Policy.
Client:Department of Energy and Climate Change
Published: May, 2013
Document type:Report

The report assesses the trends and position of the UK electricity and gas retail markets relative to comparable jurisdictions in terms of prices, competition and profitability. The study draws on several decades of publicly available data. The main comparator groups are the EU 15 and a selected OECD grouping based on comparability.

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Regional Disparities in GDP Per Capita in the EU After the Financial Crisis

Sector:Public Policy.
Client:N/A
Published: May, 2013
Document type:LE publication (working papers and economic briefs)

This London Economics’ Noteworthy Statistics Briefing investigates the level of regional disparities in per-capita income across the EU27 in 2011 and changes in such disparities following the financial crisis, using the latest data made available by Eurostat.

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The Impact of a Financial Transaction Tax on Corporate and Sovereign Debt

Sector:Finance.
Client:N/A
Published: April, 2013
Document type:Report

Commissioned on behalf of the International Regulatory Strategy Group and authored by London Economics, this paper examines the impact of the European Commission’s proposed financial transaction tax (FTT) on corporate and sovereign debt markets. The research quantifies the additional cost the FTT is likely to impose on corporates and sovereigns using debt security markets to […]

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Study on Means to Protect Consumers in Financial Difficulty: Personal Bankruptcy, Datio in Solutum of Mortgages, and Restrictions on Debt Collection Abusive Practices

Sector:Finance.
Client:N/A
Published: April, 2013
Document type:Report

Commissioned on behalf of the Financial Services Users Group by DG Internal Market and Services, and authored by London Economics, this report examines all formal debt reduction solutions which allow consumers to return to a financially sustainable path by eliminating some or all of their debts, including providing a comprehensive description of: the availability and […]

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Living Standards in the EU After the Financial Crisis – UK Records Among the Largest Declines

Sector:Public Policy.
Client:N/A
Published: April, 2013
Document type:LE publication (working papers and economic briefs)

This London Economics’ Noteworthy Statistics Briefing investigates the change in living standards across the EU27 following the financial crisis, using the latest data made available by Eurostat. The analysis focuses on two measures of standards of living: the median equivalised disposable income and the severe material deprivation rate.

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The Impact of the EU Financial Transactions Tax on the Real Economy – Analysis of the Impact on Corporate and Sovereign Bonds

Sector:Finance.
Client:N/A
Published: April, 2013
Document type:Staff publication

This Financial services and capital markets briefs highlights the significance of the proposed EU financial transactions tax (FTT) to the real economy. The FTT rates are small – 0.1% on equities and bonds and 0.01% on derivatives. However, the associated total tax burden may be significant through a number‐of‐transactions effect (as securities are traded frequently) […]

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The Economic and Societal Benefits of Deriving from the Presence of Hyundai and Kia in Europe

Sector:Public Policy.
Client:N/A
Published: February, 2013
Document type:Report

The study highlights the contribution of Hyundai and Kia, two of the most successful car manufacturers operating in Europe, in a number of dimensions, namely: the contribution to employment and GDP; training and development of the labour force; the contribution to European R&D and innovation; the contribution to the development of the automotive supply chain […]

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Research on EU Product Labelling

Sector:Public Policy.
Client:N/A
Published: December, 2012
Document type:Report

This study by London Economics, Ipsos MORI and AEA investigated the possibility of creating a product label which provides consumers with information about the environmental lifecycle performance of products (televisions, washing machines and light bulbs). The information may be added to the current EU Energy Efficiency label. Pan-European behavioural experiments  were used in conjunction with […]

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Non-bank Financial Institutions: Assessment of Their Impact on the Stability of the Financial System

Sector:Finance.
Client:N/A
Published: November, 2012
Document type:Report

The study examines how non-bank financial institutions (in particular money market funds, private equity firms, hedge funds, pension funds, insurance undertakings and central counterparties; and UCITS and ETFs) had performed over the last decade and during the financial crisis. The report addresses the risks run by each of this type of institutions (credit, counterparty, liquidity, […]

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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:N/A
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:N/A
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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Socio-economic Impacts – Evaluation of Norwegian Space Programs (with PwC)

Sector:Aerospace.
Client:Ministry of Trade and Industry (Norway)
Published: 5 July, 2012
Document type:Report

An independent socio-economic impact assessment of Norway’s participation in the European Space Agency (ESA) and National Support Funds. Cost-Benefit Analysis (CBA) was employed based on EC impact assessment guidelines, established economic principles and international best practice (e.g. UK government HM Treasury’s Green Book). Quantified additive benefits comprise wages/salaries (income tax, value added tax, retailer sales […]

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Behavioural Biases and Consumer Detriment

Sector:Behavioural.
Client:N/A
Published: May, 2012
Document type:Presentation

International Conference on Financial Services, Hamburg, 10th May 2012

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GSA Releases 2012 Sat Nav Market Report

Sector:Aerospace.
Client:The European GNSS Agency (GSA)
Published: May, 2012
Document type:Report

The European GNSS Agency (GSA) has published the second Global Satellite Navigation System (GNSS) Market Report. This second issue of the GSA’s annual report on the global GNSS market is based on an advanced forecasting model (the Market Monitoring and Forecasting Tool) developed and implemented by London Economics.

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The Impact of State Guarantees on Banks’ Debt Issuing Costs, Lending and Funding Policy

Sector:Finance.
Client:N/A
Published: February, 2012
Document type:Report

This study investigates the effectiveness of state guarantee schemes and ad hoc guarantees given to banks over 2008-10. The study analyses the market value of state guarantees as reflected in the costs banks faced in raising funds on wholesale financial markets and whether state guarantees influenced the funding and (ultimately) lending behaviour of banks. The […]

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Regulation on the Approval and Market Surveillance of Two- or Three-wheeled Vehicles and Quadricycles

Sector:Public Policy.
Client:European Parliament
Published: February, 2012
Document type:Report

This study is a three-part impact assessment of amendments proposed by the IMCO Committee to three measures contained in the European Commission’s proposal for a “Regulation on the approval and market surveillance of two- or three-wheeled vehicles and quadricycles”. The first part concerns the fitting of an anti-lock braking system (ABS), the second part concerns […]

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Basic Banking Services

Sector:Finance.
Client:N/A
Published: January, 2012
Document type:Presentation

Presentation to the European Parliament by London Economics  

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Basic Banking Services

Sector:Finance.
Client:N/A
Published: December, 2011
Document type:Report

This briefing paper examines the current state of play in the access to basic banking services, as well as the expected benefits of providing such access for citizens as well as for cross-border trade, in particular e-commerce. It also identifies the banking services that would ideally be covered by any initiative and the main hurdles […]

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McDonald’s Economic Footprint in Europe

Sector:Public Policy.
Client:N/A
Published: November, 2011
Document type:Report

This report examines McDonald’s economic footprint in Europe in terms of contribution to GDP growth, raw material sourcing, job creation and business opportunities via its franchising model. The analysis shows that McDonald’s continued to grow throughout the recession of 2007-09 and its growth has consistently exceeded EU GDP growth as well as the growth of […]

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

Sector:Finance.
Client:N/A
Published: November, 2011
Document type:Report

This report provides a comprehensive analysis of developments in the fields of direct investment and M&A in 2010-11. This includes a descriptive analysis of inward and outward FDI stocks and flows (including FDI resulting from M&A activity) within the EU and between the EU and third countries, by sector, type of FDI, etc. Major factors […]

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Consumer Behaviour in a Digital Environment

Sector:Finance.
Client:N/A
Published: August, 2011
Document type:Report

In a study for the European Parliament, London Economics has analysed the extent to which digital opportunities impact on consumer behaviour and the interaction between consumers and businesses. At issue is how consumers benefit from the digital environment and whether and how they change their purchasing strategies. E-developments and firm behaviour that impact on consumer […]

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Study on Consumers’ Postal Practices and Socio-economic Needs in Terms of the Quality and Provision of the Priority Postal Service

Sector:Public Policy.
Client:N/A
Published: June, 2011
Document type:Report

The study focuses on the postal practices and needs of households and businesses, especially SMEs. The first part of the study examines the extent to which the postal service is important to users, the users’ knowledge of postal products, their current postal practices, their sensitivity to the time it takes for a postal product to […]

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Quality of Services and Consumers’ Needs: Recent Evidence from France

Sector:Public Policy.
Client:LE Presentation
Published: June, 2011
Document type:Presentation

19th CPDE, CRRI, Jersey, June 2011.

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SKYLON Assessment Report, European Space Agency

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

A review of the SKYLON spaceplane by the European Space Agency (ESA) including ESA’s review of London Economics’ assessment of the future benefits of investment in the SKYLON reusable launcher for Reaction Engines.

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Study on the Costs and Benefits of Different Policy Options for Mortgage Credit

Sector:Finance.
Client:N/A
Published: March, 2011
Document type:Report

The costs and benefits of potential changes in the following four mortgage policy areas are considered in the study, which was published by the European Commission on 31 March 2011: pre-contractual information, the definition of the annual percentage rate of charge, early repayment and responsible lending and borrowing. The approach to assessing the costs and […]

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Competition-promoting Consumer Behaviour

Sector:Public Policy.
Client:N/A
Published: March, 2011
Document type:Report

The Danish Competition and Consumer Authority (DCCA) has published two reports analysing the interactions between consumer behaviour and competition in retail markets; one of which was written by London Economics. The study undertaken by London Economics analyses consumer behaviour during the purchasing processes and is based on a survey of 6,000 Danish consumers. The study […]

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Measuring Consumer Detriment from Postal Quality-Price Misperceptions in France

Sector:Public Policy.
Client:LE Presentation
Published: February, 2011
Document type:Presentation

CCRP workshop, Aston University, Birmingham, February 2011.

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The Nature and Impact of Hardcore Cartels

Sector:Competition, Regulation and Business.
Client:Danish Competition and Consumer Authority
Published: January, 2011
Document type:Report

This study analyses the nature and impact of hardcore cartels and other economic crimes based on a review of relevant academic literature. The study was commissioned by the Danish Competition and Consumer Authority and its findings feed into work being undertaken by a committee set up by the Danish Government with a mandate to assess […]

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The Functioning of Retail Electricity Markets in the European Union

Sector:Public Policy.
Client:EC DG SANCO
Published: November, 2010
Document type:Report

London Economics, in cooperation with Ipsos, IBF Consulting and CRIOC, were commissioned by the EC DG Health and Consumers (SANCO) to examine the functioning of retail electricity markets in the European Union. Based on consumer surveys, stakeholder surveys and mystery shopping exercises carried out in the 27 Member States, the study shows that, although consumers […]

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Understanding the Impact of MiFID in the Context of National and Global Regulatory Innovations

Sector:Finance.
Client:N/A
Published: October, 2010
Document type:Report

Since its EU-wide implementation in November 2007, MiFID has significantly modified the environment and structure of secondary market equity trading in Europe. For this research, London Economics conducted empirical analysis and stakeholder interviews to clarify whether as a result of MiFID: the expected benefits on the integration of EU financial markets have materialised; whether national […]

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Economic and Social Impact of Software and Software-based Services (SSBS)

Sector:Competition, Regulation and Business.
Client:EC DG Information Society
Published: August, 2010
Document type:Report

The study evaluates the potential economic and social impact of software-based services in the EU and identifies the drivers of growth and competitiveness of the sector, the current barriers limiting the sector’s development, the policy actions needed to remove those barriers, and the economic and social impact of such actions.  

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Study Analysing Possible Changes in the Minimum Rates and Structures of Excise Duties on Alcoholic Beverages

Sector:Public Policy.
Client:EC DG Taxation and Customs Union
Published: May, 2010
Document type:Report

This report for EC DG Taxation and Customs Union considers the arguments and evidence, for and against changes to the existing minimum duty rates for alcoholic beverages that apply across all EU Member States.  The overarching objective of the study is to examine whether the current structures of alcohol taxation and the minimum rates laid […]

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Study on Consumer Detriment in the Area of Dynamic Packages

Sector:Public Policy.
Client:EC DG SANCO
Published: November, 2009
Document type:Report

In a report published by EC DG Health and Consumers, London Economics has estimated consumer detriment in EU-27 in the area of ‘dynamic travel packages’. A ‘dynamic package’ is a holiday package where different tourist services (flights, car rental, accommodation, excursions etc.) are put together at the same time to fit the specifications of a […]

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The Importance of Wholesale Financial Services to the EU Economy 2009

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

This report investigates the role, structure and importance of wholesale financial services in the European Union. The specific topic for this year’s report is the EU’s wholesale finance market and its various competitors under a range of differing scenarios, such as changing demographics, the rise of Asia and emerging market economies, the impact of regulation […]

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An Analysis of Teacher Mobility Within the European Union

Sector:Education.
Client:N/A
Published: December, 2008
Document type:Report

London Economics were commissioned by the European Parliament to undertake an analysis of teacher mobility within the European Union. The study undertakes a quantitative and qualitative analysis of teacher mobility across the European Union Member States where information exists. It explores the relative benefits, costs, strengths and weaknesses of the various mobility programmes. On the […]

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Evaluation of the CAP Policy on Protected Designations of Origin (PDO) and Protected Geographical Indications (PGI)

Sector:Public Policy.
Client:EC DG Agriculture
Published: November, 2008
Document type:Report

The study is based on two elements. A descriptive part provides a detailed analysis of the development of the Protected Designations of Origin (PDO) and Protected Geographical Indications (PGI) schemes over the course of the evaluation period, including the regulatory framework and the implementation mechanism underpinning the schemes. The second part of the project focuses […]

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Analysis of Developments in the Field of Direct Investment and M&A

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

This study examines first the developments in international capital flows, especially FDI, in 2007. Next, as a special topic, it undertakes an in-depth quantitative analysis of the difference in economic performance between domestically-owned and foreign-owned business in Europe. The performance indicators used in the analysis are turnover, employment and profitability in levels and over the […]

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Study on the Role and Regulation of Non-credit Institutions in EU Mortgage Markets

Sector:Finance.
Client:N/A
Published: September, 2008
Document type:Report

This study analyses non-credit institutions in EU Member State mortgage markets. The study identifies Member States where non-credit institutions are allowed to provide mortgage credit; provides information on the regulation and supervision of these undertakings; the funding techniques non-credit institutions are allowed to use; the size of the mortgage lending activities of non-credit institutions, both […]

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The Importance of Wholesale Financial Services to the EU Economy 2008

Sector:Finance.
Client:N/A
Published: July, 2008
Document type:

This report investigates the role, structure and importance of wholesale financial services in the European Union. The specific topic for this year’s report is the EU’s wholesale finance market and its various competitors under a range of differing scenarios, such as changing demographics, the rise of Asia and emerging market economies, the impact of regulation […]

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Estimation of the Net Cost of Fulfilling Universal Service Obligations in the Telecoms Sector

Sector:Competition, Regulation and Business.
Client:LE Economic Brief
Published: May, 2008
Document type:LE publication (working papers and economic briefs)

This LE Economic Brief describes London Economics’ estimation of the net cost of the Universal Service Obligation in Ireland.

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Modelling EU Electricity Market Competition Using the Residual Supply Index

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

This LE Working Paper reports on research undertaken by LE and others for the European Commission inquiry into the state of competition in the EU’s electricity markets. It also presents new analysis on the economic foundations of the Residual Supply Index as a market structure variable.  From 2005 to 2007

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Estimating the Impact of Price Regulation on Quality of Service in Post

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

16th CPDE, Portugal, May 2008.

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Economic Impacts of Increased Flexibility and Liberalisation in European Spectrum Management

Sector:Competition, Regulation and Business.
Client:A Group of European Telecom Companies
Published: April, 2008
Document type:Report

London Economics was commissioned by a group of European communications sector companies to carry out an independent review of the available evidence examining the costs and benefits of greater flexibility in the use of radio spectrum. This report sets out the findings of that review and is based on existing studies that examine the actual […]

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Study on the Impact of Co-operative Groups on the Competitiveness of Their Craft and Small Enterprise Members

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

London Economics were commissioned by EC DG Enterprise and Industry to undertake an in-depth study on the impact of co-operative groups on the competitiveness of their craft and small enterprise members. The analysis undertaken was based on extensive identification of both co-operatives and their members across the European Union; primary data collection of information on […]

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Increasing Early Settlement Charges for Personal Loans by OTP-Bank Hungary – Abuse of Dominant Position or a Rational Business Response to a Demand Shock

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: November, 2007
Document type:

5th Annual Conference of the Association of Competition Economists (ACE), Toulouse, November 2007.

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Determinants of Prices and Margins in the EU’s Major Electricity Markets

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: October, 2007
Document type:Presentation

European Global Energy Symposium, Lisbon, October 9, 2007.

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Consolidation in Electricity Markets in CEE: The Case of Hungary

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: July, 2007
Document type:Presentation

Gas and Power in Central & Eastern Europe Conference, Vienna, July 5-6, 2007.

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Gaming in the EU – The Case for State Lotteries

Sector:Public Policy.
Client:LE Presentation
Published: May, 2007
Document type:Presentation

4th Congress of the European State Lottery and Toto Association, Budapest, May 21-24, 2007.

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Impact Assessment Relating to the Economic and Governance Evolution of Space in Europe

Sector:Aerospace.
Client:EC DG Enterprise and Industry
Published: April, 2007
Document type:Report

London Economics were one of the contributors to this RPA led study for the European Commission’s DG Enterprise & Industry. The research reviewed the market for space and space related services, including the development of a number of demand scenarios, and also reviewed the roles of the key public sector actors and undertook an analysis […]

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Incentive Proposals for Quality of Service Measures in Finnish Electricity Distribution

Sector:Competition, Regulation and Business.
Client:EMV
Published: November, 2006
Document type:Report

This report, prepared for the Energy Market Authority of Finland (EMV) reviews how customer quality of service be regulated and recommends that the regulation include some form of incentives that result in rewards or penalties if measured targets are not met. It also proposes that specific regulations be enacted for separate service categories and reviews […]

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Impact Assessment of Implementing the Globally Harmonised System of Classification and Labelling of Chemicals (GHS)

Sector:Public Policy.
Client:LE Economic Brief
Published: November, 2006
Document type:Report

This Economic Bried reports on an econometric assessment London Economics has carried out of the likely trade impacts of adoption of the Globally Harmonised System of Classification and Labelling of Chemicals (GHS).

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Creating a Framework for Investment

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: November, 2006
Document type:Presentation

7th ECTA Regulatory Conference, Brussels, November 17, 2006.

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Investment and the Regulatory Framework

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: November, 2006
Document type:Presentation

IDATE Foundation Seminar “Reviewing the Review”, Montpellier, November 14, 2006

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The Impact of the Regulatory Framework on Investment Across the EU

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: October, 2006
Document type:Presentation

Conference: Improving the Regulatory Framework for Electronic Communications: Challenges for the Next Decade organised by CBKE (Uniwersity of Wrocław), CIL (Hungarian Academy of Sciences), WIK, and under the auspices of the Polish regulator UKE, University of Wroclaw, October 18-20, 2006.

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The Case for State Lotteries

Sector:Public Policy.
Client:European Lotteries and Toto Association
Published: September, 2006
Document type:Report

The report provides a comprehensive overview of the gaming market in the EU25 and assesses the likely impact of full liberalisation of gaming activities on lotteries and good causes funded by lotteries. The report also reviews the wider socio-economic effects of gaming.

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Study on the Economic Impact of Auditors’ Liability Regimes

Sector:Finance.
Client:EC DG Internal Market and Services
Published: September, 2006
Document type:Report

This study focuses on the market for statutory audits of large companies in Europe. It reviews first the state of the international market for audit firms in the EU. Next, it examines the insurance market for statutory audits. It then examines the likely short-run and long-run effects of the possible disappearance of one or more of […]

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An Assessment of the Regulatory Framework for Electronic Communications – Growth and Investment in the EU E-Communications Sector

Sector:Competition, Regulation and Business.
Client:EC DG Information Society
Published: July, 2006
Document type:Report

The study provides first data on investments in the electronic communications markets in the EU Member States and analyses sources of differences across Member States, sectors and competitors (incumbent versus new entrants).  Next, provides a comparative analysis of growth of the electronic communications sector in the EU and in other main geographical markets.  Finally, it […]

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The EU Car Market Under the New BER

Sector:Competition, Regulation and Business.
Client:LE Economic Brief
Published: July, 2006
Document type:LE publication (working papers and economic briefs)

This Brief summarises our report for DG Competition and reviews market developments in automotive retailing and after-sales sectors following the entry into force of the Regulation No. 1400/2002 (the Block Exemption Regulation or, simply BER), the new EC regulation covering distribution and after sales services of new motor vehicles in the EU.

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E-communications Investment in the EU

Sector:Competition, Regulation and Business.
Client:LE Economic Brief
Published: July, 2006
Document type:LE publication (working papers and economic briefs)

This Brief summarises research undertaken by London Economics for the European Commission. The research provides first data on investments in the electronic communications markets in the EU Member States and analyses sources of differences across Member States, sectors and competitors (incumbent versus new entrants). It also provides a comparative analysis of growth of the electronic […]

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Calculating the Costs and Profitability of Services in Price Squeeze Investigations

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: July, 2006
Document type:Presentation

IIR conference on Regulatory Cost Accounting & Reporting for Telecoms in Vienna, Austria. July 4, 2006.

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Developments in Car Retailing and After-sales Markets Under Regulation 1400/2002

Sector:Competition, Regulation and Business.
Client:EC DG Competition
Published: June, 2006
Document type:Report

This report reviews market developments in automotive retailing and after-sales sectors following the entry into force of the Regulation No. 1400/2002 (the Block Exemption Regulation or, simply BER), the new EC regulation covering distribution and after sales services of new motor vehicles in the EU. The report focuses on the competition implications of the new […]

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Impact Assessment of Implementing GHS (Globally Harmonised System of Classification and Labelling of Chemicals) – Trade Effects

Sector:Public Policy.
Client:EC DG Enterprise and Industry
Published: May, 2006
Document type:Report

In July 2003, the Globally Harmonised System of Classification and Labelling of Chemicals (GHS) was formally adopted by the UN ECOSOC. Its aim is to bring together the major world classification and labelling (C&L) systems of chemicals (substances and preparations/mixtures) into a single new system. This part of the impact assessment provides empirical evidence on […]

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Impact of the Regulatory Framework on Investment Across Europe – an Update

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: May, 2006
Document type:Presentation

Münchner Kreis Conference – “The Effectiveness of Electronic Communications Sector Regulation in Europe”, Brussels, May 7, 2007.

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Making the Best Use of Resources

Sector:Education.
Client:LE Presentation
Published: May, 2006
Document type:Presentation

“Returns to various types of investment in education and training” in Brussels, Belgium. May 22-23, 2006.

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Study on the Returns to Various Types of Investment in Education and Training

Sector:Education.
Client:N/A
Published: December, 2005
Document type:Report

London Economics were commissioned to undertake a large-scale project for the EU Directorate General for Education, Arts and Culture on the rates of returns to the investment necessary to achieve the Lisbon educational targets using the European Labour Force Survey. The study computed the private and social costs of achieving the Lisbon targets for different […]

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Project to Assess the Impact of the New EU Chemicals Strategy (REACH) and to Develop a Model – Economic Model and MatLab Code

Sector:Public Policy.
Client:N/A
Published: September, 2005
Document type:

The report assesses the economic costs along the supply chain of the testing and registration phase of the new chemicals policy. The analysis includes an assessment of the impact on the prices of the chemical and of the products that successively use the chemical along the supply chain and how these changes in prices affect […]

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The Costs and Benefits of Integration of EU Mortgage Markets

Sector:Finance.
Client:N/A
Published: August, 2005
Document type:Report

London Economics was commissioned by the European Commission – DG Internal Market and Services to study the costs and benefits of new initiatives that would lead to the full integration of markets for residential mortgages and home loans in the 25 EU Member States. The report estimates these costs and benefits and also assesses the […]

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Rescue and Restructuring State Aid

Sector:Competition, Regulation and Business.
Client:LE Working Paper
Published: August, 2005
Document type:LE publication (working papers and economic briefs)

This Workign Paper examines the survival of companies having received rescue or restructuring State aid in the EU. The analysis is based on a newly constructed dataset on the awards of State aid that were approved individually by the Commission between 1995 and 2003.

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Securities Trading, Clearing, Central Counterparties and Settlement in EU 25 – an Overview of Current Arrangements

Sector:Finance.
Client:N/A
Published: June, 2005
Document type:Report

The report provides a description of the securities trading, clearing and settlement infrastructures of the cash equities and bonds markets in the 25 Member States of the EU (as of March 2005) and an assessment of the nature of the vertical agreements between the trading, clearing and settlement infrastructures.

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Estimation of Consumers’ Willingness to Pay for Quality of Service in Post

Sector:Public Policy.
Client:N/A
Published: June, 2005
Document type:Presentation

13th Conference on Postal and Delivery Economics in Antwerp, Belgium. June 1-4, 2005.

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A Review of the All-Island Financial Services Sector

Sector:Finance.
Client:N/A
Published: November, 2004
Document type:Report

This report for InterTradeIreland provides an analysis of the size, scale, employment and earnings of the sector in Northern Ireland, Ireland, and in the island as a whole. It also assesses the extent of cross-border trade in financial services and the significance of perceived barriers to cross-border trade. Finally, the report examines the options to […]

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Structure and Functioning of the Electricity Market in Belgium in a European Perspective

Sector:Competition, Regulation and Business.
Client:CREG
Published: October, 2004
Document type:Report

London Economics was commissioned by the General Council of the “Commission fédérale de Régulation de l’Electricité et du Gaz” (CREG) to analyse whether, and to what extent, the current federal regulation makes the markets for production, trading and supply of electricity competitive or potentially competitive and, if not, what remedies could be implemented. The report […]

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Ex-post Evaluation of the Impact of Rescue and Restructuring Aid on the International Competitiveness of the Sector(s) Affected by Such Aid

Sector:Competition, Regulation and Business.
Client:EC DG Enterprise and Industry
Published: June, 2004
Document type:Report

London Economics was commissioned by the European Commission – DG Enterprise to evaluate the impact of rescue and restructuring aid on the international competitiveness on the sectors affected by such aid. This ex-post evaluation focuses on the survival of companies having received rescue and/or restructuring State aid, the social and economic effects of such aid […]

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Empirical Analysis of Further Liberalisation in Norway

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: June, 2004
Document type:Presentation

12th Conference on Postal and Delivery Economics. Cork, Ireland. June 2-5, 2004.

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Assessing the Key Economic Drivers for Change in the Current Business Climate

Sector:Public Policy.
Client:LE Presentation
Published: June, 2004
Document type:Presentation

European Outsourcing Association’s Conference. Amsterdam, the Netherlands. June 9-10, 2004.

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Internet Use by Businesses in Old and New EU Member Countries

Sector:Competition, Regulation and Business.
Client:LE Presentation
Published: April, 2004
Document type:Presentation

TIGER Conference The New Economy and Post-Socialist Transition. Warsaw, April 10-11, 2004.

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A Synthesis of the Mid-term Evaluations of the FIFG 2000-2006

Sector:Public Policy.
Client:EC DG Fisheries
Published: March, 2004
Document type:Report

This report for the European Commission – Directorate General For Fisheries summarises and highlights the key findings of 49 mid-term evaluations of the Financial Instrument for Fisheries Guidance 2000-2006. The results of the report were presented at the conference organised by the European Commission “Steering Towards 2007-2013: What Financial Support for the Common Fisheries Policy […]

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Overview of EU25 Securities Trading, Clearing, Central Counterparties, and Securities Settlement

Sector:Finance.
Client:N/A
Published: February, 2004
Document type:Report

The report for the European Commission – DG Competition provides a pan-European overview of trading, clearing and central counterparties, settlement, and custody, of equity, corporate and government bonds, and the related infrastructures (exchanges, clearing institutions and central counterparties, central securities depositories and international central securities depositories at primary level and international central securities depositories and […]

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Investigation of the Determinants of Farm-retail Price Spreads

Sector:Public Policy.
Client:Department for the Environment and Rural Affairs
Published: February, 2004
Document type:Report

London Economics was commissioned by the Department for Environment, Food and Rural Affairs (Defra) to undertake an econometric analysis of the factors that have affected the spreads between farm gate prices and retail prices. According to the terms of reference of the project, the study was to focus on developments in the United Kingdom and […]

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Study of the Consequences of Further Liberalisation of the Postal Market in Norway

Sector:Competition, Regulation and Business.
Client:Norwegian Ministry of Transport and Communications
Published: December, 2003
Document type:Report

This Report for the Norwegian Ministry of Transport and Communications provides consultancy advice on the consequences of further liberalisation of the postal market in Norway. The study evaluates the impact of postal liberalisation, based on qualitative analysis and quantitative modelling. Under each of the models, we assess the impacts on liberation across various scenarios, ranging […]

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Financial Markets and the Funding of Enterprises in the European Union: What Future?

Sector:Finance.
Client:N/A
Published: July, 2003
Document type:Report

This report uses scenarios to explore the future landscape of the financial services industry in the European Union. The question posed is whether the structure of business finance will shift towards greater reliance on capital markets, equity and bonds, and away from bank finance. After reviewing the key factors that drove change in the nineties, […]

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Comparing the Economic Performance of Family Businesses and Non-family Businesses

Sector:Education.
Client:N/A
Published: June, 2003
Document type:Report

This report for the European Foundation for the Improvement of Living and Working Conditions reviews the performance of family and non-family businesses. LE’s work surveys the key characteristics of family businesses and examines the empirical evidence comparing performance with non-family businesses. Four themes appear salient in linking the key characteristics with the business performance: ownership […]

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A Production Model of Service Quality at An Post

Sector:Competition, Regulation and Business.
Client:N/A
Published: June, 2003
Document type:Staff publication

Crew, M.A. and Kleindorfer, P.R. (eds), Competitive Transformation of the Postal and Delivery Sector, Kluwer Academic Publishers, 2004. Swinand, G.

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London Economics Review of European Union Electricity Markets

Sector:Competition, Regulation and Business.
Client:ESB
Published: April, 2003
Document type:Report

This study reviews the regulatory regimes in the EU member states and examines how the differences in regulatory policy and openness to investment are likely to have had an impact on new investment.

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Assessment of Restrictions in the Supply of Professional Services

Sector:Competition, Regulation and Business.
Client:Irish Competition Authority
Published: March, 2003
Document type:Report

The London Economics/Indecon report analyses competition and restrictions in eight professions in 3 sectors: engineers and architects, medical practitioners, veterinary surgeons, dentists and optometrists in the medical sector and solicitors and barristers in the legal sector. The report notes that three types of restrictions are common across the eight professions. These are restrictions on entry […]

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Study on a Methodology for Identifying Sectors with Serious Structural Problems

Sector:Competition, Regulation and Business.
Client:EC DG Competition
Published: December, 2002
Document type:Report

London Economics was commissioned by DG Competition state aid II to develop a general methodology to be used by EC officials to draw up an initial “List of sectors” where serious structural problems prevail. In the report we set out an analytical framework that reviews various aspects (sales, output, employment) of an industry when the […]

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Quantification of the Macro-Economic Impact of Integration of EU Financial Markets

Sector:Finance.
Client:N/A
Published: November, 2002
Document type:Report

“Financial Market Integration and Economic Growth: Quantifying the Effects”. European Commission. Brussels, Belgium. 19 February, 2003.

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Working Conditions in Hotels and Restaurants: National Reports for France, Italy, Portugal and Sweden

Sector:Education.
Client:N/A
Published: October, 2002
Document type:Report

The reports for European Foundation for the Improving of Living and Working Conditions assess the impact of trends such as globalisation, increased competition and developments in technology, and look at the role of social dialogue in the sectors. They also feature several examples of interesting and innovative practice at local and national level aimed at […]

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Working Conditions in Road Transport: National Reports for France, Italy, Portugal and Sweden

Sector:Education.
Client:N/A
Published: October, 2002
Document type:Report

The reports for the European Foundation for the Improving of Living and Working Conditions assess the impact of trends such as globalisation, increased competition and developments in technology, and look at the role of social dialogue in the sectors. They also feature several examples of interesting and innovative practice at local and national level aimed […]

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European Integration and Productivity: Exploring the Gains of the Single Market

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

This paper uses a variety of panel data techniques to argue that the European Single Market Programme significantly increased productivity in a number of European countries. In particular, as a result of the Programme, industry productivity increased considerably in 1992 and 1993 in France, Italy, Germany, the Netherlands and in the UK.

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The New Economy, EU Accession Challenges, and the EBRD

Sector:Competition, Regulation and Business.
Client:N/A
Published: 2001
Document type:Staff publication

Revue d’Economie Financière, Special Issue, 2001. Muller, P.

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The Economic and Societal Contribution of Hyundai and Kia in Europe – October 2017

Sector:Public Policy.
Client:Hyundai Motor Company
Published: 23 October 2017
Document type:Report

This report provides a quantification of the economic and societal benefits deriving from the presence of Hyundai and Kia in Europe. The report draws on the most up-to-date data on the operations of Hyundai and Kia in Europe, as well as official and industry data sources. The focus of the report is on the direct […]

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