Tag Archives: Report

A Study of the Economic Impact of the Services Provided by the Bureau of Meteorology – July 2017

Sector:Public Policy.
Client:Australian Bureau of Meteorology
Published: 11 July, 2017
Document type:Report

As part of the Australian Governments Functional and Efficiency Review of the Australian Bureau of Meteorology, London Economics undertook an economic impact assessment of the Bureau’s services to the Australian economy. Of the benefits that can be quantified, the analysis indicates a benefit-cost ratio of 11.6:1. That is, for every dollar spent on delivering Bureau […]

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The Impact of Student Loan Repayments on Graduate Taxes – July 2017

Sector:Education.
Client:University and College Union
Published: 20 July, 2017
Document type:Report

London Economics were commissioned by the University and College Union to assess the lifetime costs to higher education students associated with receiving and repaying student loans provided by Student Finance England. In addition to assessing the loan balance on graduation and repayments made, the analysis estimates the effective average and marginal tax rates associated with […]

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The Economic, Social and Cultural Impact of the University of Birmingham – March 2017

Sector:Education.
Client:University of Birmingham
Published: 09 March, 2017
Document type:Report

London Economics were commissioned by the University of Birmingham to undertake an analysis of the university’s economic, social and cultural impact. The study considered the economic impact of teaching and learning, research activities, educational exports, as well as the direct, indirect and induced impact generated by the university and its students throughout the local, regional […]

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An Economic Evaluation of the National Careers Service – March 2017

Sector:Education.
Client:Department for Education
Published: March, 2017
Document type:Report

London Economics were commissioned by the Department for Education to undertake an evaluation of the National Careers Service. Using information on labour market histories from the HMRC, as well as learner information from the Individualised Learner Record, the analysis involved merging a range of data sets and implementing a Propensity Score Matching model to compare […]

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Study on the Functioning of the Retail Electricity Markets for Consumers in the EU – February 2017

Sector:Competition, Regulation and Business.
Client:EC DG Justice and Consumers
Published: 06 February, 2017
Document type:Report

The 2nd Electricity Market Study investigated electricity market functioning for consumers in the EU, Iceland and Norway. It assessed how market performance has developed since the 1st electricity market study conducted in 2010, and the extent to which consumers have the necessary tools to make rational and empowered choices. Its findings offer a clear insight […]

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The Determinants of International Demand for UK Higher Education – January 2017

Sector:Education.
Client:HEPI/KAPLAN
Published: 12 January, 2017
Document type:Report

London Economics were commissioned by the Higher Education Policy Institute and Kaplan International Pathways to undertake an analysis of the international determinants of UK higher education enrolments. The analysis illustrates the impact of macroeconomic factors (such as a currency depreciation or overseas economic growth), institutional factors (such as UK and US fee levels) and policy […]

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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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The Use of Behavioural Insights in Consumer Policy – January 2017

Sector:
Client:OECD
Published: 25 January, 2017
Document type:Report

The OECD has published its report on the use of Behavioural Economics in Consumer Policy. The report is informed by discussion at the OECD’s Behavioural Economics Roundtable, at which LE’s Dr Charlotte Duke was an invited speaker on her experience in using behavioural economics to test and design consumer policy.

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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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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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The Economic and Social Impact of Cardiff University in 2014-15 – Full Report – November 2016

Sector:Education.
Client:Cardiff University
Published: 28 November, 2016
Document type:Report

London Economics were commissioned by Cardiff University to undertake an analysis of the university’s economic and social impact. The full report assessing the economic impact of teaching and learning, research, education exports, and the direct, indirect and induced impact generated by Cardiff University can be accessed on the link above.

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Stakeholder Engagement on Complex and Long-run Issues in the Energy and Water Sectors – November 2016

Sector:
Client:Sustainability First
Published: 14 November, 2016
Document type:Report

This paper for Sustainability First explores how different research approaches for engaging individual consumers can help uncover long-term public interest in complex areas. The paper covers both quantitative and qualitative methods, and includes behavioural experiments to test consumer responses to alternative interventions. The paper is of use to public interest advocates and energy and water […]

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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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Evaluation of the Functioning of the European Fund for Strategic Investments (EFSI) – October 2016

Sector:
Client:European Investment Bank
Published: October, 2016
Document type:Report

LE assisted the EIB evaluation team with the evaluation of the functioning of the EFSI. The key conclusions of the evaluation are that the fund is on track in terms of approvals in view of its target of mobilising EUR 315 billion of total investment in the real economy, but is lagging behind in terms […]

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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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The Danish Space Economy 2016 – June 2016

Sector:Aerospace.
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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Estimating the Impact of Publicly Funded Training on Industry and Firm-level Outcomes – May 2016

Sector:Education.
Client:Department for Business, Innovation and Skills
Published: 12 May, 2016
Document type:Report

London Economics were commissioned by the Department for Business, Innovation and Skills to undertake an analysis of the impact of publicly funded training on industry-level and firm-level outcomes. To undertake the analysis, researchers at London Economics first matched the Individualised Learner Record, EDS ‘Blue Sheep’ data, and the Inter Departmental Business Register (IDBR), and then […]

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The Impact of the 2015 Comprehensive Spending Review on Higher Education Fees and Funding Arrangements in Subjects Allied to Medicine – May 2016

Sector:Education.
Client:UNISON and National Union of Students
Published: 25 May, 2016
Document type:Report

London Economics were commissioned by UINISON and the NUS to undertake an independent analysis of the impact of the removal of NHS bursaries on prospective students in Allied Health Professions announced in the 2015 Comprehensive Spending Review. The analysis considers the resource flows between the Exchequer, Higher Education Institutions and students/ graduates. Having been launched […]

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Met Office, General Review – March 2016

Sector:Public Policy.
Client:Met Office
Published: 23 March, 2016
Document type:Report

This economic study carried out by London Economics, part of a wider General Review of the Met Office, found that the Met Office could bring £30 billion of value to the UK over the next decade, which works out at £14 of benefit for every pound spent, when taking account of investment already committed.

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The Impact of Literacy, Numeracy and Computer Skills on Earnings and Employment Outcomes – March 2016

Sector:Public Policy.
Client:OECD
Published: 31 March, 2016
Document type:Report

This OECD Education working paper looks at the impact of literacy, numeracy and computer skills on earnings and employment outcomes. Using the 2012 PIAAC data, our analysis confirms that there are significantly higher earnings and employment returns to both increasing levels of formally recognised education, and to increasing levels of numeracy, literacy and Information and […]

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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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Ofwat Vulnerability Focus Report – February 2016

Sector:
Client:Ofwat
Published: 23 February, 2016
Document type:Report

Ofwat’s Vulnerability Focus report with supporting research by London Economics finds that vulnerability can take many forms, people can move in and out of vulnerability and anyone can find themselves in vulnerable circumstances at times in their life. The report is accompanied by a practitioners’ pack that aims to help water companies to identify customers […]

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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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Consumer Market Study on the Functioning of Legal and Commercial Guarantees for Consumers in the EU – December 2015

Sector:
Client:European Commission
Published: 14 December, 2015
Document type:Report

This study for the European Commission explores how well markets for Legal and Commercial Guarantees (LCGs) operate for consumers in Europe. The study includes consumer surveys and behavioural experiments to investigate how well consumers understand LCGs. The study provides policy recommendations to remedy any shortcomings detected. In particular, the results of will be used to […]

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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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Mind the Gap: Comparing Public Funding in Higher and Further Education – November 2015

Sector:
Client:University and College Union
Published: 18 November, 2015
Document type:Report

London Economics were commissioned by the University and College Union to undertake a forensic analysis of the public funding associated with Higher and Further Education across the Home Nations of the United Kingdom. The analysis demonstrates the significant differences in public funding between the different education paths in England, but also the fundamental differences across […]

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Evaluation of the Impact and Cost-effectiveness of UKTI’s Support for Events – November 2015

Sector:Public Policy.
Client:UK Trade & Investment
Published: 03 November, 2015
Document type:Report

UKTI’s Events programme consists of wide range of support activities, including lectures and workshops on specific industries/markets, overseas market visits, meetings and networking opportunities with business delegations, etc. The project assessed the net financial benefit of the programme, wider qualitative benefits accruing to participating businesses, and participants’ willingness to pay for attending events. The evidence […]

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An Assessment of Open to Export – November 2015

Sector:
Client:UK Trade & Investment
Published: 03 November, 2015
Document type:Report

LE evaluated the impact of Open to Export, a website supported by UK Trade & Investment that functions as an electronic intermediary, connecting businesses with other businesses, organisations and official sources of information and assistance, including UK Trade & Investment. The study collected information through interviews with six selected “service providers” and a structured telephone […]

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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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Satellite Technologies in UK Agriculture – November 2015

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

A Pathfinder study funded under the National Space Technology Programme (NSTP) The need for sustainable, efficient and cost-effective methods of farming has never been more pressing. As the global population continues to rise, the challenge to meet global food demands in a sustainable manner is becoming increasingly important. At the same time, farmers are being […]

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High-Cost Short-Term Credit Price Comparison Websites – November 2015

Sector:
Client:Financial Conduct Authority
Published: 30 November, 2015
Document type:Report

This behavioural economics study for the FCA, tested additional standards for price comparison websites that compare HCSTC products. It forms part of the evidence base used by the FCA in its recommendations for additional standards in response to the CMA’s final report on payday lending.

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It’s the Finance, Stupid! The Decline of Part-time Higher Education and What to Do About It – October 2015

Sector:
Client:N/A
Published: 29 October, 2015
Document type:Report

London Economics have contributed to a new Higher Education Policy Institute (HEPI) Report on part-time higher education. The analysis by Dr Gavan Conlon and Maike Halterbeck contrasts the methodology underpinning current official estimate of the RAB charge and that presented in previous work undertaken by London Economics for million+ and the IPPR. Given the differences […]

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The Economic and Social Impact of Cardiff University – October 2015

Sector:
Client:Cardiff University
Published: October, 2015
Document type:Report

London Economics undertook an in-depth economic impact analysis on behalf of Cardiff University. The analysis considered the economic  and social impact  of the university on the UK economy covering teaching and learning activities, research, the direct, indirect and  induced effect associated with the university’s physical footprint, as well as its contribution to exports arising from […]

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

Sector:Aerospace.
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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The Case for Space 2015 – July 2015

Sector:Aerospace.
Client:Innovate UK, the Satellite Applications Catapult, UKspace trade association and the UK Space Agency
Published: 14 July, 2015
Document type:Report

The UK space industry’s annual value grew to £11.8 billion in 2012-13, having grown at an average compound rate of 8.6% year-on-year since 2008-09, with a productivity some 3 times the UK average, according to The Case for Space 2015 report produced by London Economics and launched 14th July at the UK Space Conference. The […]

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The Death of the Saturday Job – June 2015

Sector:Education.
Client:UK Commission for Employment and Skills
Published: June, 2015
Document type:Report

Read London Economics’ report for the UK Commission of Employment and Skills on the extent of young people combining work with study.

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Future of Paying for Social Care in Wales – Second Report – May 2015

Sector:
Client:Welsh Government
Published: 06 May, 2015
Document type:Report

The Welsh Government has committed to introduce reform of the arrangements for paying for social care in Wales. As part of the policy development process, the Welsh Government commissioned LE Wales to undertake an independent research study on the future of paying for care in Wales. The work produced material for the Welsh Government providing […]

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Delivering Value from the Higher Education Estate – April 2015

Sector:
Client:AUDE/HEFCE
Published: 16 April, 2015
Document type:Report

The Association of University Directors of Estates (AUDE) has published the report ‘Delivering Value from the Higher Education Estate’ produced by Kilner Planning and London Economics. Delivering value from the estate is a core element of the Phase II Review of Sir Ian Diamond’s review into Efficiency and Effectiveness in Higher Education. The report documents […]

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The Impact of the Minimum Wage on Young People – March 2015

Sector:
Client:Low Pay Commission
Published: 18 March, 2015
Document type:Report

London Economics were asked by the Low Pay Commission to undertake an analysis of the impact of the recent slowdown and freeze in the national minimum wage on young people’s earnings and employment outcomes.

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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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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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The Earnings and Employment Returns to A Levels – March 2015

Sector:Education.
Client:Department for Education
Published: 22 March, 2015
Document type:Report

London Economics were commissioned by the Department for Education to analyse the returns to A levels. The core results indicated that compared to GCSEs/O levels, there are strong positive wage returns to A levels – irrespective of whether the individual goes on to complete further or higher qualifications. The full report is available here.

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Managing Money Online – Working As Well As We Think? – February 2015

Sector:
Client:Keep Me Posted campaign
Published: 03 February, 2015
Document type:Report

This study for the Keep Me Posted Campaign implemented a behavioural experiment and consumer survey in order to analyse consumers’ behaviour and perceptions when they receive transactional mail either by post or electronically.

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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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Economic Analysis of Business Models for Open Access Monographs – January 2015

Sector:Public Policy.
Client:Higher Education Funding Council for England, HEFCE
Published: 22 January, 2015
Document type:Report

The report looks at existing and emerging business models for open-access publishing of scholarly monographs (including scholarly editions, edited volumes and catalogues). A typology of business models is developed based on institutional setup, incentives for the participating parties and revenue sources. The analysis is informed by theoretical considerations and interviews with publishers and academics in […]

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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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Competition and Collaboration in UK Payment Systems – November 2014

Sector:
Client:Payments System Regulator
Published: November, 2014
Document type:Report

The report focuses on UK payment systems, with a particular focus on interbank payment systems.  It analyses the conditions for competition at different levels of the payments supply chain as well as the motivations, merits and potential drawbacks of collaboration among market participants.

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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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Reaching Higher: Reforming Student Loans to Broaden Access to Postgraduate Study – October 2014

Sector:Education.
Client:Institute for Public Policy Research
Published: October, 2014
Document type:Report

London Economics were commissioned by the Institute for Public Policy Research (IPPR) to model the costs to the Exchequer associated with the introduction of a loan scheme for postgraduate students.

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The Size & Health of the UK Space Industry 2014 – October 2014

Sector:Aerospace.
Client:UK Space Agency
Published: 09 October, 2014
Document type:Report

Since 1992, the UK Space Agency has been periodically surveying the UK space sector, and places a great deal of emphasis on the results of this study as a measure of industry performance. The UK Space Agency contracted London Economics to conduct the 2014 edition, covering the years 2011/12 and 2012/13. The objectives of the […]

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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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Cheating Risk from Online Essays – September 2014

Sector:Education.
Client:Ofqual
Published: September, 2014
Document type:Report

London Economics were commissioned by Ofqual to undertake a mystery shopping exercise of ‘student support’ services available online. To undertake the independent research, London Economics engaged with a number of online companies who offer to write essays for students. The commissioned essays were passed on to experts at Ofqual for subsequent marking, which demonstrated that, […]

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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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Projects Fit for Purpose: Delivering More with Less in the Public Sector – September 2014

Sector:Public Policy.
Client:Project Management Institute
Published: 08 September, 2014
Document type:Report

London Economics were commissioned by the Project Management Institute (PMI) to conduct an exploratory study of success factors in public sector project and programme management in the United Kingdom. The study forms part of PMI’s ongoing effort to understand what works in project management globally and to make these insights available to policymakers, project managers […]

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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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Assessing Value for Money in Sixth Form Education – June 2014

Sector:Education.
Client:Sixth Form College Association
Published: 16 June, 2014
Document type:Report

London Economics were commissioned by the Association of Sixth Form Colleges to undertake a detailed analysis of the value for money in Sixth Form education in England. Based on a number of merged data sets, the analysis demonstrated the exceptionally strong attainment outcomes achieved by students attending Sixth Form Colleges, as well as the superior […]

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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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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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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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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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New Specialist Sources of Capital for the Social Investment Market – April 2014

Sector:
Client:Social Investment Research Council
Published: 14 February, 2014
Document type:Report

This study, conducted jointly with The Social Investment Consultancy, examines potential sources of capital for the social investment market among eight previously under-researched institutional investor groups. It identifies two sets of opportunities for the UK’s growing investment market: –  risk finance capital to support UK social sector organisations, estimated at circa £500m; and –  a […]

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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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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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Modelling the Impact of Proposed Policies on Pubs and the Pub Sector

Sector:Competition, Regulation and Business.
Client:Department for Business, Innovation and Skills
Published: December, 2013
Document type:Report

This report to the Department for Business Innovation and Skills provides an independent analysis of the impact of the consultation proposals on gross and net pub closures and employment levels within the pub industry, using whatever robust evidence can be accessed, to inform the final stage impact assessment of the likely costs and benefits 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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Impacts of Second Level Domain Registration (SLDR) in the .uk Domain Space

Sector:Competition, Regulation and Business.
Client:Nominet
Published: November, 2013
Document type:Report

London Economics advised Nominet, the UK domain name registry, on the potential direct and indirect impacts of introducing of second-level (“.uk”) domain name registration in the UK. We advised Nominet on impacts as the form of their proposal changed in response to inputs from stakeholders. We used existing data and evidence sources to qualitatively describe […]

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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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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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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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Google Lunar XPRIZE Market Study 2013: Media Summary

Sector:Aerospace.
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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Partitioned Pricing Research: A Behavioural Experiment

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

London Economics was commissioned by the Office of Fair Trading to undertake a behavioural economics study into how partitioned pricing, which is the practice of splitting the price of a good or service into multiple components, affects consumer decision making. The study builds upon earlier research by London Economics for the OFT on the impact […]

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The Economic and Social Benefits Associated with Further Education and Skills: Learning for Those Not in Employment

Sector:Education.
Client:Department for Business, Innovation and Skills
Published: August, 2013
Document type:Report

The study provides a detailed analysis of the benefits associated with Further Education and Skills for learners not in employment. The findings in this report are based on a telephone survey of 1,955 learners not in employment who received or completed their learning in 2011/12. In addition to focusing on the wider benefits associated with learning and […]

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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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The Value of Lost Load (VoLL) for Electricity in Great Britain

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

As part of the documents for the Consultation on the draft Electricity Market Reform Delivery, the Department of Energy and Climate Change has published the report prepared by London Economics which estimates the value of lost load (VoLL) for domestic, small and medium sized businesses and industrial and commercial electricity consumers in Great Britain. VoLL […]

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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 Critical Path to Securing the Future of Higher Education in England

Sector:Education.
Client:N/A
Published: June, 2013
Document type:Report

Following the significant changes to higher education fees and funding arrangements, the IPPR commissioned London Economics to undertake a range of modelling to assess the resource flows occurring between the Exchequer, Higher Education Institutions and students/graduates. Ensuring fiscal neutrality to the Exchequer at all times, the modelling demonstrates the outcomes associated with a reduction in […]

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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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The Outcomes Associated with the BTEC Route of Degree Level Acquisition

Sector:Education.
Client:N/A
Published: May, 2013
Document type:Report

London Economics’ were commissioned by Pearson to undertake research on role of BTECs in offering pathways into higher education. The analysis was based on Labour Force Survey data over 16 years and assessed the outcomes in university achieved by learners with BTEC qualifications, as well as the outcomes of these learners in the labour market […]

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Higher Education Funding in England: Do the Alternatives Add Up?

Sector:Education.
Client:N/A
Published: May, 2013
Document type:Report

Amid questions about the sustainability of the Coalition Government’s reforms to higher education funding in England, a new report from the university think-tank million+ and London Economics, Higher education funding in England: do the alternatives add up? reviews the costs and benefits of two alternative funding proposals that have been put forward. The first alternative […]

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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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Are the Changes to Higher Education Funding in England Cost-effective? – Report

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

In association with million+, London Economics published the second Behind the Headlines report today identifying the expected economic costs and benefits associated with the changes to higher education fees and funding that took place in 2012/13. Alongside the full report, a summary of the document is also available.

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A Disaggregated Analysis of the Long Run Impact of Vocational Qualifications

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

London Economics were commissioned by the Department for Business Innovation and Skills to undertake an assessment of the long term effect of vocational education and training on labour market outcomes. We combined information from the Individual Learner Record (ILR) between 2002/03 and 2005/06 on learner attainment, detailed earnings information (between 2003/04 and 2009/10) and employment […]

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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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Secondary Analysis of 24 Waves of PIMS

Sector:Public Policy.
Client:UK Trade & Investment
Published: January, 2013
Document type:Report

London Economics performed a statistical and econometric analysis of data from 24 waves (6 years) of the UKTI Performance and Impact Monitoring Survey (PIMS). Probit models were fitted to explore the determinants of firm-level outcome measures including financial and qualitative benefits such as improved business performance and productivity. The analysis identified the quality of the […]

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What’s the Value of a UK Degree?

Sector:Education.
Client:N/A
Published: January, 2013
Document type:Report

In partnership with London Economics, University think-tank million+ publishes a new report “What’s the Value of a UK Degree?”. The report brings together information assessing the rates of return for the Treasury, taxpayers and individuals arising from investment in higher education.

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The Impact of Further Education Learning

Sector:Education.
Client:N/A
Published: January, 2013
Document type:Report

Based on a survey of 4,000 learners, London Economics assessed both the economic and wider benefits of learning associated with vocational education and training. The report also assessed a number of issues relating to deadweight loss and learners’ perceptions of loans in Further Education.

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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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An Exploratory Evaluation of the Next Step Service

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

The Next Step service is a nationally branded careers and skills advice service that is available free to adults in England aged 19 and over irrespective of their prior skills, qualifications and employment status. Since April 2012, Next Step has been rebranded as the National Careers Service. We merged Next Step administrative data with information […]

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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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Evaluation of the Impact and Cost Effectiveness of UKTI’s Regional Network Support

Sector:Public Policy.
Client:UK Trade & Investment
Published: October, 2012
Document type:Report

The study examined the impact and efficiency of the delivery of the services provided by UKTI’s regional network. The export support activities of UKTI’s regional teams are delivered by International Trade Advisers (ITAs) under contract, with different set ups being used across the nine English regions. The study explores the drivers of ITAs’ performance by […]

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Economic Impact Assessments of Proposals for Computer Trading

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

The report provides an evidence-based analysis of a number of proposals targeted at computer trading within financial markets, with some of these measures having been included in the European Commission’s proposal for a revised Directive on markets in financial instruments (MiFID II). These measures include: increasing tick sizes and introducing control by regulators of algorithms, […]

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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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Consumer Research for Cost-Benefit Analysis of Digital Radio Switch Over: A Supplementary Report to DCMS

Sector:Competition, Regulation and Business.
Client:Department for Culture, Media and Sport
Published: July, 2012
Document type:Report

The Department for Culture, Media and Sport has published the report “Consumer research for Cost-Benefit Analysis of Digital Radio Switch over: A supplementary report to DCMS” by London Economics in association with YouGov. The study presents results of supplementary research undertaken in 2012 into consumers’ willingness to pay for digital radio, building on London Economics’ […]

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Estimating the Impact of Training on Productivity Using Firm-level Data

Sector:Education.
Client:N/A
Published: May, 2012
Document type:Report

London Economics were commissioned by the Department for Business Innovation and Skills to undertake an assessment of the impact of publicly funded training on firm-level productivity. Firm-level analysis has traditionally been hampered by a lack of reliable and comprehensive data. For the first time in the UK, a matched employer-employee dataset with information on government […]

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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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Assessing the Deadweight Loss and Additionality Associated with Public Investment in Education and Skills

Sector:Education.
Client:N/A
Published: May, 2012
Document type:Report

London Economics were commissioned by the Department for Business, Innovation and Skills to undertake an analysis aimed at improving the current assessment of deadweight loss in the Further Education and Skills arena, where deadweight loss is defined as the extent to which government-funded training generates outcomes that are not additional to what would have occurred […]

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The Impact of Investment in Intangible Assets on Productivity Spillovers

Sector:Education.
Client:N/A
Published: May, 2012
Document type:Report

London Economics were commissioned by the Department for Business, Innovation and Skills to conduct a literature review of the evidence regarding the impact of investment in intangible assets on productivity spillovers. The review provides a summary of the theory underpinning the concepts of intangible assets, their measurement, as well as the theory of spillovers. We […]

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Evaluation of the Fiscal Stimulus Initiative

Sector:Public Policy.
Client:UK Trade & Investment
Published: March, 2012
Document type:Report

UKTI’s Fiscal Stimulus Initiative was a programme aimed at facilitating access to opportunities created by fiscal stimulus measures around the world in the wake of the global financial crisis of 2008/09. The project evaluated the performance of the programme and the effectiveness of the chosen implementation through consultations with UKTI specialists in the UK and […]

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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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Potential Impacts of Stamp Price Increases: Consumer Research

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

Consumer Focus has published the report by London Economics “Potential impacts of stamp price increases: Consumer research”. The study examines how consumers might react to stamp price increases in the context of potential rises following Ofcom’s Royal Mail price control, using an online choice experiment methodology. In particular, we analyse the extent to which consumers […]

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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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Debt Advice in the UK

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

This study describes the current debt landscape in the UK and highlights information gaps for further exploration. It consists of a comprehensive review of existing debt advice literature and research materials, supplemented by consultation with a wide range of stakeholders.

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Funding Debt Advice in the UK – A Proposed Model

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

The Money Advice Service (MAS) commissioned London Economics to examine how the costs of debt advice work undertaken by MAS could be allocated across a spectrum of creditors, whilst also considering the allocation of the debt advice costs within the current FSA fee blocks. The study concludes that Bank of England data on lending to […]

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The Impact of Competition Interventions on Compliance and Deterrence

Sector:Competition, Regulation and Business.
Client:Office of Fair Trading
Published: December, 2011
Document type:Report

The research, which consisted of a survey of more than 500 large companies and 300 SMEs, as well as a small survey of specialist competition advisers in legal firms, estimates that for each abuse of dominance case, 12 potential infringements are deterred; for each cartel case, 28 potential infringements are deterred and for each commercial […]

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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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Impacts of DLA on Working Age People in Wales

Sector:Public Policy.
Client:Welsh Assembly Government
Published: November, 2011
Document type:Report

The UK Government is currently in the process of introducing reforms to Disability Living Allowance (DLA). DLA will be replaced by a similar benefit called Personal Independence Payment (PIP). This study for the Welsh Government aims to assess the potential impacts of the change as they relate to working age adults in Wales. It first […]

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Impacts of AA and DLA on Older People in Wales

Sector:Public Policy.
Client:Welsh Assembly Government
Published: November, 2011
Document type:Report

This study draws on official data sources and on stakeholder consultations to review the current take‐up and use of income from two disability related benefits – Attendance Allowance (AA) and Disability Living Allowance (DLA) – and explores links with the demand for social care.  The research then uses this information to develop projections of the […]

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The Fiscal Impact of the Jackson Proposals: the Case of Employers’ Liability

Sector:Public Policy.
Client:Thompson Solicitors
Published: November, 2011
Document type:Report

The report estimates the fiscal impact of the Jackson Proposals for the reform of personal injury litigation funding arrangements on revenues and expenditures of government and public bodies. Based on survey data collected during Lord Justice Jackson’s investigation, we estimate the effect of the proposed measures on the volume of cases and the success fees […]

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Estimating the Value of Lost Load (VoLL)

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

This report for Ofgem estimates the Value of Lost Load (VoLL) for domestic and SME, industrial and commercial (I&C), and electricity producing gas consumers. VoLL represents the value that gas users attribute to security of gas supply and the estimates could be used to provide a price signal about the adequate level of security of […]

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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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Consumer Information on Broadband Speed and Net Neutrality Experiment

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

Ofcom has published the report by London Economics “Consumer information on Broadband Net Neutrality”. This study uses an economic experiment and behavioural economics to test the impact on consumers’ internet package choice of how information about packages is presented. Participants in the experiment were faced with different information frames, including the use of colour coding […]

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

Sector:Finance.
Client:N/A
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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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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Economic Benefits of an Internet Domain for Wales

Sector:Competition, Regulation and Business.
Client:Nominet
Published: November, 2011
Document type:Report

The report forms part of a 2-part study focused on the potential economic benefits that would arise from the introduction of sub-national, geographically specific top-level domains (“geo-TLDs”) in London and Wales. The study explores the transmission channels for possible economic costs and benefits based on a review of current research, a consultation with industry associations, […]

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Evaluation of Commercial Services Provided by UKTI Overseas Posts

Sector:Public Policy.
Client:Hong Kong Communications Authority
Published: October, 2011
Document type:Report

The study investigates 1) the scope for increased cost recovery from the services in support of UK-based exporters offered by UKTI’s overseas posts and 2) the structure of the market for these services, including the existence of synergies between UKTI’s overseas posts and other providers of services to UK exporters, such as consultants, business associations, […]

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Review of Company Surveys of Consumer Willingness to Pay to Reduce the Impacts of Transmission Infrastructure on Visual Amenity

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

In the context of potential measures to reduce the visual amenity impacts of existing transmission infrastructure, this London Economics study for Ofgem provides a critical review of willingness to pay evidence provided to Ofgem by the transmission operators. The first step of the review involved determining a current best practice model for WTP studies assessing […]

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Experimental Study on Non-geographic Calls

Sector:Competition, Regulation and Business.
Client:Ofcom
Published: September, 2011
Document type:Report

Ofcom has published the report by London Economics Experimental work on potential interventions in relation to non-geographic calls. The study uses economic experiments to investigate call price transparency for non-geographic phone numbers such as Directory Enquiries and customer support lines, and tests alternative regulatory interventions to improve price transparency to help consumers make more informed […]

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Estimating the Returns to Intermediate and Low Level Vocational Qualifications

Sector:Education.
Client:N/A
Published: September, 2011
Document type:Report

London Economics were commissioned by the Department for Business Innovation and Skills to undertake an econometric analysis of the earnings and employment returns to intermediate and low level vocational qualifications. The analysis involved the analysis of information from the Labour Force Survey between 1996 and 2009. The focus of the analysis was on the assessment […]

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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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An Assessment of the Economic Returns Associated with Higher Education Qualifications

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

London Economics were commissioned by the Department for Business Innovation and Skills to undertake an econometric analysis of the returns to higher education qualifications. The analysis involved the forensic replication of some previous research in the area using information from the Labour Force Survey. The focus of the analysis was on the assessment of the […]

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Estimating the Value of Educational Exports for the UK

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

London Economics were commissioned by the Department for Business Innovation and Skills to undertake a detailed assessment of the value of educational exports to the United Kingdom economy. The analysis consisted of an assessment of the value of higher education tuition fee and non tuition fee expenditure along with the value of research grants and […]

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A Feasibility Study Estimating the Value of Educational Imports from the UK

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

London Economics were commissioned by the Department for Business Innovation and Skills to undertake a detailed assessment of the value of educational imports from the United Kingdom economy. Where possible, the analysis consisted of an assessment of the value of higher education tuition fee and non tuition fee expenditure along with the value of research […]

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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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An Assessment of the Long Run Economic Returns Associated Education and Training Using DWP/ILR and HMRC Data

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

An assessment of the long run economic returns associated education and training using DWP/ILR and HMRC data

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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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Consumer Behavioural Biases in Competition

Sector:Behavioural.
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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Digital Radio Switchover: Willingness to Pay and Consumer Behaviour Research

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

The Department for Culture, Media and Sport has published the report Digital Radio Switchover: Willingness to Pay and Consumer Behaviour Research by London Economics in association with YouGov. The study assesses consumers’ willingness to pay for the various attributes of digital radio through a choice experiment, and examines consumers’ attitudes towards radio and the costs […]

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Review of Respite Care in Wales

Sector:Public Policy.
Client:Welsh Assembly Government
Published: March, 2011
Document type:Report

This review for the Welsh Assembly Government presents data on the volume and spend on publicly funded respite care services in Wales for both adults and children/young people, reports on consultations with carers, and makes a number of policy recommendations to the Welsh Assembly Government. The recommendations form the basis of a public consultation by […]

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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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The Contribution of Insurance Brokers to the UK Economy

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

The market for insurance products, like many other markets, is characterised by imperfect information by each party to the transaction, significant search costs to find the “best” deal, and asymmetric bargaining power. The report shows that insurance brokers play a key role in the marketplace by identifying the risks faced by clients, reducing insurance distribution […]

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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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Consumer Contracts

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

The OFT has published the market study on problems consumers have with contracts. To inform the market study London Economics in association with YouGov completed a behavioural survey of consumers combined with an economic experiment to investigate the features of contracts that cause most problems for consumers.

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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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Fostering Allowances and a Fees Framework for Foster Carers in Wales

Sector:Public Policy.
Client:Welsh Assembly Government
Published: October, 2010
Document type:Report

This research, by LE Wales and the Hadley Centre for Adoption and Foster Care Studies, was commissioned by the Welsh Assembly Government. The aim of the research was to provide a more defined methodology to estimate the costs to foster parents of bringing up a fostered child to be used as a basis for setting […]

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Small Business Cost of Capital

Sector:Competition, Regulation and Business.
Client:Association of Independent Gas Transporters
Published: October, 2010
Document type:Report

This report estimates the cost of capital for small independent gas transport (IGT)companies. The report was submitted to Ofgem as part of their consultation on the cost of capital for the legacy IGT sector in the UK as part of their normal 5-year review. London Economics has estimated the weighted-average cost of capital (WACC) for […]

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Returns to BTEC Vocational Qualifications

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

London Economics were commissioned by Pearson to undertake a detailed analysis of the earnings and employment effects associated with BTEC Qualifications. The analysis made use of information from 56 merged Labour Force Survey data sets to allow for an analysis of the marginal earnings and employment returns associated with these qualifications. The analysis also combined information […]

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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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A Graduate Tax: Would It Work?

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

London Economics were commissioned by million+ to consider the options surrounding a graduate tax as an alternative to the current system of fees and loans available to students. The analysis illustrated that a 1% graduate levy on earnings in excess of £15,000 achieved a cost-neutral impact for students/graduates, institutions and the Exchequer compared to current […]

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Review of Student Support Arrangements in Other Countries

Sector:Education.
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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Consumer Switching Experimental Economics Research

Sector:Public Policy.
Client:N/A
Published: September, 2010
Document type:Report

This study completed for Ofcom reports the results of an economic experiment that investigates different features of switching processes for consumers in the market for communication services. The economic experiment tests the impact of two main forms of switching process, Gaining Provider Led Processes (GPLPs) and Losing Provider Led Processes (LPLPs) on a set of […]

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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 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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Evaluation of UK Trade & Investment’s Global Entrepreneur Programme

Sector:Public Policy.
Client:UK Trade & Investment
Published: July, 2010
Document type:Report

London Economics was commissioned by UKT Trade & Investment to evaluate its Global Entrepreneur Programme (GEP). The GEP is underpinned by the view that entrepreneurs look beyond national borders for the most attractive sources of capital, talent, guidance and access to markets. The key objectives of the programme include attracting entrepreneur led, early stage high […]

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Modelling Student Support Arrangements As Part of the Browne Review of Higher Education

Sector:Education.
Client:N/A
Published: June, 2010
Document type:Report

London Economics were commissioned by the Open University to undertake some detailed financial modeling of the fees and students support arrangements facing part-time students ahead of the Browne Review of higher education. The analysis illustrated the impact of a number of different fee assumptions and approaches to the funding of part time students to illustrate […]

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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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The Economic Evidence on the Barriers Faced by Lone Parents in Wales in Accessing Employment and Training

Sector:Public Policy.
Client:Welsh Assembly Government
Published: May, 2010
Document type:Report

This research for the Welsh Assembly Government aims to study the relative importance of the various choices and constraints faced by lone parents in Wales and to establish a comprehensive list of the barriers faced by lone parents who wish to access work or learning.  

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The Impact of Price Frames on Consumer Decision Making

Sector:Public Policy.
Client:N/A
Published: May, 2010
Document type:Report

London Economics was comissioned by the Office of Fair Trading to undertake a behavioural economics study into how different price frames may impact upon consumer behaviour. The study uses experimental economics to test if consumers incur behavioural biases under five common pricing practices used by firms, including drip pricing and “3 for 2” offers. The […]

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Evaluation of OFT Competition Advocacy

Sector:Competition, Regulation and Business.
Client:Office of Fair Trading
Published: April, 2010
Document type:Report

London Economics was commissioned to conduct an evaluation of the impact of the OFT competition advocacy interventions. A survey of government officials illustrates that competition advocacy is valued by those receiving the advice, often resulting in changes to delivery and, in cases, to the very objectives of the policy. The report also explores, with the […]

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Competition in Upstream Sewage and Sludge Markets

Sector:Competition, Regulation and Business.
Client:Ofwat
Published: March, 2010
Document type:Report

This research provides Ofwat with an independent assessment of the level of ‘in-the-market’ competition that already exists in the upstream sewage and sludge sector in England and Wales; an assessment of the scope for increasing competition in the sewage and sludge markets; and some options for further developing upstream competition in sewage and sludge markets.

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Model of Estate Costs (MEC)

Sector:Education.
Client:N/A
Published: March, 2010
Document type:Report

London Economics were commissioned by AUDE (University Association of Directors of Estate) to update and restructure the previous model of the non-residential estate costs. The new model, the Model of Estate Costs (MEC) allows the estimation of annualised financial costs for different types of freehold, leasehold and licence non-residential estate (teaching, research, etc) and of […]

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Using Experiments in Consumer Research

Sector:Public Policy.
Client:N/A
Published: March, 2010
Document type:Report

Ofcom has published the report “Using experiments in consumer research” by London Economics. The work informs Ofcom about how behavioural and experimental economics can assist regulators in understanding consumer behaviour. The research implemented a controlled economic experiment which considered a number of options for improving the understanding of consumers when choosing telecommunication services funded through […]

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An Independent Review of the Evidence Base for UKTI’s Support for Firms in High Growth Markets

Sector:Public Policy.
Client:UK Trade & Investment
Published: February, 2010
Document type:Report

A study undertaken to review the rationale for supporting UK firms into high growth markets, incorporating an impact evaluation of UKTI’s pilot High Growth Market Programme.

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Evaluation of the Impact of the HM Prison Service Enhanced Thinking Skills Programme on Reoffending Outcomes of the Surveying Prisoner Crime Reduction (SPCR) Sample

Sector:Public Policy.
Client:Ministry of Justice (UK)
Published: 2010
Document type:Report

London Economics undertook an evaluation of the impact of a cognitive-behavioural offending behaviour programme (Enhanced Thinking Skills, or ETS) on the reconviction outcomes of treated prisoners. By combining new data collected as part of the SPCR survey and existing management information for the first time, the causal treatment effect (average treatment effect on the treated, […]

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Statistical Investigation of Needs Proxies

Sector:Public Policy.
Client:Independent Commission on Funding and Finance for Wales
Published: 2010
Document type:Report

This research was undertaken for the Independent Commission on Funding and Finance for Wales (the ‘Holtham Commission’). Using the funding allocation mechanisms for health, local government and schools in England, the research shows that it is possible to replicate these funding outcomes with a high degree of accuracy by using much simpler needs-based formulae. The […]

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Estimating the Price Elasticity of Demand for School Meals

Sector:Education.
Client:N/A
Published: 2010
Document type:Report

London Economics were commissioned by the School Food Trust to undertake an analysis of the relationship between the price charged for school meals and take up. The analysis involved an assessment of the academic literature relating to the elasticity of demand for food and food product with respect to price and income; an analysis of […]

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Review of the Customer Experience in the Employment and Skills System

Sector:Education.
Client:N/A
Published: 2010
Document type:Report

As part of its work on reviewing the employment and skills system from the perspective of the individual user, the UKCES has commissioned a literature review of the customer experience. The aim of this research is to review and analyse the available academic and publicly available research evidence and literature that details individuals’ experience of […]

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Space Exploration Review

Sector:Aerospace.
Client:British National Space Centre
Published: December, 2009
Document type:Report

In 2009 London Economics completed an economic analysis for the British National Space Centre (BNSC) of future business opportunities arising from future space exploration investment in the UK. The analysis used a cost-benefit approach and assessed the benefits to the UK in 6 areas: Tele-robotic and autonomous drilling providing access to inhospitable environments on earth […]

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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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An Assessment of the UK Discretionary Penalties Regime

Sector:Competition, Regulation and Business.
Client:Office of Fair Trading
Published: October, 2009
Document type:Report

In this published report by the OFT, London Economics studies the efficacy of the UK discretionary penalty regime. The study benchmarks the OFT regime against other main jurisdictions and frames it within the theoretical debate on the determinants of an ‘optimal’ penalties regime. The report informs this question by analysing the academic literature and providing […]

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Evaluation of a Sample of OFT’s Consumer Enforcement Cases

Sector:Public Policy.
Client:Office of Fair Trading
Published: October, 2009
Document type:Report

This study for the Office of Fair Trading reviews the effectiveness of six past consumer protection interventions by the OFT. The project carried out six case studies and in each case it identified the sources of consumer detriment and evaluated the reduction in consumer detriment attributable to the interventions of the OFT. The six cases […]

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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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Analysis of the Impact of Raising Private Fee Contributions on Participation in Further Education

Sector:Education.
Client:N/A
Published: July, 2009
Document type:Report

London Economics were commissioned by the Department for Business, Innovation and Skills to undertake a detailed econometric analysis of the impact of raising private fee contributions on participation in Further Education. The analysis was based on the survey of all Further Education Colleges in England, as well as a detailed analysis of the Individual Learner […]

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Road Testing of Consumer Remedies

Sector:Public Policy.
Client:N/A
Published: July, 2009
Document type:Report

Office of Fair Trading, London, July 9, 2009.

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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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Estimating the Economic Benefits of Healthy Eating

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

The School Food Trust commissioned London Economics to undertake an econometric analysis of the lifetime earnings associated with different levels and types of qualification attainment in the United Kingdom. This study made use of the National Pupil Database as well as the Labour Force Survey to assess the impact of healthy eating in schools at […]

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Review of Non-residential Social Care Charges in Wales

Sector:Public Policy.
Client:Welsh Assembly Government
Published: May, 2009
Document type:Report

A report with accompanying baseline assessment, produced by LE Wales for the Welsh Assembly Government, which provides an analysis of local authority charging for non-residential social care services and of the policy options for introducing more consistency in such charging.  

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London Living Wage Benefits Study

Sector:Education.
Client:N/A
Published: May, 2009
Document type:Report

A growing number of organisations have committed to providing the pay and conditions of the London Living Wage to all staff, including contracted support staff. London Economics were appointed by the Greater London Authority (GLA) Economics to undertake an independent study of the social and economic benefits to organisations (both buyer and contractor) and employees […]

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Innovation in the Water Industry in England and Wales

Sector:Competition, Regulation and Business.
Client:Department for the Environment and Rural Affairs
Published: February, 2009
Document type:Report

As part of the independent Cave Review of competition and innovation in water markets, London Economics undertook a benchmarking exercise of innovation across all water and sewerage companies in England and Wales. The work also provides international comparisons of innovation,, and assesses the barriers to innovation and how these may be addressed.  

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Extended Schools: Establishing a Baseline Methodology to Estimate the Impact of the Extended School Programme on Attainment

Sector:Education.
Client:N/A
Published: January, 2009
Document type:Report

London Economics were commissioned by the Department for Children, Schools and Families to establish a methodology for the evaluation of the Extended School programme. The analysis involved a detailed analysis of the National Pupil Database and Annual Schools Census, alongside administrative information relating to the Extended Schools initiative from the Training and Development Agency for […]

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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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Economic Benefit of the Consultative Committee for Professional Management Organisations (CCPMO)

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

The analysis involved an assessment of the current activities of the CCPMO member organisations, as well as estimating the economic benefit associated with obtaining professional qualifications and membership of professional organisations. The analysis illustrated that the lifetime premium associated with gaining professional qualifications and membership was in the region of £152,000 in today’s money terms. […]

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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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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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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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An Evaluation of the Tradeshow Access Programme

Sector:Public Policy.
Client:UK Trade & Investment
Published: September, 2008
Document type:Report

The key objectives of the evaluation were to 1) clarify the economic rationale for government support for trade fairs, and use this to determine the appropriate intervention model for TAP;  2) assess how and whether TAP meets its programme targets, for different groups (i.e. sponsors and participants) and in different markets; 3) separately determine the […]

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Impact Evaluation of the Tradeshow Access Programme (TAP)

Sector:Public Policy.
Client:UK Trade & Investment
Published: September, 2008
Document type:Report

London Economics was commissioned in August 2007 to undertake an impact evaluation of the Tradeshow Access Programme (TAP). The evaluation research involved a firm survey, a stakeholder consultation and a detailed quantitative and econometric analysis of programme impact and additionality. These research strands were then used to formulate a benefit-cost analysis, identify an economic rationale […]

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Development of an Approach to Distributing Supporting People Monies to Local Authority Areas

Sector:Public Policy.
Client:Welsh Assembly Government
Published: September, 2008
Document type:Report

LE Wales were commissioned by the Welsh Assembly Government to examine the feasibility of introducing a formula-based mechanism for the distribution of Supporting People funds to local authorities. There was no presumption that such a mechanism was feasible and the intention was that any such mechanism should reflect the distribution of ‘need’ for housing-related support […]

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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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Impact Assessment for Proposed Changes to UK Copyright Law

Sector:Competition, Regulation and Business.
Client:UK Intellectual Property Office
Published: June, 2008
Document type:Report

London Economics was commissioned by the UK Intellectual Property Office (UK-IPO) to provide an impact assessment of four different options for the revision of the current conditions for exemption from payment of music licensing fees for the public performance of musical work. The impact assessment sought to understand, and where possible quantify, the likely costs […]

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Analysis of the Regulatory Environment Facing the Owners of London Heathrow

Sector:Competition, Regulation and Business.
Client:London First
Published: June, 2008
Document type:Report

London Economics recently completed an analysis of the regulatory environment facing the owners of London Heathrow on behalf of London First. The report was launched by the Secretary of State for Transport – Ruth Kelly – on the 25th June 2008.

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Assessing Current and Potential Provision of Free School Meals

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

London Economics were commissioned by the School Food Trust to undertake a forensic analysis of the number (and proportion) of school children in England eligible for Free School Meals (not just those registered). The research was based on information from the Labour Force Survey, General Household Survey and Family Resources Survey. The findings illustrated that […]

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Review of Data Relating to Those Eligible to Teach Mathematics or Science

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

London Economics were commissioned by the Training and Development Agency for Schools to undertake an assessment of the centrally held Teacher Information Line data to better understand the supply of eligible teachers in maths and science. The work involves the detailed assessment of the TIL data alongside a primary analysis of the Labour Force Survey […]

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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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Interim Evaluation of Welsh Medium Teaching Schemes

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

This interim evaluation was undertaken by LE Wales and Dateb for the Higher Education Funding Council for Wales (HEFCW). The main objective was to assess the extent to which the Postgraduate Scholarship Scheme and the Postdoctoral Teaching Fellowship Scheme had been successful to date and to identify any lessons about their operation that might be […]

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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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An Analysis of Higher Education Student Finance Regimes in the United Kingdom

Sector:Education.
Client:N/A
Published: November, 2007
Document type:Report

London Economics were commissioned by Million+ to undertake an analysis of higher education funding and student funding regimes ahead of the parliamentary review taking place in 2009. The analysis involved modelling the current student support arrangements in relation to HEFCE resource allocation and current student support arrangements (maintenance grants and loans and tuition fees and […]

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A Review of Costs and Benefits Associated with Parenting Interventions

Sector:Education.
Client:N/A
Published: October, 2007
Document type:Report

London Economics were commissioned to undertake a full scale review of the UK and international evidence relating to the costs and benefits of parenting interventions. This piece of analysis aims at separating out the impact or parenting characteristics and parenting interventions on child outcomes and was a crucial piece of evidence for policymakers in the […]

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An Economic Impact Analysis for the Marylebone Cricket Club (MCC)

Sector:Public Policy.
Client:N/A
Published: September, 2007
Document type:Report

London Economics recently undertook an economic impact analysis for the Marylebone Cricket Club (MCC). This analysis assessed the impact of hosting major cricket matches at Lord’s on the local and London economies.

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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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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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Review of Statistical Planning Issues Underlying Welsh Medium Initial Teacher Training

Sector:Education.
Client:N/A
Published: March, 2007
Document type:Report

LE Wales advised the Welsh Assembly Government on an approach to modelling the supply and demand of initial teacher training (ITT) places for Welsh medium teachers as a contribution to the Assembly Government’s work on ITT intake planning. We also advised on appropriate data sources and on a definition of what constitutes a Welsh medium […]

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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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The Economic Benefits of a Degree

Sector:Education.
Client:N/A
Published: February, 2007
Document type:Report

London Economics were commissioned by Universities UK in association with PricewaterhouseCoopers LLP to undertake a review of the economic evidence relating to the benefits of higher education qualification attainment. The report illustrated the significant benefits from undertaking a degree; the variation of economic outcomes depending on a number of factors; as well as the likely […]

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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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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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Research into Payment Protection Insurance in the UK

Sector:Public Policy.
Client:Office of Fair Trading
Published: October, 2006
Document type:Report

The report reviews the relevant payment protection insurance market and analyses those characteristics of the market that may be limiting competition and giving rise to consumer detriment. The report also identifies a series of additional data that would be desirable to obtain to further the analysis of the sector.

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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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Evaluating the Cumulative Impact of Safety, Health and Environmental Regulation on the UK Industrial Coatings, Aerosols and Speciality Chemicals Sectors

Sector:Public Policy.
Client:Department for Business, Innovation and Skills
Published: August, 2006
Document type:Report

This report provides estimates of the cost of compliance with current safety, health and environmental regulations in excess of the minimum costs necessary to ensure current levels of protection, describes the perceived benefits of these regulations and sets out a number of proposals for reducing the cost of compliance with the current regulations while maintaining […]

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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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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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The Costs of Welsh Medium Provision in Higher Education Institutions

Sector:Education.
Client:N/A
Published: June, 2006
Document type:Report

In 2005, London Economics were commissioned by the Higher Education Funding Council for Wales (HEFCW) to undertake a study to determine in detail the additional costs that can be associated with delivery of courses and modules through the medium of Welsh. Our final report was presented to a sector seminar in September 2006 and HEFCW […]

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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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Study to Inform the Policy Review of the Aggregates Levy Sustainability Fund

Sector:Public Policy.
Client:Department for the Environment and Rural Affairs
Published: April, 2006
Document type:Report

This study undertaken assesses the costs and benefits of completed and current projects funded by the Aggregates Levy Sustainability Fund Programme during the period 2004 to 2007. It also aims to investigate whether continued funding after 2007 would provide value for money and, if so, what activities should be funded.

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Evaluation of the National Top-Up to the EU School Milk Subsidy in England

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

The report addresses the relevance, effectiveness and efficiency of the scheme; assesses the rationale for the National Top-Up scheme, including its suitability as a policy instrument for the consumption of milk by children in England; examines the effectiveness of the scheme in achieving its intended outcomes, giving consideration to the level and pattern of take-up […]

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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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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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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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The Cost Of Space

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

This report provides a methodology to calculate and benchmark the total cost of any higher education institution’s (HEI’s) non-residential estate in the UK.  

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Drivers of the Size of the HE Estate

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

he report develops an estate size benchmarking tool that is based on a statistically estimated relationship between the size of the non-residential estate and a number of drivers such as income, location, characteristics of the estate and composition of the student body.

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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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The Impact of Size-based Pricing on Mail Users

Sector:Competition, Regulation and Business.
Client:Postwatch
Published: July, 2004
Document type:Report

This report presents the results of London Economics’ study for Postwatch concerning the impact of the change to size based pricing (SBP) proposed by Royal Mail in August 2003. The proposal represents a major change to Royal Mail’s pricing structure and would affect most postal users to varying degrees. The proposed price changes vary greatly […]

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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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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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Wealth Creation from Science, Engineering and Technology

Sector:Education.
Client:N/A
Published: March, 2004
Document type:Report

The Engineering and Technology Board commissioned London Economics to undertake a study of the contribution of Science, Engineering and Technology (SET) to the wealth and quality of life in the United Kingdom. We use two approaches in estimating the contribution of SET in the economy: the contribution of those sectors of the economy that employed […]

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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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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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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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PR04 Scope for Efficiency Studies

Sector:Competition, Regulation and Business.
Client:Ofwat
Published: November, 2003
Document type:Report

This report for OFWAT provides an assessment of the scope for future operating and capital efficiency in the water and sewerage industries by using both a “top-down” and “bottom-up” approach. The top-down approach assesses the scope for future efficiency improvements by analysing past productivity trends in the water and sewerage industries and by undertaking a […]

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London and Foreign Direct Inward Investment

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

London Economics was commissioned by Greater London Authority (GLA) Economics to undertake a study on how London as a world city contributes to attract foreign direct inward investment (FDI) into the United Kingdom, and the risks to London’s attractiveness for FDI in the future. The report reviews recent trends in direct foreign inward investment into […]

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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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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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ICT and GDP Growth in the United Kingdom: A Sectoral Analysis

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

This report for Cisco Systems quantifies the contribution of Information and Communication Technologies (ICT) to output and labour productivity growth for twelve sectors of the UK. By using growth accounting methods, this study shows that the contribution of ICT to economic performance is substantial for most of the UK sectors.

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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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Assessment of the Benefits of Universal Postal Service to Consignia

Sector:Competition, Regulation and Business.
Client:Postwatch
Published: March, 2002
Document type:Report

The report for Postwatch evaluates and quantifies the benefits of Consignia’s (Royal Mail) Universal Service Obligation (USO). The study reports the results of the application of a general economic model using pricing and production decisions by a multi-product monopolist to the postal sector. The methodology employed uses demand and supply side models and techniques to […]

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Investigating the Use of Regional Economic Forecasting Models in Wales

Sector:Public Policy.
Client:Welsh Assembly Government
Published: January, 2002
Document type:Report

The report for Future Skills Wales reviews the economic forecasts and forecast models used by Education and Learning Wales (ELWa) and its partners, sets out a number of recommendations on how greater benefits could be derived from the forecasting-related activities, and examines how regional data and regional forecasts can be used in a skills’ gap […]

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Polarisation and Financial Services Intermediary Regulation

Sector:Finance.
Client:N/A
Published: July, 2000
Document type:Report

The report to the FSA studies the economic effects of a range of possible options for changes to the polarisation regime.

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