Publications

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

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

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

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Wealth Creation from Science, Engineering and Technology

Sector:Education and Labour Markets
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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A Synthesis of the Mid-term Evaluations of the FIFG 2000-2006

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

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

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

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

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

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Investigation of the Determinants of Farm-retail Price Spreads

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

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

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