Denmark close to being European Competition Champion
This is the conclusion reached by Copenhagen Economics in a recent comment in the leading Danish business newspaper ‘Børsen’. The comment has been prompted by the release of the bi-annual report from the Danish Economic Council in November 2005. The report thoroughly discusses the state of competition in Denmark and calculates the gain in economic welfare Denmark could achieve if competition was as intense as in the United States. According to the Council, the welfare gain would be an astonishing 30 billion DKK. However, if these calculations are true and correct, Danes should be pleased by the fact that, in a European perspective, Denmark is probably the best among equals. The background study used by the Economic Council reveals that if competition in Denmark would be similar to Euro-land (an aggregation of Italy, France and Germany) then Denmark would experience a massive welfare loss. Why? Because competition is much more intense in Denmark than in Euro-land. For the Economic Council, this must be eye-opening as the Council previously repeatedly has concluded that competition in Denmark is weaker than in the rest of EU. Further information: Dr Claus Kastberg Nielsen See the comment in Danish
Copenhagen Economics Model reveals economics of anti-dumping
Anti-dumping measures are the most commonly invoked trade defence instrument in the EU, but they are only allowed when the interest of the Community as a whole calls for intervention. In order to highlight this sometimes briefly treated requirement, the Danish government commissioned Copenhagen Economics, in co-operation with Professor Joseph Francois, to develop an operational tool for economic impact assessments of anti-dumping measures. The resulting Copenhagen Anti-Dumping model allows for transparent and efficient analysis of the costs and benefits of imposing anti-dumping measures for individual Member States and for the Community as a whole. Application of the model to four recent anti-dumping cases reveals that the economics of anti-dumping measures are less favourable than commonly assumed in investigations. Further information: Mr Martin Hvidt Thelle Read the report online
Swiss services liberalisation; economic effects
Services play a significant role in modern economies, but regulatory barriers to services provision are often impeding the provision of services thereby preventing full exploitation of the economic potential. In a study prepared for the Swiss State Secretary for Economic Affairs (SECO), Copenhagen Economics shows that Switzerland can expect an increase in economic activity of up to 2 % in case of services liberalisation. For more information see the press release from SECO Further information: Mr Christian Jervelund Read the full report
TINE challenges the Norwegian competition authority
The Norwegian Competition Authority has notified dairy producer TINE that it may impose a fine of NOK 45 million (approx. € 5.8 million) for abuse of dominant position. In their reply to the competition authority, TINE refutes this claim. TINE argues that there is no proof of abusive behaviour and that TINE is not dominant in the relevant market. Copenhagen Economics has helped TINE define the relevant product and geographic market. The relevant market is a concept used to identify TINE's actual competitors which is a necessary first step in determining whether TINE has a dominant position. For more information, see the press release from TINE Further information: Dr Henrik Ballebye Olesen
Copenhagen Economics analyses the challenges for creating regional economic growth in the new Danish regions (in Danish)
The reform of the Danish public sector has lead to the creation of five large regions. Each region has established a Growth Forum (Vækstforum) tying politicians, businesses and regional knowledge institutions together in the challenge to create the best circumstances for regional growth. Copenhagen Economics was assigned the task of analysing the starting point in each region and pointing out the key strategic challenges in each region. To do so, we benchmarked each region on the four new growth drivers in the Regional Competitiveness Model and we mapped the growth and concentration of global industries in each region. The results are four summary reports setting the stage for the next phase of analyses and strategy development. National Agency for Enterprise and Construction; Growth Forum The challenges for growth in Region North Jutland The challenges for growth in Region Mid-Jutland The challenges for growth in Region South Denmark The challenges for growth in Region Zealand The challenges for growth in Region Bornholm A report for the area of Greater Copenhagen will appear here in January 2006. Further information: Mr Martin Hvidt Thelle