News

01-09-2006
Developing competition indicators and methodology for Norway
Copenhagen Economics has been awarded a project to develop competition indicators and methods for the Norwegian Ministry of Government Administration and Reform (FAD). The Ministry calls for a set of tools to be able to assess the effects of the competition policy in the country. The study will build on existing literature and on the experience from the practical use of competition indicators and methodology. We will proceed to assess what indicators and methodology that are suitable to be used in reporting purposes from the Norwegian Competition Authority and to make visible the effects of the competition policy. Further information Simen Karlsen
31-08-2006
Copenhagen Economics awarded prestigious contract
The European Commission represented by DG TAXUD has commissioned Copenhagen Economics to carry out a study on the economic impacts of differentiated VAT- rates on goods and services. "All across the Union, the pros and cons of differentiated VAT-rates are debated. With this study, we hope to bring clarity to the issue", says senior economist Christian Jervelund from Copenhagen Economics.
24-08-2006
Vacancies - Copenhagen Economics is looking for research assistants
Research assistants (in Danish)
24-05-2006
Øresundstrætheden synes at være overvundet

Efter en periode indtil 2004 hvor virksomhederne havde faldende forventninger, er de samlede forventninger til den fremtidige aktivitet over Øresund nu på det højeste niveau siden målingerne af integrationen blev indledt i 2001. Henholdsvis 63 og 64 procent af de svenske og danske virksomheder regner med at øge aktiviteten de næste 3-5 år. Det tegner derfor lyst for den fremtidige integrationsproces. Dog er arbejdsmarkedet stadig det område hvor integrationen er mindst, og det er på trods af at alle indikatorer har vist tegn på stigende arbejdsmarkedsintegration. Arbejdsløsheds-procenterne på de to sider af Øresund er stadig langt fra hinanden. Konjunkturerne er relativt ens på begge sider af sundet, men arbejdsløshedstallene divergerer med 4,8 procent på den danske side og 8,6 procent på den svenske. Tilsyneladende eksisterer der barrierer der forhindrer en gensidig udnyttelse hvor København får tilført arbejdskraft og Skåne får reduceret ledigheden. Integrationen over Øresund er målt i den seneste rapport om Erhvervslivets Øresundsindekset, udarbejdet af Copenhagen Economics på opdrag fra Øresund Industri & Handelskammare. Rapporten dokumenterer udviklingen i Øresundsregionen for sjette år i træk. Denne rapport er en opdatering af datagrundlaget og en sammenligning med situationen i de tidligere år. Læs rapporterne Øresundsindekset 2005 Øresundsindekset 2006 For yderligere oplysninger kontakt Martin Hvidt Thelle

24-05-2006
Swedish bottlenecks in conflict with competition rules

The current Swedish handling of internal bottlenecks in the electricity transmission network in Southern Sweden is in conflict with the EU competition rules. This is our main conclusion in a memorandom which we have recently prepared for the Danish transmission system operator on the electricity market, Energinet.dk. The Swedish transmission system operator, Svenska Kraftnät, currently handles internal Swedish congestion by reducing the capacity of the Øresund connection to East Denmark. So far, nobody have filed a complaint to the EC Commission against Svenska Kraftnät's policy towards internal bottlenecks. However, if a complaint was filed, we believe that the EU Commission would conclude that the current policy is an abuse of domianance and thus in conflict with Article 82 of the EC Treaty. In the memorandum, we argue that EU Commission could be expected to conclude that Svenska Kraftnät is dominant on the Swedish market for transmission and distribution of electricity in Sweden. We also argue that it is likely that the EU Commission would asses that it constitutes an abuse of this dominant position when Svenska Kraftnät handles internal Swedish bottlenecks by reducing the capacity of the Øresund connection. From a competition point of view, the problem is that by reducing the capacity on the Øresund connection Svenska Kraftnät is limiting the production of electricity in Southern Sweden to the benefit of Swedish consumers, but at a cost to Danish consumers. In addition, Svenska Kraftnät is limiting market integration between Sweden and Denmark. We conclude that the best solution to the internal bottlenecks in Southern Sweden would be market splitting with three separate Swedish price areas in (at snit 2 and snit 4) and no reductions of the capacity on the Øresund connection. This solution would create the price signals which are needed to create an effective market in both Sweden and the EU Read the report in Danish or in English Further information: Claus Kastberg Nielsen