Reckon: Analysis of productivity trends
Reckon LLP report (36 pages, PDF) for Ofgem providing an updated analysis of productivity trends in various UK sectors. This was commissioned for Ofgem's updated proposals on the gas distribution price controls from 2008. The report includes a critique of a proposal put forward by the companies to base estimates of the rate of change of operating expenditure needs on an analysis of consumer price movements, instead of assumptions about input price and productivity trends.
For further information or advice please contact Franck Latrémolière or Geoffrey Randall.
Filed under Ofgem, Price controls, Reckon LLP.
