Cambridge Econometrics is a leading independent consultancy specialising in applied economic modelling and data analysis techniques. We aim to provide rigorous, accessible and relevant independent economic analysis to support strategic planners and policy-makers in business and government, doing work that we are interested in and can be proud of (see more on our origins and ethos).
Our work covers a number of thematic areas of interest, encompassing the UK, Europe and global areas in our analysis. We also produce economic forecasts at macro, sectoral and regional levels, with a portfolio covering the UK and Europe, delivered through our client-access Knowledge Base.
This page shows a selection of some of our recent work. You can access the full range through the site menus. You can also follow us on LinkedIn.
Developing a toolkit for regional bio-economy
The BERST project, in which CE is a Work Package leader, is drawing to a close. The team will be presenting the toolkit during the Open Days of the Regions and Cities, on 14th October 2015 17:00-19:00 at Scottish House, Brussels.
The third newsletter from the project can be found here.
Please contact Ben Gardiner and Jon Stenning for more information.
CE has recently carried out a detailed assessment of the local economic effects of developing a CCS network in the Tees Valley. We applied input-output analysis to a detailed examination of the CCS supply chain and also assessed the economic value of the process industries that would be connected to the network.
Further information, including CE’s economic impact report, is available from the Tees Valley Collective website.
Updated forecasts for the regions and nations of the UK
CE has recently published it’s updated subnational forecasts for the UK. Moderate growth in GVA and employment in the medium-to-long term is expected to be driven by consumer and professional services, with London, the South East and the South West making the largest contributions to overall growth.
Click here to use our interactive tools to explore the forecast.
For more information contact Jon Stenning.
The Impact of Improved Vehicle Efficiency on Energy Dependency in Europe
Cambridge Econometrics was commissioned by the European Climate Foundation to consider the effects of fuel efficiency improvements to light-duty and heavy-duty vehicles on fossil fuel dependency and exposure to oil price spikes. The analysis was undertaken at the individual consumer level and for the economy as a whole. Three scenarios with increasingly ambitious vehicle efficiency improvements were modelled and tested under different oil price sensitivities. Our results show that, by improving the efficiency of cars, vans, trucks and buses, oil consumption in the EU can be reduced, leading to lower demand for imported crude oil and improving Europe’s energy independence. Moreover, consumers’ exposure to oil price shocks would be reduced, leaving them better-off in the event of oil price spikes, with small positive implications for the wider economy.
For more information contact Sophie Billington.
The Future of the City of London’s Economy
Cambridge Econometrics was commissioned by the City of London Corporation to assess the future direction of the City of London’s economy. The analysis included quantitative economic projections for the City and an assessment of the risks and opportunities to the City’s economy over the short-, medium- and long-term.
For more details, click here.
The Use of Discount Rates in Policy Modelling
Cambridge Econometrics was commissioned by Friends of the Earth to provide an independent review of the discount rates used when modelling future energy and climate policies. The analysis found that choice of discount rate is highly important. It is central to estimates of long-run costs and can influence whether more investment-intensive policies, including ambitious renewable and energy efficiency policies, are supported or not.
The final report is available here.
Fuelling Britain’s Future
Cambridge Econometrics, building on the success of the award-winning report Fuelling Europe’s Future, has undertaken a research project to assess the economic impact of decarbonising cars and vans in the UK. The project was commissioned by the European Climate Foundation and was informed by a core working group of experts in the motor vehicles industry as well as other interested stakeholders. The report "Fuelling Britain's Future" considers the economic impact of a series of forward looking scenarios that encompass alternative visions of Europe's future vehicle fleet.
For more details, click here.
LEP GVA Dashboard - Now with data to 2013
Cambridge Econometrics has developed a spreadsheet tool (LEP GVA Dashboard) that allows analysis, including graphical analysis, of GVA per capita and its components (productivity, employment rate, activity rate and dependency ratio) for each Local Enterprise Partnership.
For more information and to download the latest version of the tool, with data to 2013, click here.
Greater Cambridgeshire City Deal - Economic Prioritisation of Transport Schemes
Cambridge Econometrics and SQW have completed a study for Cambridgeshire County Council in which a tool was developed to enable the economic prioritisation of the transport schemes within the Greater Cambridge City Deal. The City Deal is structured in such a way that future tranches of funding are dependent on the performance of the schemes delivered through the initial funding. The tool allowed the Council to rank the transport schemes in and around Cambridge based on their ability to facilitate or enable extra housing and employment growth in the area, while taking into account the timescales for planning, construction and occupation of the relevant development sites. The final Transport Economic Assessment Report (TEAR) is available here.
For more information contact Mike May-Gillings.