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.
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.
The Impact of Wind Energy on UK Energy Dependence
Cambridge Econometrics was commissioned by RenewableUK to assess the effects of wind energy on energy dependence and resilience in the UK. The study found that an increase in wind capacity in the UK would lead to a reduction in imports of gas and improved resilience against fossil fuel price shocks.
The report is available here.
Developing a toolkit for regional bio-economy
The BERST project, in which CE is a Work Package leader, has completed the first year of work. During this time, CE led work identifying and quantifying the drivers of regional bioeconomy, while other workpackages undertook the collection of a range of instruments & measures from regional stakeholders across the EU. During Year 2 of the project the toolkit will be further developed, bringing together information on the economic, social, environmental and political landscape of the EUs NUTS2 regions to provide guidance to regional policymakers.
Please contact Ben Gardiner and Jon Stenning for more information.
How many EU environmental targets?
The combined E3ME-FTT model was used in an assessment of possible environmental targets for the EU in 2030. In contrast to the results that are typically found in modelling approaches in which it is assumed that optimal outcomes are achieved, our modelling showed that there could be economic benefits to having targets for both GHG emission reduction and renewables shares. As explained in the paper, the reason is that Europe’s economy is not starting from an optimal position, either in terms of existing policy or in utilisation of economic resources.
For more information contact Hector Pollitt.
The Economic Impact of Modern Retail on Choice and Innovation in the EU Food Sector
Cambridge Econometrics, in a team led by EY France and also including Arcadia, has completed a major analysis of the impact of modern developments in retailing on the choice and innovation in products offered to EU consumers. Carried out for DG Competition, the project was based on some 11 million records of bar-code data for products grouped into 23 product categories for 343 shops in 9 EU countries over the period 2004-12. A number of metrics were constructed to measure different aspects of the choice made available to consumers and different kinds of innovation in products.
CE's role was to carry out econometric analysis to distinguish the role played by different potential drivers of choice and innovation, including the characteristics of the shops, the extent of competition among retailers both nationally and in the catchment area of each shop, the extent of competition among suppliers nationally in each product category, the importance of private labels in each product category nationally and in the assortment offered by each shop, as well as a range of socio-demographic and economic environment drivers.
The report was launched in Brussels at a conference addressed by the Director-General, Alexander Italianer.