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).
We separate our work across a number of thematic areas of interest, encompassing the UK, Europe and global areas in our analysis. The company also produces 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.
STATA econometrics course (London) 23-25 April
Cambridge Econometrics is organising a public attendance STATA training course in London in April. The three-day course covers topics from data analysis and microeconometrics to dynamic and time series panel estimation.
See here for more detail, including prices.
Please contact Sophie Billington for more information or to book a place.
The macroeconomic impact of wind energy in Ireland
Cambridge Econometrics and Pӧyry Management Consulting, have recently undertaken analysis to assess the macroeconomic implications of an increase in wind energy capacity in Ireland. CE’s role in the project was to assess the impact on the Irish economy as a result of a change in the level of investment, a change in electricity prices and a change in imports/exports of electricity, brought about by an increase in wind generation in Ireland. The analysis was carried out using the E3ME model and found that investment in wind energy could have a small positive benefit for the Irish economy.
The report is available here.
Working Futures 2012-2022
The UK Commission for Employment and Skills has recently published the results of Working Futures 2012-22, the fifth edition of a major study carried out by Cambridge Econometrics and the Warwick Institute for Employment Research. Working Futures provides comprehensive employment projections for the UK, it's nations and regions, and, for the first time, for Local Enterprise Partnership areas in England, Economic Areas in Wales, Regional Skills Assessment areas in Scotland and Workforce Development Forum areas in Northern Ireland. The study meets a need within government, its partners and stakeholders, and among employers and individuals in the labour market, for information on current and future labour market trends to inform decision-making.
For more information contact Mike May-Gillings.
Green jobs and green skills
CE contributed to the new OECD publication on green jobs and skills. By combining quantitative and qualitative analysis, our chapter on the interaction between environmental and labour market policy discusses the possible employment benefits of reducing greenhouse gas emissions in Europe. It also suggests how some of the more negative impacts may be offset through policy intervention. The full publication is available here.
Regional Bio-economy project website launch
A major FP7 project with which Cambridge Econometrics is closely involved (BERST) has recently launched it's own website, from which interested parties can gain information about the research. The purpose of the project, which was launched in December 2013, is to undertake an assessment of the bioeconomy potential and strategies of a range of different regions in Europe, and in doing so gain understanding of the possibilities and challenges related to the enhancement of regional bio-based economies. The outcome of the project will be a toolkit and an operating bio-regional network which should ultimately be taken over by the EU Bioeconomy Observatory.
Please contact Ben Gardiner and Jon Stenning for more information.
A major EU study on Innovation
Cambridge Econometrics are part of a EY-led consortium that has just started working with DG Enterprise to develop a methodology and toolkit to implement and evaluate the impact of demand-side innovation policies. The project will run for three years. CE's primary role is to develop the national-level indicator framework and to pilot it in collaboration with selected member states. For more information contact Anthony Barker or Jon Stenning.
Working with Eurostat to develop Environmental Economic Accounts
Cambridge Econometrics is part of a consortium led by Sogeti supporting Eurostat produce physical environmental accounts data. CE will be producing early estimates of key economy-wide material flow indicators building on expertise it gathered carrying out a related scoping study for DG Environment in 2012. For more information contact Anthony Barker.
The macroeconomic impacts of European energy and climate policy
Cambridge Econometrics has recently made important contributions to two assessments of European energy and climate policy. The first of these looks out to 2050 and considers the implications of the EU's Energy Roadmap for European labour markets. The second contribution provided input to the European Commission's Impact Assessment of the proposed 2030 energy and climate framework, using the macroeconomic E3ME model.
For further information about either of these please contact Hector Pollitt.
UK recovery to taper off after 2014
- We expect growth to be led by household expenditure and investment.
- Robust growth is forecast for Construction, Information & communications and Financial & business services in 2014.
- Little rebalancing of the economy is expected in the medium term.
Cambridge Econometrics has released a new version of its UK Industrial forecast, with detailed macroeconomic and industrial forecasts to the year 2025. To view a full press release please see here.
For more information about the forecast and subscriptions to the Industrial service please contact James Stevens.
The macroeconomic effects of European shale gas production
In November, the International Association of Oil and Gas Producers (OGP) launched the study by Pöyry and Cambridge Econometrics on The Macroeconomic Effects of European Shale Gas Production. The study examines the impact that indigenous shale gas production could have on the energy markets and economies of the EU28 countries. Adopting a scenario approach, Pöyry modelled the impact of different levels of shale gas production on wholesale prices, import dependency and the power generation mix for the period 2020 to 2050. CE modelled the effects on job creation, GDP, industrial competitiveness and tax revenue using the E3ME model.
The report can be downloaded here.
UK Broadband Impact Study
The report for a study carried out by SQW in collaboration with Cambridge Econometrics and Dr Pantelis Koutroumpis (Imperial College London), shows that every £1 invested by the government in the rollout of superfast broadband will benefit the UK economy by £20. The study is the most in-depth and rigorous examination of the impact of broadband in the UK to date, and looks at the economic, environmental and social benefits of superfast broadband.
For more information, see here. The full report is available here.