Our Work

Below is a small selection of the work that we’ve carried out. Click on a topic to see relevant projects.

UK economy is flat and becoming more unbalanced

GDP figures released today show the UK economy grew by 0.3 percent in the third quarter. This means economic activity has expanded by just 1 percent over the past year, less than half the trend long-term growth rate of just over 2 percent. If we look at progress over the cours...

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The impact of a carbon tax in the USA

Carbon taxes have largely failed to gain traction in the United States, despite being a key requirement for rapid decarbonisation at a local, state or national level. Policymakers and voters have declined to endorse them, concerned about costs to consumers and negative impacts o...

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Climate finance: climate-related scenario analysis

We help financial institutions plan for the future and implement the recommendations of the Task-force on Climate-related Financial Disclosures (TCFD) using our in-house macroeconomic model: We provide you with: national and global analysis of the transitional impacts ...

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No-deal Brexit: how bad could it be?

It was all supposed to be so easy but, with weeks to go, a no-deal Brexit is still a possibility amidst the political chaos. How bad could it be? Managing Director, Phil Summerton, explores the indicators. "There is no plan for no deal, because we’re going to get a great deal"...

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Thinking outside the mainstream – in praise of (some) economists

In defending their traditions, many economists reveal a lack of understanding of their own profession. Hector Pollitt, Head of Modelling, explains why that needs to change. First published on the Green Economy Coalition website. In August 2019, Andrew Simms wrote a critique...

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Transport strategy for the South East

Transport for the South East (TfSE) recognised that simply accommodating projected future road demand was incompatible with wider social and environmental objectives. TfSE therefore set out to develop a Transport Strategy for the South East to 2050 with a clear focus on balanc...

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Economic impacts of an energy from waste facility

Economic impacts of a new energy from waste facility assessed the economic contribution of Amey’s proposed waste management plant at Waterbeach, Cambridgeshire. It assessed how the direct footprint of the site creates value added and jobs through supply chains, both in the l...

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Carbon pricing is not a panacea: why I cannot support the EAERE’s statement

The European Association of Environmental and Resource Economists (EAERE) is the largest group of environment-minded economists in Europe. It has recently put out a statement on carbon pricing. Although many people who I respect have given their support to the statement, it is n...

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EU Carbon Leakage List post-2020

Cambridge Econometrics supported the European Commission to determine the post-2020 Carbon Leakage List. The Carbon Leakage List contains a number of (sub-)sectors which are deemed to face the risk of carbon leakage due to the EU Emission Trading System (ETS). This is signi...

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Trade modelling, supply and demand… and Brexit

In a previous blog post I wrote about how the positive impacts of trade may be exaggerated by standard models – and how the economic impacts of trade may not always be positive. I noted that simulations with Cambridge Econometrics’ post-Keynesian E3ME model would not necessa...

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