Our Work

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

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 neces...

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Austerity and the relative success of English football teams

The impact of changes to the TV industry, the financial crisis and subsequent period of austerity appear to impact on the relative success of English football teams.   Here, our Director Hector Pollitt combines two of his passions: football and economics and puts forwards so...

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International trade – is more, better? Why economists need to take a new look at the role of international trade in the modern economy

Outdated theories, unrealistic assumptions… our understanding of international trade is skewed.  This latest blog by Hector Pollitt suggests that the 'more is better' assumption is too simplistic. In fact, he argues, the benefits of international trade are overplayed and it's ...

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Saving Santa and the North Pole’s economy

In this light-hearted blogpost our Director, Hector Pollitt wonders how an economist would set about modelling the economy of the North Pole and finds that the challenges are not insurmountable. But how on earth do you account for 'magic'?  Is there a currency? What about th...

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Offshore wind: the distinction between strike price and subsidy matters

On 11 September 2017 the UK government announced that two developers would commit to delivering 2.4GW of offshore wind capacity for a strike price of £57.50 per MWh generated from 2022/23, taking the industry by surprise. Comparisons to the £92.50 MWh required by the planned H...

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The GDP impact of the Copernicus space programme

We developed a methodology to estimate the GDP impact of space activities in Europe for DG GROW of the European Commission.

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Evaluating programmes to support aerospace technology

We developed a monitoring system with KPIs to evaluate the impact of the funding programmes of the UK’s Aerospace Technology Institute (ATI).

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The economic impact of modern retail on the EU food sector

This was a major project for the European Commission, led by Ernst & Young.

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