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.
UNEP Finance Initiative report examines the link between environmental risks and sovereign credit ratings
What happens when increasing populations and incomes lead to higher demand for resource-intensive food while climate change and resource scarcity disrupt food supply? A new report released today by the UNEP Finance Initiative and Global Footprint Initiative, with the quantitative analysis undertaken by Cambridge Econometrics, finds that this growing imbalance of food demand and supply will lead to higher food prices and food price volatility, ultimately resulting in material impacts on national economies. The report models the impact of a global food price shock on 110 countries to assess which countries face the greatest economic risk from the growing imbalance between food supply and demand. It summarizes the results in a ranking of countries according to impact on GDP and other macro indicators. The report was launched on 18 May at an event at the London offices of S&P Global Ratings, a partner in the project.
The report is available here.
The European Climate Foundation launches Cambridge Econometrics study on the effects of low-carbon transport policy on oil markets
The study, carried out by Cambridge Econometrics, Pöyry Management Consulting and The International Council on Clean Transportation (ICCT), examines the effects of low-carbon transport policies on long-term oil prices and the wider economy. The results presented in the study show that, in a world where climate policies are implemented to drive investment in low-carbon technologies, reduced demand for oil from transport would result in lower oil prices and net macroeconomic benefits in Europe.
See here, for more information.
UKCES publishes Working Futures 2014-24
The UK Commission for Employment and Skills (UKCES) has published the latest iteration of the Working Futures series of reports and forecasts – Working Futures 2014-24. This major project was again undertaken by a team from Cambridge Econometrics and the Warwick Institute for Employment Research. The Working Futures series has developed a reputation for credible and comprehensive employment projections for the UK and its nations and regions. It 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. The project drew on CE's long experience in modelling economic and labour market trends in the UK, its nations and regions, and its local areas and on our high quality databases. This edition included the provision of results for Local Enterprise Partnerships areas in England, Economic Areas in Wales, Regional Skills Assessment areas in Scotland and Workforce Development Forum areas in Northern Ireland.
The reports from the study can be found here.
For more information contact Mike May-Gillings.
Improving environmental policy assessment by incorporating the insights of behavioural and complexity sciences
This new paper lays out an advanced inter-disciplinary approach to environmental policy assessment that goes far beyond existing standard practice. It shows how traditional assessment methodologies adopt an unrealistic view of how people behave and suggests the widespread adoption of a new generation of modelling tools that incorporate insights from behavioural and complexity sciences, combined with in-depth policy and legal assessment. The result is a better understanding of how policy can address the drivers of and obstacles to take-up of innovations that can tackle environmental degradation. The paper includes findings from CE’s global model and addresses many of the issues about existing Integrated Assessment Models that have been raised recently by Lord Stern.
The Future of National Infrastructure
With the National Infrastructure Commission now grappling with its commitment to produce a first National Infrastructure Assessment during this Parliament, UK researchers have set out the principles for how that assessment could be carried out and have completed a comprehensive assessment of the future options for national infrastructure systems in Great Britain.
The book The future of national infrastructure: a system-of-systems approach is the product of five years of research by several groups who together form the UK Infrastructure Transitions Research Consortium (ITRC). Cambridge Econometrics (CE) contributed long-term economic projections from its UK energy-environment-economy model, MDM-E3, disaggregated by sector and UK region, to feed into the more detailed infrastructure models. CE provided a number of projections under a range of assumptions about future conditions to feed into the robustness analysis.
More information is available here.
Scoping study of the Aerospace Technology Institute
This project, led by SQW, carried out a scoping study to review, develop and recommend different monitoring systems and key performance indicators (KPIs) for evaluating funding programmes of the Aerospace Technology Institute (ATI). The project also established a baseline analysis of the aerospace industry against which future performance can be compared.
The full report is available here.
Energy Efficiency in Europe
The European Commission has recently published a study led by Cambridge Econometrics that assessed the economic and social impacts of investing in energy efficiency across Europe. The E3ME model was used extensively in the study and the results from the modelling fed into the official assessment of the EU’s 2030 energy efficiency targets.
The full report is available here.
En route pour un transport durable
Cambridge Econometrics has launched the latest report in the Fuelling Europe’s Future series commissioned by the European Climate Foundation. “En route pour un transport durable” examines the potential and implication for a transition towards low carbon light duty vehicles in France.
See here, for more information.
Cedefop launches the new Skills Panorama website on 1 December
On the 1 December at 11.00 (CET) Cedefop will launch the new Skills Panorama website. Skills Panorama turns labour market data and information into useful, accurate and timely intelligence that informs policy-makers about skills and jobs in Europe.
The new website will provide a more comprehensive and user-friendly central access point for information and intelligence on skill needs in occupations and sectors across Europe. The new Skills Panorama is intended primarily for policy-makers and experts. It provides them with a tool for developing evidence-based education and training and planning policy, including measures to tackle labour market mismatches.
Skills Panorama is brought to you by the European Commission and is powered by Cedefop. The Consortium composed of Fondazione Giacomo Brodolini, Cambridge Econometrics, RAND Europe and the University of Warwick’s Institute for Employment Research supported Cedefop by providing data analysis and intelligence on skills and labour markets for the new Skills Panorama.
Register for the online event at http://skillspanorama.cedefop.europa.eu/launch/ and learn more about the new Skills Panorama.
Like Skills Panorama on Facebook and follow it on Twitter and on YouTube.
For more information contact Rachel Beaven.