Economics and Econometrics

Economics and econometrics represent important skill sets and perspectives for much research to improve policy and decision making. The team of economists at RAND Europe is experienced in both quantitative and qualitative methods. We design research analyses, collect the information and data, conduct econometric and qualitative analyses, build and run the models, and communicate the findings. If additional expertise is required we are very well networked with a wide spectrum of external collaborators to call on for input and advice.

Featured Research

  • Man sits on a bed at night, photo by cliplab.pro/Adobe Stock

    12 Mar 2019

    How nightly bathroom trips affect health and productivity

    Nocturia —waking two or more times per night to void — is a common condition associated with lower life satisfaction, work engagement and productivity. An economic analysis also finds it costs up to $79 billion lost economic output per year across six countries.

Selected Research

  • Traffic on the streets of London

    Developing a New Transport Demand Model for the London Area

    18 Jun 2019

    With rising populations in London leading to higher demand on road and transport networks, Transport for London asked researchers to develop a new strategic travel model for London, which will be used to develop strategic land use and transport policy scenarios to assist with future investment in London’s transport systems.

  • Group of active, cheerful friends in the park

    Requiring repayment of incentives encourages greater wellness

    27 Nov 2018

    Wellness incentives are more successful when they provide a benefit up front and require repayment if recipients do not maintain a required level of activity, according to a longitudinal study of nearly 500,000 programme participants.

  • Container ships in a port at sunset

    Improved connectivity would benefit China's BRI

    08 Aug 2018

    Trade routes developed as part of the Belt and Road Initiative (BRI) aim to promote regional cooperation in Asia, Europe, and Africa. Improving multimodal transport infrastructure and connectivity in the BRI region would likely benefit all partners, and rail improvements would have the greatest impact.

  • Flowers lying on the grass after a terrorist atack in London

    The cost of terrorism in Europe

    06 Jun 2018

    Terrorism is negatively associated with economic growth in Europe. Between 2004 and 2016, the 28 EU member states lost around €180 billion in GDP terms due to terrorist attacks, in addition to the human toll through loss-of-life and injuries.

  • Google's self-driving car

    Would the EU Benefit from Common Liability Rules for Autonomous Vehicles?

    20 Apr 2018

    Researchers explored the potential impacts of AVs on European car manufacturers, the insurance industry, connected industries and markets, and those who provide public provision of services and supervise compliance.

  • Boys at the skateboard park in the West End of Glasgow

    Economic evaluation of the MCR Pathways PSP initiative

    16 Mar 2018

    Using data from ScotCen's evaluation of the MCR Pathways mentoring programme, RAND Europe is conducting a cost-benefit analysis to determine the economic value accruing from MCR participants' achievement of educational outcomes.

  • Exploring Trade Scenarios After Brexit

    12 Dec 2017

    The UK is likely to be economically worse off outside of the European Union under most plausible scenarios. Leaving the EU with no deal and applying World Trade Organization rules would lead to the greatest economic losses for the UK.

  • Euros and chart showing financial ups and downs

    Examining Growth-Enhancing Synergies between EU and National Budgets

    06 Nov 2017

    An analysis of EU- and national-level budgetary data and past EU recommendations found some synergies between EC fiscal and economic policy priorities and the contribution of the EU and national budgets, but more work that could be done on both sides.

  • EU (Italy) - Swiss border post

    Ending the Schengen Agreement Would Cost €2–3 Billion Annually

    13 Oct 2016

    The economic costs of European countries ending the Schengen Agreement and reintroducing border controls range in the billions of euros, with further political and social costs.