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

  • Exploring Trade Scenarios After Brexit

    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.

Selected Research

  • 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.

  • 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.

  • Analysing the Cost of Not Treating MS with a DMT

    31 Mar 2017

    An analysis of the costs of treating MS with disease modifying therapy, compared with the cost of not treating with DMTs, aims to take account of the cost impacts of the different treatments, including on the ability of people with MS to continue work and on their need for support from family members and other carers.

  • Case Studies Show Oxford AHSN Adds Value

    20 Sep 2016

    An evaluation of the Oxford Academic Health Science Network (AHSN) found that it is capable of promoting high quality care and delivering projects which improve patient outcomes at a cost that appears to represent good value for money.

  • Comparing Six DfID-Funded Growth Research Programmes

    23 Aug 2016

    A review of six DfID-funded programmes focusing on economic growth research compared the six over time, against each other, and against relevant benchmarks to capture their performance to date. Some questions included the programmes' governance arrangements, their level of regional engagement and how cost-efficient they were.

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

    14 Jun 2016

    Researchers are exploring 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.

  • Evaluating the Improving Flow Programme

    08 Jun 2016

    To help improve patient flow through the healthcare system, researchers are evaluating a novel programme that applies team coaching skills and improvement science at the care pathway level.

  • Exploring Funding Options for the NHS and Social Care in the UK

    03 Jun 2016

    To improve the quality of debate on the long-term funding of health and social care in the four countries of the UK, the Health Foundation has commissioned RAND Europe to carry out research on the public acceptability of different funding models.

  • Measuring Spillovers Between UK Public, Charity and Private Medical Research

    11 Apr 2016

    The King’s Policy Institute, the Office of Health Economics and RAND Europe developed a methodology to estimate how many pounds of pharmaceutical industry R&D is stimulated in the UK by public or charity spending on medical research.

  • Estimating the True Cost of Corruption in Europe

    22 Mar 2016

    Corruption—from paying bribes to exercising power, to giving privileged access to public services, goods or contracts—costs the EU up to €990bn annually in GDP, according to a study across all 28 EU member states.

  • Supporting the 'Britain's Healthiest Workplace' Competition

    30 Nov 2017

    For the last four years, RAND Europe has designed and run surveys, analysed results, and provided customised reports to organisations that participate in the annual Britain's Healthiest Workplace competition. The contest’s central aims are to raise awareness and gain a better understanding of how organisations can engage with the wellness of their employees.

  • Econometric Modelling Support to Link Research and Innovation to Jobs and Growth

    24 Nov 2015

    To improve policymakers' ability to model the impact of research and innovation reforms on jobs and growth across Europe, researchers are working to recalibrate the European Commission's QUEST III macroeconomic model.