Research Sectors

We provide economic analysis across many sectors. The examples on this page have been grouped under five headings:

Healthcare & Life Sciences

  • COVID-19 and the cost of vaccine nationalism

    Without a vaccine, the worldwide economic impact of COVID-19 could be $3.4 trillion a year. But even when a vaccine is available, an unequal allocation of COVID-19 vaccines could cost the global economy up to $1.2 trillion a year in GDP.

  • Economic benefits of malaria control

    Investing in malaria vaccination for children in sub-Saharan Africa not only helps in reducing malaria cases and deaths, it could also have long term macroeconomic benefits according to an economic model researchers developed.

  • Understanding the societal burden of disease progression in multiple sclerosis

    MS is associated with high economic costs to society that go beyond the costs to the healthcare system, but researchers found limited evidence on the impact of disease progression on patients, carers, and society as a whole.

  • Requiring repayment of incentives encourages greater wellness

    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.

  • Making outcome-based payment a reality in the NHS: Phase 1

    Researchers assessed a new approach to paying for cancer drugs in England’s National Health Service based on achieved outcomes. Their findings may help to improve patient access to medicines and ensure value for the NHS.

  • Case Studies Show Oxford AHSN Adds Value

    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.

Innovation & Science

Macroeconomic Impacts

  • COVID-19 and the cost of vaccine nationalism

    Without a vaccine, the worldwide economic impact of COVID-19 could be $3.4 trillion a year. But even when a vaccine is available, an unequal allocation of COVID-19 vaccines could cost the global economy up to $1.2 trillion a year in GDP.

  • Economic benefits of malaria control

    Investing in malaria vaccination for children in sub-Saharan Africa not only helps in reducing malaria cases and deaths, it could also have long term macroeconomic benefits according to an economic model researchers developed.

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

    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.

  • Estimating the True Cost of Corruption in Europe

    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.

  • Future Internet Public-Private Partnership Can Help Europe Be More Competitive

    The Internet has transformed our daily lives and revolutionised the way we do business, and it promises to fuel economies and improve well-being in the future. But Europe has been slower than the US, Korea or Japan to capture the full benefits of the Internet economy. Investing in new technologies and applications has considerable economic potential for Europe, but only if some tough choices are made and barriers to EU international competitiveness can be overcome.

  • Assessing the Impacts of Revising the EU Tobacco Products Directive

    The European Commission is considering revising its Tobacco Products Directive and commissioned RAND Europe to help assess the key health, social, and economic impacts of five policy options under consideration. The study used a variety of qualitative and quantitative methods, including rapid evidence reviews and econometric and health-economic modelling techniques, to assess the economic and health effects of future regulation.

Social Policy

  • Estimating the True Cost of Corruption in Europe

    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.

  • Estimating the Value of Mobile Telephony in Mobile Network 'Not-Spots'

    Around 80,000 premises in the UK are located in areas without mobile phone coverage – referred to as “not-spots”. Residents and businesses in these areas would be willing to pay for a mobile phone signal, according to RAND Europe research. Further, these areas may not be sustainable in the longer term without a signal, due to the negative impacts on business profits.

  • Modelling the Demand for Postal Products

    The UK postal market has changed significantly over recent years with the introduction of greater competition and the development of new postal products. Royal Mail has commissioned RAND Europe to undertake choice modelling research to gain a more detailed understanding of how business customers choose different products under current, and a range of possible future, market conditions.

  • Consumers' Responsiveness to Alcohol Multi-buy Sales Promotions

    Multi-buy promotions have a large impact on which alcohol products consumers purchase, according to stated-preference research by RAND Europe for Her Majesty's Revenue and Customs. The overall impact on all alcohol purchasing is somewhat smaller, though still substantial: Moderate drinkers are more likely to be swayed by these promotions, but because hazardous and harmful drinkers purchase much higher volumes of alcohol, the absolute impact on these groups is higher.

Transport

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

    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.

  • How Much Are People Willing to Pay to Reduce Carbon Emissions?

    To combat climate change, the British government has thus far valued the cost of carbon emissions based on how much people should pay, rather than how much they are willing to pay, or the value they place on carbon emissions reduction. An analysis of a series of RAND Europe studies suggests there is an opportunity for a large consumer surplus — a social benefit — by introducing a carbon tax to pay for the damages caused by carbon emissions.