Public Sector
Our Economic Consulting group use micro-economic theory and statistical, econometric and financial expertise to tackle complex policy questions. In public policy economics we have a track record of applying economic tools and techniques to a wide range of policy and delivery problems faced across the public sector.
What we do
- Complex Cost Benefit Analysis
- Market Mechanisms to deliver public services
- Implications of macroeconomic environment for public services
- Cost and efficiency diagnosis
- Impact assessment and other policy evaluation
- Competition Assessment
- Demand Projections
- Cost/ Pricing/ Incentive Modelling
Recent projects
- National Audit Office - we provided a literature review and structured interviews to understand the range of sanctions and rewards (financial, reputational and organisational) used to assist the delivery of PSA targets. Our work built on a questionnaire sent by the NAO to all 110 PSA owners, and fed into an NAO Good Governance Study.
- Finance Ministry of a Middle Eastern Government - we undertook an economic impact assessment of introduction of a VAT and/or a Corporation tax system. We examined the appropriate methodologies for the assessment, and assessed the impact under various scenarios of tax rates, and as a replacement to existing duties, fees and charges.
- London Procurement Partnership (NHS) – we reviewed the existing demand planning practices for Continuing Care patients used by London Primary Care Trusts (“PLTS”) for the London Procurement Programme, in order to identify the potential scope for improvements to future demand planning. We worked closely with users in PCTS to design and deliver an excel-based forecasting tool to project patient numbers on the basis of past trends and anticipated policy/delivery changes.
- Civil Aviation Authority - we reviewed the existing CAA Impact Assessment Policy, comparing it with the guidelines produced by the Better Regulation Executive; and produced a toolkit to support the implementation of the policy, presenting the findings of the review to CAA staff.
- HM Treasury - we were commissioned to estimate the potential proportion of the Global Islamic bond (sukuk) market London could attract and the potential benefits that could accrue as a result. The project comprised projecting future growth of the Global sukuk market and estimating the consequential gross value added of the potential proportion of the sukuk market London can attract.
For further information, please contact Michael Kell or please call 020 7936 3000.
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