Technical Capacity
Data Analysis
We apply our technical skills in a range of data analysis methods to help our clients develop appropriate economic evidence and to use it in
policy making or implementation. We rely on our knowledge of the purpose of the work to deploy our data analysis expertise most effectively.
In addition to our work for policy makers, we assist clients seeking influence over policy in compiling, analysing and using economic evidence. Our skills in data analysis are also useful in making commercial decisions.
Modelling
Our experience in modelling includes:
- Financial models
- Technical-economic cost models
- Risk analysis
- Econometric, statistical and input-output modelling
Econometric analysis
We have expertise in all areas of econometric and statistical analysis, including cross-sectional, time-series and panel
data analysis. We know how to use econometric tools for efficiency studies, demand forecasting, trend analysis, hypothesis testing and
market research.
At the same time, we know that the data analysis that is feasible cannot always answer the relevant questions, and we are careful not to allow data analysis to be pushed beyond what it can reliably deliver.
We have practical experience of applying econometric methods to a range of issues across regulated and unregulated sectors of the economy, and are aware of the impact of data limitations on the reliability of empirical work, and of ways of mitigating that impact.
As well as conducting empirical analysis in particular cases, we can provide advice about the strengths and weaknesses of particular quantitative techniques and their relevance (or lack thereof) to specific real-world questions, and staff training in the use of quantitative techniques.