Economic Statistics Centre of Excellence
Addressing the challenges of measuring the modern economy
The Economic Statistics Centre of Excellence at King’s Business School is a hub of world-leading expertise built around the analysis of emerging and future issues in measuring the economy. We believe economic measurement is centre stage to formulating economic policy and to improving economic outcomes.
About ESCoE“High quality economic statistics are vital for monetary policy decision making. ESCoE has supported the advancement of economic measurement, systematically connecting academic experts with producers of UK economic statistics. Examples of ESCoE’s positive impact on the construction of official economic statistics, which are important to monetary policy making abound: be it through new methods to produce CPI estimates using alternative data or methodologies for improving the measurement of GDP.”
Huw Pill, Chief Economist, Bank of England
“A significant amount of collaboration between the ONS and external organisations, most significantly universities, already exists….The Economic Statistics Centre of Excellence, based at King’s College London, is an excellent example of the mutual benefits of fostering partnerships with academia.”
Professor Denise Lievesley CBE
“The Management and Expectations Survey research by ONS and ESCoE is an exemplar of collaborative work between government and academics. It has shed new light on how better managed firms outperform their peers in so many dimensions.”
John Van Reenan, Chair of the Council of Economic Advisors to the UK Chancellor of the Exchequer and former ESCoE Research Associate
Colombo Building, Gate 4, High St
King's Business School, King's College London
King's College London
A repository of UK historical statistics and statistical publications ranging from aggregate macroeconomic data to industry-level data and financial market statistics
A commitment to working collaboratively and across disciplinary, institutional and national boundaries is at the heart of ESCoE's ambitions to be an international point of reference for economic measurement research. ESCoE provides a range of opportunities for joint working between the academic, policy-making and statistics professionals communities. These include secondments; in-depth partnership working; and opportunities to discuss and jointly develop surveys, results, methodologies and strategies to improve economic statistics.
Why ESCoE?Five years on from our founding in 2017, and as we approached the 2022 ESCoE Conference on Economic Measurement, we took the opportunity to look back over our activities and highlight some of the key achievements in our journey so far as the UK’s first-ever dedicated academic centre of expertise for economic measurement.
Read the reportOur report ‘Addressing the challenges of measuring the modern economy’ sets out what we’ve achieved in our first three years. With a foreword by Jonathan Athow (Deputy National Statistician and Director General, Economic Statistics, Office for National Statistics) and an introduction by Rebecca Riley (Director, ESCoE), the report details ESCoE’s work so far and our next steps.
Read the report
