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 Reenen, Chair of the Council of Economic Advisors to the UK Chancellor of the Exchequer and former ESCoE Research Associate
"I have discovered a fantastic resource run by the Economic Statistics Centre of Excellence (ESCoE) at King’s College London’s business school. On its website, you can gain access to UK national accounts going back to 1941, the very early days of GDP."
David Smith, Economics Editor, The Times
King's Business School, King's College London
Colombo Building
King's Business School, 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?ESCoE's impact summary highlights impact across our research projects and the broader benefits we have brought to economic measurement since 2017. From advancing the methods used to compile GDP and inflation statistics, to pioneering work on digital, green, and regional economies, the document highlights ESCoE’s role at the cutting edge of economic measurement. This has been delivered via research papers, novel surveys, new methods and using existing surveys and administrative data in new ways.
Read the report
