Economic statistics are fundamental to evidence-based policy making and the decisions we all make. To serve their purpose, they need to keep up with constantly changing economies, drawing on new data sources and the best available methods.
The Economic Statistics Centre of Excellence (ESCoE) brings a research-led approach to measuring the economy. Established in 2017 with the support of the UK Office for National Statistics (ONS) and hosted at King’s Business School, ESCoE is a hub of expertise, supporting and delivering cultural change in the delivery of economic statistics.
The Centre is recognised as a world leader in economic measurement, uniting statistics producers, academics, policymakers and data users to raise the profile of key issues and tackle them collaboratively. To do this, ESCoE has a network of Research Associates, PhD students and partner organisations who use advanced tools from economic theory, econometrics and data science, mathematics and statistics to advance economic measurement.
ESCoE’s research areas include: labour markets and households; National Accounts; net zero, climate change and the environment; productivity, innovation and business dynamics; and Beyond GDP and inclusive wealth. The Centre also works on the measurement of time use, and a historical data repository and runs conferences, webinars, and workshops to inspire knowledge sharing and collaboration.
ESCoE is led by Professor Rebecca Riley, and supported by Research and Enterprise Director Paul Schreyer, Operations Director Sarah Sheppard and Engagement Director Darren Morgan. ESCoE has a wider Leadership Executive representing key partner institutions and an Advisory Board drawn from government, the private sector, the media and international organisations.
Partners include the ONS, King’s Business School, the Institute for Fiscal Studies, UNSW Sydney, and the universities of Cambridge and Strathclyde.