How we analyse the impacts of fiscal policy

Oxford Economics has a suite of scenario and impact models to help measure the economic effect of changes to the tax or regulatory environment. Combining these tools with in-depth company and industry analysis, our team can:

  • Analyse the impact of excise reforms on companies and governments—Oxford Economics is an expert in quantitative analysis of excise-tax reform and the implications for government revenues, specific industries and the economy as a whole. Our analysis includes considering both the appropriate type of tax (eg, ad valorem or specific) as well as the most appropriate level at which to set it, taking into account country-specific factors such as affordability. We also consider the design of excise-tax systems in the manner most appropriate  for dealing with fraud, smuggling, and bootlegging.
  • Analyse the impact of tax reforms for an industry sector and/or households—Our global macroeconomic model provides us with the dynamic framework for assessing how changes to the tax structure would impact public finances, households and the economy more widely.
  • Support businesses and trade bodies in preparing presentations to government on tax and regulatory issues—Oxford Economics is experienced in presenting credible research in the language and style that is accessible to policy makers and economists within government.
  • Assess the impact of government investment projects—Oxford Economics has experts in Cost Benefit Analysis (CBA) and Social Return On Investment (SROI) modelling, two key tools that enable us to gain a holistic picture of how government-funded projects or schemes have an impact on both the economy and society.
  • Advise on the appropriate regime for maximising returns from oil and other resources—our global macroeconomic and sectoral models enable us to take account of all the dynamic effects that follow from exporting oil and other resources. We look, for example, at how the competitiveness of other economic sectors can be affected by the resource sector (the so-called Dutch disease).