Is NIESR independent?
The National Institute of Economic and Social Research (NIESR) is an independent research organisation and registered charity based in Westminster, London. Founded in 1938, NIESR is Britain’s longest established independent research institute.
How is niesr funded?
We operate as a charity, independent of all party-political interests and receive no core funding from government or other sources. In achieving this, we regularly collaborate with leading academic research institutions, as well as governments and charitable foundations.
Who funds National Institute of Economic and Social Research?
The Institute receives no core funding from government or other sources. The bulk of funding comes from research projects awarded or commissioned by a variety of sources, all acknowledged in full in their published materials.
What is nigem?
Developed and maintained by the National Institute of Economic and Social Research (NIESR), NIGEM is the leading global macroeconomic model, used since 1987 by both policy-makers and the private sector across the globe for economic forecasting, scenario building and stress-testing.
What is economies of scope?
An economy of scope means that the production of one good reduces the cost of producing another related good. Economies of scope occur when producing a wider variety of goods or services in tandem is more cost effective for a firm than producing less of a variety, or producing each good independently.
What does the Adam Smith Institute do?
Beyond policy development, the organisation advocates free market ideas through the publication and distribution of literature, the promotion of Tax Freedom Day, the hosting of speaker events for students and young people, media appearances and blogging.
Does Amazon have economies of scope?
Amazon enjoys economies of scale far beyond their online competition, and they can use that power to offer hyper-aggressive prices and fast, cheap shipping. Its resulting scale advantages are staggering.
What are some examples of economies of scale?
Economies of scale refer to the lowering of per unit costs as a firm grows bigger. Examples of economies of scale include: increased purchasing power, network economies, technical, financial, and infrastructural. When a firm grows too large, it can suffer from the opposite – diseconomies of scale.
Is the Adam Smith Institute a charity?
Unlike some think tanks, the Institute chose not to retain charitable status, but instead it maintained the small Adam Smith Research Trust to fund mainstream academic educational projects.
What does NIESR stand for?
The National Institute of Economic and Social Research ( NIESR ), established in 1938, is Britain’s oldest independent economic research institute. The institute is a London -based independent UK registered charity that carries out academic research of relevance to business and policy makers, both nationally and internationally.
What is the importance of NIESR in economics?
An important output of NIESR has been a macroeconomic model called NiGEM (National Institute’s Global Econometric Model) which is used to produce quarterly forecasts for the UK and global economy (published in the National Institute Economic Review ).
What are the outputs of NIESR?
An important output of NIESR has been a macroeconomic model called NiGEM (National Institute’s Global Econometric Model) which is used to produce quarterly forecasts for the UK and global economy (published in the National Institute Economic Review ). Forecasts are also published for various other OECD countries.
Where can I find the National Institute of economic and Social Research?
National Institute of Economic and Social Research. 2 Dean Trench Street, Smith Square London, SW1P 3HE United Kingdom. +44 (0) 207 222 7665. Registered Charity #306083.