making sense of place economics

Economic impact assessment

Economic impact assessment

Economic Impact Assessment

Assessing the economic impact of project investments requires effective techniques to define impact mechanisms and measure likely outputs and outcomes.

GENECON has been at the forefront of new impact assessment methodologies and has prepared many impact assessments to support investment decisions.

We have:

  • measured the effects of new business space provision on local enterprise development across the South East and North East;
  • developed the economic case for Carbon Capture & Storage in the North East
  • assessed the economic effects of housing regeneration in Newcastle's West End, across the Tees Valley and in East Birmingham;
  • advised on the economic impact of Yorkshire's heritage assets and the impact of visitor facilities at Hadrian's Wall and Lowther Castle;
  • assessed the economic value of investments in major cultural facilities, including Margate's Turner Gallery, Liverpool's Everyman Theatre and a new events arena in Leeds;
  • examined the local economic impact of arts programmes in Lancashire;
  • developed a national 'tool-box' for valuing the economic benefits of Green Infrastructure.