Economic impact analyses are used to evaluate the effects of investments, policies, projects on a region’s economy. Expert economic advice is essential for an understanding of the benefits and costs of different policy options, the extent to which industry restructuring is desirable and the need for and most effective forms of regulation. Economic impact analyses look at future impacts of plans and regulatory changes as well as present value measures where possible providing information that is useful to decision-making on issues such as jobs, population, production, environment and output.

gsc economists have been involved in the provision of advice on how best to achieve efficiency and financial improvements through regulatory changes in a variety of sectors such as electric utility, water, communications, and transport sectors.