Economic and Policy Analysis

“What are the policy options?” “Who is affected?” “What are the costs and benefits?” We help decision-makers answer these questions using a multitude of decision tools, including financial and economic impact modeling, survey design and implementation, statistical analysis, and market and econometric modeling. We apply these tools to help decision-makers define policy options and evaluate the costs and benefits of these policies on economies, industries, communities, and individuals, as well as society as a whole. We have researched and developed plant, firm, industry, and market models covering every major industrial sector. From Coast Guard rules on shipboard waste disposal practices, to assessing the safety of imported pharmaceutical ingredients, to wage and hour rules, to offshore drilling practices, to studies of the costs and benefits of mammograms, we’ve been there. We also help academic institutions and other organizations measure their performance and profitability through productivity, operations cost, and revenue analyses. Our staff includes Ph.D. economists/econometricians, social scientists, survey experts, program evaluation specialists, and financial analysts.

Regulatory Impact Analysis and Rulemaking Support
  • Regulatory scope
  • Industry profiles
  • Baseline industry practices
  • Producer and consumer surplus estimation
  • Benefit identification and quantification
  • Government Performance and Results Act (GPRA)
  • Paperwork Reduction Act (PRA)
  • Small Business Regulatory Enforcement Fairness Act (SBREFA)/Regulatory Flexibility Act (RFA)
  • Unfunded Mandates Reform Act (UMRA)
  • Office of Management and Budget (OMB) guidance
  • Executive Orders
    • 12866 and 13248 (Regulatory Review)
    • 12898 (Environmental Justice)
    • 13045 (Children's Health)
    • 13211 (Energy Supply, Distribution, and Use)
    • 13212 (Actions to Expedite Energy-Related Projects)
    • 13272 (Proper Consideration of Small Entities in Agency Rulemaking)
  • Public comment documentation, management, and response
  • Litigation support
Benefit-Cost Analysis
  • Marginal cost analysis
  • Distributional cost analysis
  • Life-cycle costing
  • Industry-specific tax considerations
  • Benefit identification and quantification
  • Benefit monetization
  • Present value analysis of benefits stream
Cost-Effectiveness Analysis
  • Efficient options
  • Marginal cost and effects
  • Cost and health impacts modeling
Financial Analysis
  • Discounted earnings before interest and taxes and cash flow analysis
  • Present value analysis
  • Affordability analysis
  • Corporate financial health
Statistical/Econometric Modeling and Analysis
  • Industry-specific market and multi-market models
  • Linear and non-linear regression modeling (using cross-sectional, time-series, and panel data)
  • Factor, principal component, and cluster analysis
  • Probability modeling
  • Simulation models
Input-Output Analysis
  • Direct effect inputs
  • Regional input-output modeling system
  • Community, regional, and national impacts
Data Collection and Management
  • Statistical survey and sample design
  • OMB clearance
  • Data collection (mail, phone, Web)
  • Data management
  • Focus groups
  • Expert elicitations
  • Data analysis
Ecosystem Service Valuation
  • Benefit transfers
  • Choice experiment modeling and contingent valuation
  • Stakeholder identification and assessment
  • Outreach to decision-makers

Projects

Three cylindrical power transformers suspended atop a utility pole
Economic Analysis to Support Final PCB Phase-Out

U.S. Environmental Protection Agency

photo of stacked storage barrels in a warehouse
Economics Analysis of Reporting Requirements Under the Toxic Substances Control Act

U.S. Environmental Protection Agency

Photo of a person wearing firefighting gear speaking into a handheld radio
Estimating the Economic Impact of NIST Grant Investments in Developing the Nationwide Public Safety Broadband Network

National Institute of Science and Technology

Photo of signage for Edwin B. Forsythe National Wildlife Refuge
Superstorm Sandy Choice Experiment Valuation Survey

National Oceanic and Atmospheric Administration

Photo of Cannon Beach shore, OR
Market Analysis for Oregon’s Ocean Resources and Blue Economy Sector

Oregon Business Development Department

Photo of packaged pills
Survey of Pharmaceutical Manufacturers, Processors, and Packagers

U.S. Food and Drug Administration

photo of molecular structure
Estimating the Market Demand for Personal Chemical Monitoring Devices

Environmental Defense Fund

graphic showing Economic Valuation Decision Tree
Assessing the Value and Economic Impacts of Coastal Engagement and Resilience Projects

National Oceanic and Atmospheric Administration, Sea Grant

Photo of Clinical Trial use medication and syringe laying on top of a medical form
Evaluating the Potential Impacts of Different Clinical Trial Strategies on Drug, Preventive Vaccine, and Therapeutic Complex Medical Device Development

U.S. Department of Health and Human Services

Photo of a robotic hand
Modeling the Cost of Developing a Complex Therapeutic Medical Device for the U.S. Market

U.S. Department of Health and Human Services

Workers wearing full protective gear while processing chicken in a food processing facility
COVID-19 Food Facility Assessment Survey Tool

Massachusetts Department of Public Health

Photo of a tall city building at night during a blackout with only the street traffic as illumination seen through the trees
Modeling the Economic Value of Space Weather Information

National Oceanic and Atmospheric Administration

Photo of various pills loosely piled on top of a stack of cash
Cost of Generic Drug Development and Approval

U.S. Department of Health and Human Services

photo of a line of cars and trucks in heavy traffic along a highway during a winter storm
Estimating the Value of National Weather Service Impact-Based Decision Support Services

National Weather Service

Photo of construction executives with hard hats and bright safety vests looking a blueprints
Regulatory Analysis Support for Updating Regulations under the Davis-Bacon and Related Acts

U.S. Department of Labor

photo of training manual on a table along with bottles of medication and a glass of water
Evaluation and Recommendations for the Massachusetts Medication Administration Program (MAP)

Massachusetts Department of Public Health

Aerial view of large oil offshore drilling platform surrounded by ocean
Input-Output Analysis

U.S. Department of the Interior

Screenshot of online New York Times page with headline "Study Finds Violations of Wage Law in New York and California" and a photo of a woman standing in front of a fast food restaurant, hands on hips, looking into the distance with anger in her eyes.
Estimating the Impact of Wage Violations on Minimum Wage Workers

U.S. Department of Labor

Aerial view of hurricane damage to a pier and other buildings along the U.S. coast
Estimating the Value of Restoring Ecosystem Services Following Superstorm Sandy

National Oceanic and Atmospheric Administration

Aerial view of a Gulf Coast barrier island surrounded by blue-green ocean water
Support for the Gulf of Mexico Regional Ecosystem Restoration Strategy

U.S. Environmental Protection Agency


Service Area Leads

Photo of Ayesha Berlind

A core aspect of my work involves applying my toolbox of analytical techniques to generate novel and creative ways to meet our clients’ data and research needs. This often involves learning new subject matter. I greatly enjoy this process as it feeds my natural curiosity and is very satisfying to deliver products that can help improve public health.

Ayesha Berlind

Photo of Janet Carpenter

Over my many years of work as an economist, I have learned that dialogue with clients, stakeholders, policymakers, and regulators is invaluable for providing information, real-world perspective, and nuance that is not available from any other source. These interactions help ensure that my analyses ring true with interested parties on all sides of an issue.

Janet Carpenter

Photo of Susan Day

I always appreciate when our government clients ask us to help them quantify the benefits and costs of actions they are considering. The more complex assignments, such as accurately characterizing behavioral changes under multiple compliance scenarios, put a premium on our creativity and experience.

Susan Day

Calvin Franz

At ERG, our economic projects often take us into uncharted territory where standard, regularly collected data are few or unavailable and the analytic path to answer our client’s questions is not obvious. This is exactly where I like to be! I find it deeply satisfying to explore new territory, address unique challenges, and use my expertise and creativity to develop approaches that provide meaningful, defensible results.

Calvin Franz

Photo of Charles Goodhue

As an economist, I have come to appreciate that the qualitative context—including co-benefits, benefits distribution, environmental and health impacts, and social and political obstacles—can be as essential to decision-making as the numerical outputs. I enjoy working holistically with my government and community clients to determine how best to meet their needs and communicate the results.

Charles Goodhue

Photo of Kelly Haverstick

The questions agencies need to answer generally are not straightforward. I greatly enjoy using my econometric skills to inform policy decisions and find it very fulfilling to use creative problem-solving in addressing my clients’ most challenging questions.

Kelly Haverstick

Lou Nadeau

Agencies tend to manage what can be readily measured, but with a large toolbox of analytical and data collection techniques and some creativity, so much more is possible! I am proud and inspired to apply my program evaluation and economic valuation expertise to help agencies manage better—by providing them with valid, reliable data to enhance decision-making and by effectively communicating this information to my clients, their stakeholders, and upper management.

Lou Nadeau

Aylin Sertkaya

Economic analysis has been my field ever since my early 20s, when I first discovered its complexities, potential, and power. At ERG, I’ve had the good fortune to work with great colleagues and clients to research issues and develop solutions for a wide variety of highly consequential public health questions. It has been a consistent joy to do work that is not only impactful but also a path of continuous learning and deepening.

Aylin Sertkaya