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With a deep understanding of local conditions, we tackle complex issues from multiple perspectives to deliver innovative solutions
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Providing advice and forecasts in the area of energy sector investment
We provide expert advice on energy. Principal economics are experts in the field of energy economics with experience in developing and adopting economic models assessing energy issues in New Zealand.
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Fundamental uncertainty in the future climate requires new ways of planning
We offer a comprehensive range of services to support our clients in navigating the complex landscape of climate change and environmental issues. Our team of experts are experienced in conducting literature reviews, policy assessments, and decision making under conditions of fundamental uncertainty
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Housing depends on a range of factors, including affordability, location of jobs and preferences
Our team at Principal Economics encompass a unique combination of knowledge, experience, and skills suited for solving spatial and urban development and housing issues.
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We assist our clients in identifying the primary and secondary impacts of infrastructure investments.
Tourism
Valuing the direct and indirect benefits and costs of tourism
We have used different data sets alongside with our tourism modelling capabilities for evaluating the impact of a range of investments and policy initiatives in the tourism sector.
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Accessibility is the potential for interaction with locations dispersed over space
Our team currently lead some of the most important transport policy topics. This includes providing expert advice on transport equity, emission reduction policies and decision making under deep uncertainty.
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Economic impact analysis
Making decisions in uncertain times needs precise understanding of the costs and benefits. We can assist by identifying fiscal, economic and wellbeing benefits from your investment decision or policy intervention.
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Making decisions in uncertain times needs precise understanding of the costs and benefits. We can assist by identifying fiscal, economic and wellbeing benefits from your investment decision or policy intervention.
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Making decisions in uncertain times needs precise understanding of the costs and benefits. We can assist by identifying fiscal, economic and social benefits from your investment decision or policy intervention.
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In the rapidly changing global economy, it is increasingly essential to have a comprehensive understanding of macroeconomic dynamics and conduct a robust analysis of the economic environment to make informed strategic decisions.
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Making decisions in uncertain times needs precise understanding of the costs and benefits. We can assist by identifying fiscal, economic and wellbeing benefits from your investment decision or policy intervention.
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Making decisions in uncertain times needs precise understanding of the costs and benefits. We can assist by identifying fiscal, economic and wellbeing benefits from your investment decision or policy intervention.
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In the rapidly changing global economy, it is increasingly essential to have a comprehensive understanding of macroeconomic dynamics and conduct a robust analysis of the economic environment to make informed strategic decisions.
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Our team have led business cases for a range of sensitive topics.
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Our consultancy services are driven by the questions of clients, informed by robust evidence, shaped in collaboration with stakeholders, rooted in multi-deciplinary approaches and guided by principles of Economics. Our company is a Tier 2 AOG consultant.
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At Principal Economics, we are dedicated to making a positive impact on society and delivering value to our clients through our unwavering commitment to excellence and responsible business practices. As an economics consulting firm, we recognize the importance of addressing the pressing challenges of our time and striving for inclusive growth, community engagement, diversity and inclusion, ethics and integrity, health and safety, as well as sustainability.
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At Principal Economics, our approach to work is driven by a commitment to excellence, collaboration, and client-centricity. We leverage our expertise, draw inspiration from industry-leading organisations, and continuously refine our practices to ensure we deliver exceptional results. Here's an overview of how we work:
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Economic Impact of New Zealand's Second Emission Reduction Plan
CGE modelling of ERP2
This report uses CGE modelling to estimate GDP, employment and distributional impacts of the Emissions Reduction Plan 2 (ERP2), which delineates Aotearoa New Zealand's strategy to attain its emissions reduction objectives for the 2026-2030 period, alongside setting a path towards achieving long-term emissions reduction objectives.
Climate change adaptation and investment decision making
Aotearoa New Zealand suffers from an infrastructure deficit. Without the key infrastructure needed now for our economy to thrive, we deprive future generations from significant economic prosperity.
Review of Housing and Business Development Capacity Assessments
The Ministry for the Environment (MfE) appointed Principal Economics to review the Housing and Business Development Capacity Assessments HBAs). Our review included all councils’ HBAs, except for Rotorua and Wellington, which were not available at the time of this review.
Incorporating distributional impacts (equity) into the CBA framework
Transportation decisions can have large and varied impacts on travellers and their communities. It’s important to measure these effects and consider their impact on various groups when planning projects.
Business Development Capacity Assessment for Dunedin City
Dunedin City Council appointed Principal Economics to provide a comprehensive assessment of the sufficiency in development capacity of business land within Dunedin to fulfils requirements of the the National Policy Statement on Urban Development
See all Publications
Read inspiring publications that challenge conventional thinking by reframing current issues, igniting fresh conversations, and discovering innovative solutions.
Database of road transport elasticities
Emission reduction initiatives
We provide a comprehensive summary of potential policy areas suitable for emissions reduction. This inludes a review of policy areas including active transport, mobility as a service, ridesharing, telework, parking pricing, road user pricing, carbon taxes and more.
VKT Dashboard
This household and regional VKT dashboard showcases the power of using frontier data manipulation methods and granular IDI data
Drivers of House Price Growth
We provide an extensive review and test the factors of housing price growth in New Zealand. We assessed the level of agreement and certainty with the source of house price growth over the last fifty years.
See All Knowledge Hub
SURF
Transport equity
See All Articles
Contact Us
Our team
Chief Executive Officer
Eilya is the CEO of Principal Economics with extensive executive and consultancy experience. Eilya is experienced in managing large teams of applied researchers and has led a wide range of high-profile infrastructure projects.
Chris Parker
Chris Parker is a leading applied economist and policy advisor with deep expertise in urban economics, infrastructure, and cost-benefit appraisal.
Eugene Isack
Eugene has over a decade experience in the economics and planning consulting and is experienced in data analysis and transport and economic modelling, with specialised skills in geographic information systems (GIS), big data analysis, and is a registered Statistics IDI researcher.
Alina Fehling
Alina is experienced in data analysis and is interested in welfare, inequality and trade topics.
Ruyi Jia
Ruyi is specialised in economic modelling and data analysis, with a keen interest in advancing the energy sector in New Zealand.
Phil Donovan
Phil has over a decade consulting experience in the areas of transport, planning and economics. He is experienced in data analysis and a range of modelling, with specialised skills in programming and reproducible analysis with tools such as R, Python, SQL, Git(Hub), Docker, big data.
Emily Hendy
Emily is a skilled economist with expertise in statistical analysis, data interpretation, and reporting.
Insights
Search gave 6 results Articles
Dr Eilya Torshizian
Transformative Change, Infrastructure, Housing and Transport Investment
What Makes Urban Regeneration Transformative? Rethinking Appraisal Beyond This forthcoming paper investigates the concept of “transformative change” in urban regeneration and the implications for how major place-based investments are appraised....
Dr Eilya Torshizian
Affordable Housing Business Case
Evaluating Affordable Housing Investment: Evidence, Options, and Economic Trade-offs This forthcoming report examines how affordable housing investment options can be evaluated using robust, policy-aligned economic frameworks. It focuses on the...
Ruyi Jia | Dr Eilya Torshizian |
The standardised super-peak hedge product
Bringing Transparency and Liquidity to the Electricity Hedge Market Principal Economics is delighted to release our new report for the New Zealand's Electricity Authority, evaluating market-making parameters for a standardised...
Dr Eilya Torshizian
Alternative Transport Appraisal with a Focus on Land-use and Transport Integration
The Principal Economics team collaborated with a large team of frontier researchers and practitioners and developed a transport appraisal methodology that is grounded in an accessibility framework and integrates travel...
Dr Eilya Torshizian
Climate Policy, Trade, and Growth—What Changes and Who Pays
We applied our economy–energy–emissions framework to a national emissions budget, showing how targets translate into sector outcomes, investment, prices, and equity—an approach useful for Canada's federal, provincial, and municipal decisions....
Dr Eilya Torshizian
ESG planning with confidence using our extensive assessment of the government policies
What impact will the emission budget have on your company’s performance? How will it affect your supply chain, operational costs, and market opportunities? Are your ESG measures aligned with the...