Cost Modeling & Cost-Benefit Analysis
Cost modeling estimates the resources required to deliver a program, service, or policy. Cost-benefit analysis compares the costs of an intervention with its benefits and identifies which groups bear the costs and which receive the benefits. The firm monetizes costs and benefits where the evidence supports valuation and describes the remaining effects qualitatively.
Recent clients include The Wilderness Society, the National Association of Counsel for Children, Animal Protection New Mexico, the New Mexico Office of Family Representation and Advocacy, the Pacific Institute for Research and Evaluation, San Juan Citizens Alliance, the New Mexico Institute of Mining and Technology, Growing Up New Mexico, the New Mexico Children, Youth and Families Department, the New Mexico Public Education Department, the Thornburg Foundation, the Southwest Energy Efficiency Project, Western Conservation Action, and Explora.
Economic Impact Analysis
Economic impact analysis estimates the jobs, earnings, output, and tax revenue that a project, institution, or program supports. Estimates include direct spending and the business and household spending it sets off. The firm prepares impact studies of new projects and contribution studies of established institutions using IMPLAN and the RIMS II modeling systems.
Recent clients include the University of New Mexico, the Air Force Research Laboratory New Mexico, the New Mexico Finance Authority, the New Mexico General Services Department, Associated Universities, Inc., the McCune Charitable Foundation, the City of Albuquerque, and the Santa Fe Business Incubator. Kelly O’Donnell served as Deputy Cabinet Secretary and Acting Cabinet Secretary of the New Mexico Economic Development Department.
Health Economics
The firm analyzes the cost, financing, and use of healthcare in New Mexico. Work includes Medicaid policy, healthcare cost drivers, rural hospital finance, and community health needs assessments.
Recent clients include the University of New Mexico Hospital, UNM Sandoval Regional Medical Center, Southwest Care Center, Con Alma Health Foundation, Santa Fe County, and the Mid-Region Council of Governments. Kelly O’Donnell was a senior research fellow at the UNM Robert Wood Johnson Foundation Center for Health Policy.
Fiscal Policy
The firm analyzes how state and local governments raise, spend, invest, and save public money. Work includes revenue options and estimates, distributional analysis of tax proposals, bond sizing, reserve analysis, and the fiscal impact of tax incentives.
Recent clients include Western Resource Advocates, Bernalillo County, the City of Albuquerque, the New Mexico Building and Construction Trades Council, and the Rockefeller Family Fund. Kelly O’Donnell served at the New Mexico Taxation and Revenue Department as Senior Fiscal Economist and later as Director of Tax Policy. She serves on the New Mexico State Investment Council.
Regulatory Policy
The firm analyzes the economic effects of rules, licensing requirements, and utility regulation. Recent clients include the New Mexico Environmental Law Center, the Western Environmental Law Center, and The Wilderness Society. Kelly O’Donnell served as Superintendent of the New Mexico Regulation and Licensing Department from 2007 to 2011.
Housing Policy
The firm analyzes housing finance, supply, and affordability. Work includes public financing of affordable housing, land use and zoning policy, and the cost of new development.
Recent clients include Bernalillo County, the Middle Rio Grande Housing Collaborative, the New Mexico Finance Authority, and the University of New Mexico. Kelly O’Donnell served as chief research and policy officer at Homewise in Santa Fe.
Expert Testimony and Litigation Support
The firm measures economic damages and prepares expert reports and testimony for cases in federal courts and district courts in New Mexico and Texas. In personal injury and wrongful death cases, the firm estimates lost earning capacity, lost household services, and lost enjoyment of life. It also works on employment, commercial, public interest, and regulatory matters for plaintiffs and defendants.