BAK has been conducting economic studies for cities, cantons and business locations since 1980. Thanks to these many years of experience, we now have a wide range of analytical and advisory skills at our disposal to answer questions relevant to the regional economy.
Data at the most precise level
The regional analyses carried out by BAK are based on the detailed model architecture, which allows the most precise data analyses, in Switzerland down to the municipality level.
Identify opportunities & risks
Identify the exogenous influences (e.g. trends, structural changes, etc.) at an early stage through regional analysis and adapt your economic policy decisions accordingly.
Evidence Based Decision Making
Act fact-based with well-founded analyses and forecasts.
Recognising and exploiting potential
Recognise your potential with the help of forecast indicators and analyses with the BAK models & integrate it into your work processes with our guidance.
Successful positioning in the intensifying location competition
BAK supports you by providing various methods for regional analysis.
BAK Analytical approach
The sector analyses carried out by BAK are based on the detailed model architecture, which provides accurate data on a municipality basis.
Find out which location factors are essential for choosing a location.
Accessibility is a concept that is used in various areas such as infrastructure and urban planning, but also marketing. The term has many meanings today. In general, it can be understood as the number of possibilities for economic or social life that can be accessed with a reasonable effort corresponding to the purpose. Accessibility thus refers to the quality of a geographical point, which results from its traffic relations to attractive other geographical points. It therefore follows that accessibility is the actual main product of transport systems.
For internationally active companies and institutions, access to procurement and sales markets plays a key role. Overcoming distances quickly helps to seize market opportunities.
The accessibility model of BAK Economics
Continuous innovation is the engine of development towards a knowledge-based and sustainably competitive economy for high-wage locations. However, innovation itself is not a clearly defined object or activity. Rather, innovation is a multi-layered and multi-stage process that can take many different forms.
Political stimulation of innovation and growth in a region
In order for Western Europe to maintain its high level of salaries and wealth in the medium term, it must extend its productivity lead over most of the world. Consequently, productivity must increase continuously, which requires a high density of innovation.
Education Knowledge Innovation Productivity
Regions in particular feel this pressure to innovate. A regional economy is not only exposed to the (cost) competition caused by globalisation, but also competes for innovation within the industrialised world. A region's goal must therefore be to stay ahead in the innovation competition.
Capturing innovation potential
BAK's approach makes it possible to draw a picture of a knowledge region with the aim of identifying a region's innovation potential and systematically comparing it with competitor regions that are of relevance due to their location or sectoral structure (= benchmarking). Based on this, ongoing monitoring of the development of the innovation potential is possible. In doing so, a region is not only considered as a unit; rather, the sectors significant for a region are also examined separately. The analyses draw on a variety of indicators that reflect the knowledge and innovation potential of the region and allow an international comparison.
What questions can be answered?
BAK's analyses show where a knowledge region stands in global competition: The innovation potential of the region as a whole, but also of the industries located in it, is recorded and compared with the selected competitor regions.
Quality of life
BAK Economics investigates the attractiveness of metropolitan regions for internationally mobile, highly qualified individuals. The availability of highly qualified employees is a key factor for the international competitiveness of locations and regions. Metropolitan regions in particular are increasingly trying to attract highly qualified workers in order to increase their competitiveness. The goal is to identify the strengths and weaknesses of regions as places to live and work for mobile, highly qualified workers. This should provide data and a basis for improving the quality of life for highly qualified workers in the regions, especially for the benefit of policy-makers. The analysis of cross-relationships between quality of life and other location factors is important in order to fully grasp and understand the relevance of quality of life as an input factor for the economic dynamics of regions.
Concept and methodology
BAK's investigation of the quality of life of the highly qualified is based on the BAK Quality of Life Index (BAK QoL Index), made up of mostly objective indicators. On the other hand, BAK commissions a survey of highly qualified people in the respective region to be investigated in order to directly incorporate the views of those affected. The total of 28 individual indicators are combined into three differently weighted areas: Economic environment, social environment and environmental conditions.
Regulations compensate for market failures and externalities. But regulations also generate costs: directly, in the form of administration and controlling, or indirectly, through incompatible incentives or government failure. The question of the optimal degree of regulation cannot be derived theoretically. For this, empirical studies must be used. Regulations intervene at many levels of an economic system and the relationship between economic growth and regulation is correspondingly complex.
The International Benchmarking Database contains two indicators for measuring the overall degree of regulation at the national level: product market regulation and labour market regulation.
The indicator for product market regulation is constructed "bottom-up". Among other things, it includes basic indicators describing the share of state ownership, state price regulations, administrative hurdles for companies or trade barriers.
The indicator for labour market regulation takes the legislation for worker protection into account.
The regulatory indicators cover the period 1980-2020. The general regulatory indicators summarise a broad spectrum of information, the individual components of which are weighted on the basis of a factor analysis. The time series for the development between the fixed years 1990, 1998 and 2003 are estimated. In doing so, BAK Economics considers sector-specific indicators of the OECD's International Regulatory Database and sub-indices of the "Index of Economic Freedom" published by the Fraser Institute (CATO Index). The approach of the CATO regulation index is comparable to that of the OECD and a cross-sectional comparison leads to similar country ratings.