Biography

The founder and Managing Director of PMCA Economic Consulting is Dr. Pat McCloughan, a leading consultant economist with over 20 years of professional experience in Ireland, the UK and internationally.

Dr. McCloughan’s qualifications, expertise and experience mean that he is active in all practice areas of economic consulting, including public policy, competition, regulation, economic strategy and litigation support.  He is named among the world’s leading competition economists in The International Who’s Who of Competition Lawyers and Economists published jointly by Who’s Who Legal and Global Competition Review.  He is also a reputed commentator on economic trends and developments nationally and internationally.

Prior to establishing PMCA in 2010, Dr. McCloughan was a director and senior economic consultant with an international economic consulting firm during 2005-2010 and 2001-2005 respectively.  Between 1993 and 2001, he was based at the University of Liverpool as a Lecturer in Economics and Director of Undergraduate Studies in the Department of Economics and Accounting (1998-2001).  During 1991-1993, Dr. McCloughan lectured in economics at the University of East Anglia (UEA).  His lecturing experience at these leading UK universities included the design, delivery and development of taught postgraduate and undergraduate economics and econometrics courses together with theses supervision of PhD and MBA students.

As well as leading over 150 economic consultancy assignments for public and private sector clients, Dr. McCloughan has also published extensively in peer-reviewed economics journals, including The Journal of Industrial Economics, Applied Economics, The International Journal of Industrial Organisation, Construction Management and Economics, Applied Economics Letters, Telecommunications Policy and The Economic and Social Review, the leading peer-reviewed economics journal in Ireland.  He has also published in various other outlets, including Global Competition Review and The Journal of Cross-Border Studies in Ireland.

Dr. McCloughan has also acted as an external referee in respect of assessing applications for publicly funded research initiatives available to higher education institutions and other research, development and innovation (RDI) organisations.

Among Dr. McCloughan’s original contributions to the field of economics are new techniques for the estimation of economic inequalities, in the form of the ‘McCloughan-Abounoori’ (‘MA’) estimators for the Gini coefficient (income and wealth inequality) and the concentration ratio (market structure).  These techniques have been applied to manufacturing and services markets in Ireland as well as construction markets in the UK plus World Bank data on income distributions in countries at different stages of economic development.

Pat has contributed numerous articles and letters in the national and international press, including The Financial Times and The Irish Times, and has commented on topical economic issues in the broadcast media (radio and television) in Ireland and the UK. He has also spoken at a number of events and conferences in Ireland, the UK and internationally.

As well as holding a PhD in Economics, gained from UEA in 1993, Dr. McCloughan’s other academic qualifications include a BA (Hons) in Economics and Mathematics and an MA in Economics (first class honours/distinction), both gained from the National University of Ireland Galway (NUIG).  His PhD thesis was examined by Professor Gavin Reid of the University of St. Andrews and the late Professor Paul Geroski of London Business School and former Chairman of the UK Competition Commission.  Both economists have made significant contributions to industrial organisation, which provides the economic foundation of competition policy and regulatory policy.  The university in which Dr. McCloughan gained his PhD in Economics in 1993 – UEA – is home to the UK Economic and Social Research Council (ESRC)-funded Centre for Competition Policy, the only publicly-funded centre of excellence in competition and regulation economics in the UK higher education system.  Among its founders are Professors Steve Davies and Bruce Lyons, who supervised Dr. McCloughan’s doctoral thesis at UEA – both academic economists have made enormous contributions to the field of industrial organisation and competition over the past few decades and Dr. McCloughan is proud to be associated with them.

Dr. Pat McCloughan has won numerous prizes and awards for his higher education achievements, including the award of Postgraduate Fellowship for his MA studies at NUIG and the award of Research Postgraduate Scholarship for his PhD work at UEA.  He won the (Europe-wide) 1992 Young Economist Essay Competition, awarded at that year’s Annual Conference of the European Association for Research in Industrial Economics, Stuttgart, Germany. This prestigious award is granted to young economists (under 30 years) who submit particularly outstanding and innovative research papers to the annual conference. In 1996, whilst lecturing in economics at the University of Liverpool, he was awarded a UK Economic and Social Research Council (ESRC) bursary to attend the University of Warwick Summer School for Research in Economics.  He also gained ERSC doctoral research awards to attend economic research conferences and workshops during his PhD studies at UEA.