Professor Maxim Munday

Director of Welsh Economy Research Unit

: Media commentator
: Available for postgraduate supervision

Summary

Member of Cardiff Business School since 1990. Research interests in Welsh economy, the economics of inward investment, tourism economics, regional economics and policy, and on corporate restructuring.

Research on inward investment, regional economics and policy, have led to successful research bids and a wide range of consultancy work for organisations in both the public and private sector.

£4.3m of research and other income in period 2016-22
Directing research and evaluation process around UKRI Stength in Places Fund investment around Compound Semiconductor Cluster in South Wales
Co-I on a new EPSRC “TidAl Range schemes as configurable Grid-scale Energy sTorage facilities (TARGET, $1.4m).
Major £1.2m programme of EU research in Wales examining small firm impacts of access to superfast broadband services between 2016-20.
Directing 2017-2024 Economic Intelligence Wales research programme examining small firm finance.

Founder member of the Welsh Economy Research Unit, and Director. With WERU members, has been involved in a number of successful bids for research monies from private and public organisations.

Other roles include:

- Regular collaboration with regional institutions and anchor companies, both in terms of research, evaluation, services, and advice.
- Regularly asked to provide economic advice to Welsh Government and stakeholder organisations.
- Regular reviewer for journals including Tourism Management, Journal of Rural Studies, Regional Studies, Ecological Economics, European Journal of Ops Management, Energy Policy, Journal of Sustainable Tourism, Geoforum, Urban Studies

2019

Kapitsinis, N., Munday, M. and Roberts, A. 2019. Medium-sized businesses and Welsh business structure. Project Report. [Online]. Development Bank of Wales. Available at: https://developmentbank.wales/sites/default/files/2019-11/EIW Quarterly Bespoke report English.pdf
Dickenson, M., Hipwood, T., Jones, C., Munday, M., Roberts, A. and Willimas, R. 2019. EU transition trade prospects for key Welsh sectors. Project Report. Cardiff: Welsh Economy Research Unit.
Henderson, D., Jones, C., Munday, M., Roche, N., Roberts, A., Xu, C. and Norris, L. 2019. Digital maturity economic impact report 2018. Project Report. Cardiff: Cardiff University.
Kapitsinis, N., Munday, M. and Roberts, A. 2019. Equity clusters in Wales. Project Report. [Online]. Development Bank of Wales. Available at: https://developmentbank.wales/sites/default/files/2019-04/Equity Clusters Report_final.pdf
Henderson, D., Jones, C., Munday, M., Norris, L., Roberts, A., Roche, N. and Xu, C. 2019. Digital maturity survey for Wales 2018. Project Report. Cardiff: Cardiff University.
Kapitsinis, N., Munday, M., Roberts, A. and Williams, R. 2019. Export finance in Wales. Project Report. [Online]. Development Bank of Wales. Available at: https://developmentbank.wales/sites/default/files/2019-02/English_Bespoke Report_FINAL_25 Feb2019.pdf
Jones, C., Munday, M., Song, M. and Evans, N. 2019. Economic effects in the UK periphery from unconventional gas development: evidence from Wales. Energy 166, pp. 1037-1046.
Collins, A. and Munday, M. 2019. The race for sustainability. Cardiff University/Run4Wales. Available at: https://www.cardiffhalfmarathon.co.uk/event-info/sustainability/

2018

Crawley, A., Munday, M. and Roberts, A. 2018. How serious is a devolved data deficit? A Welsh perspective. Local Economy 33(8), pp. 862-876. (10.1177/0269094218820286)
Beynon, M., Jones, C., Munday, M. C. R. and Roche, N. 2018. Investigating value added from heritage assets: An analysis of landmark historical sites in Wales. International Journal of Tourism Research 20(6), pp. 756-767. (10.1002/jtr.2228)
Henderson, D., Jones, C., Munday, M., Reynolds, L., Roberts, A., Roche, N. and Scedrova, A. 2018. Digital maturity economic impact report for Wales 2017. Project Report. Cardiff: Cardiff University.
Henderson, D., Jones, C., Munday, M., Roche, N., Roberts, A., Scedrova, A. and Reynolds, L. 2018. Digital maturity survey for Wales 2017. Project Report. [Online]. Cardiff: Cardiff Business School. Available at: https://www.cardiff.ac.uk/__data/assets/pdf_file/0004/1137775/SFBBE-2016-National-Digital-Maturity-Survey-Report_final.pdf
Huggins, R., Waite, D. and Munday, M. 2018. New directions in regional innovation policy: a network model for generating entrepreneurship and economic development. Regional Studies 52(9), pp. 1294-1304. (10.1080/00343404.2018.1453131)

2017

Davies, R., Munday, M. and Roche, N. 2017. The experiences of participants in ESF funded training programmes. Welsh Economic Review 25, pp. 18-27. (10.18573/j.2017.10195)
Morgan, K., Munday, M. and Roberts, A. 2017. Local economic development opportunities from NHS spending: evidence from Wales. Urban Studies 54(13), pp. 3138-3156. (10.1177/0042098016658248)
Roberts, A. et al. 2017. Assessing the contribution of recreational sea angling to the English economy. Marine Policy 83, pp. 146-152. (10.1016/j.marpol.2017.05.028)
Crawley, A. and Munday, M. C. R. 2017. Priority sectors in city regions? Some issues from a study of the Cardiff Capital Region. Local Economy 32(6), pp. 576-589. (10.1177/0269094217728247)
Henderson, D., Jones, C., Munday, M., Norris, L., Roberts, A., Roche, N. and Scedrova, A. 2017. Economic impact report 2016. Project Report. Cardiff: Cardiff University.
Small, N., Munday, M. and Durance, I. 2017. The challenge of valuing ecosystem services that have no material benefits. Global Environmental Change 44, pp. 57-67. (10.1016/j.gloenvcha.2017.03.005)
Bryan, J., Evans, N., Jones, C. and Munday, M. 2017. Regional electricity generation and employment in UK regions. Regional Studies 51(3), pp. 414-425. (10.1080/00343404.2015.1101516)
Henderson, D., Jones, C., Munday, M., Norris, L., Roberts, A., Roche, N. and Scedrova, A. 2017. Digital maturity survey for Wales 2016. Project Report. [Online]. Cardiff: Cardiff Business School. Available at: https://www.cardiff.ac.uk/__data/assets/pdf_file/0004/1137775/SFBBE-2016-National-Digital-Maturity-Survey-Report_final.pdf
Henderson, D., Jones, C., Munday, M., Norris, L., Roberts, A., Roche, N. and Scedrova, A. 2017. Digital maturity survey for Wales 2016. Project Report. [Online]. Cardiff: Cardiff Business School. Available at: https://www.cardiff.ac.uk/__data/assets/pdf_file/0004/1137775/SFBBE-2016-National-Digital-Maturity-Survey-Report_final.pdf
Bere, J., Jones, C., Jones, S. and Munday, M. 2017. Energy and development in the periphery: a regional perspective on small hydropower projects. Environment and Planning C: Government and Policy 35(2), pp. 355-375. (10.1177/0263774X16662029)
McNabb, R. and Munday, M. 2017. The stability of the foreign manufacturing sector: evidence and analysis for Wales 1966-2003. European Urban and Regional Studies 24(1), pp. 50-68. (10.1177/0969776415593615)

2016

Beynon, M. J., Crawley, A. and Munday, M. C. R. 2016. Measuring and understanding the differences between urban and rural areas. Environment and Planning B: Planning and Design 43(6), pp. 1136-1154. (10.1177/0265813515605096)
Roberts, A., Roche, N., Jones, C. and Munday, M. 2016. What is the value of a Premier League football club to a regional economy?. European Sport Management Quarterly 16(5), pp. 575-591. (10.1080/16184742.2016.1188840)

2015

Court, C. D., Munday, M., Roberts, A. and Turner, K. 2015. Can hazardous waste supply chain 'hotspots' be identified using an input-output framework?. European Journal of Operational Research 241(1), pp. 177-187. (10.1016/j.ejor.2014.08.011)

2014

Jones, C. and Munday, M. C. R. 2014. The regional employment returns from wave and tidal energy: A Welsh analysis. Energy 76, pp. 958-966. (10.1016/j.energy.2014.09.012)

2013

Crawley, A., Beynon, M. J. and Munday, M. C. R. 2013. Making Location Quotients more relevant as a policy aid in regional spatial analysis. Urban Studies 50(9), pp. 1854-1869. (10.1177/0042098012466601)
Munday, M. C. R., Turner, K. and Jones, C. 2013. Accounting for the carbon associated with regional tourism consumption. Tourism Management 36, pp. 35-44. (10.1016/j.tourman.2012.11.005)
Groves, C. R., Munday, M. C. R. and Yakovleva, N. 2013. Fighting the pipe: neoliberal governance and barriers to effective community participation in energy infrastructure planning. Environment and Planning C: Government and Policy 31(2), pp. 340-356. (10.1068/c11331r)
Jensen, C. D., Mcintyre, S., Munday, M. C. R. and Turner, K. 2013. Responsibility for regional waste generation: A single-region extended input-output analysis for Wales. Regional Studies 47(6), pp. 913-933. (10.1080/00343404.2011.599797)

2012

Bristow, G. I., Cowell, R. J. W. and Munday, M. C. R. 2012. Windfalls for whom? The evolving notion of 'community' in community benefit provisions from wind farms. Geoforum 43(6), pp. 1108-1120. (10.1016/j.geoforum.2012.06.015)
Collins, A. J., Munday, M. C. R. and Roberts, A. 2012. Environmental consequences of tourism consumption at major events: An analysis of the UK stages of the 2007 Tour de France. Journal of Travel Research 51(5), pp. 577-590. (10.1177/0047287511434113)
Collins, A. J., Munday, M. C. R. and Roberts, A. 2012. Environmental Consequences of Tourism Consumption at Major Events: An Analysis of the UK Stages of the 2007 Tour de France. Journal of Travel Research 51(5), pp. 577-590. (10.1177/0047287511434113)
Bryan, J., Munday, M. C. R. and Bevins, R. E. 2012. Developing a framework for assessing the socioeconomic impacts of museums: the regional value of the 'flexible museum'. Urban Studies 49(1), pp. 133-151. (10.1177/0042098010396242)
Morgan, K. J., Munday, M. C. R. and Roberts, A. 2012. Project report: The economic impact of NHS procurement: A study of the Aneurin Bevan Health Board. Welsh Economic Review 23(Spring), pp. 33-34. (10.18573/j.2012.10439)
Collins, A. J., Roberts, A. and Munday, M. C. R. 2012. The environmental impacts of major cycling events: reflections on the UK stages of the Tour de France. Project Report. [Online]. Cardiff: Centre for Business Relationships, Accountability, Sustainability and Society (BRASS), Cardiff University. Available at: http://www.cardiff.ac.uk/cplan/sites/default/files/Tour-de-France.pdf
Cowell, R. J. W., Bristow, G. I. and Munday, M. . C. R. 2012. Wind Energy: might community benefit provisions grow community ownership of renewable energy resources?. Regions Magazine 287(1), pp. 12-14. (10.1080/13673882.2012.10554274)

2011

Munday, M. C. R. and Beynon, M. J. 2011. Input-Output Analysis: Foundations and Extensions, by Ronald E. Miller and Peter D. Blair [Book Review]. Journal of Regional Science 51(1), pp. 196-197. (10.1111/j.1467-9787.2010.00711_2.x)
Munday, M. C. R., Bristow, G. I. and Cowell, R. J. W. 2011. Wind farms in rural areas: How far do community benefits from wind farms represent a local economic development opportunity?. Journal of Rural Studies 27(1), pp. 1-12. (10.1016/j.jrurstud.2010.08.003)
Cowell, R. J. W., Bristow, G. I. and Munday, M. C. R. 2011. Acceptance, acceptability and environmental justice: the role of community benefits in wind energy development. Journal of Environmental Planning and Management 54(4), pp. 539-557. (10.1080/09640568.2010.521047)
Jones, C. and Munday, M. C. R. 2011. How far can we connect environmental improvement projects to new tourism activity? Evidence from the Environment for Growth project in Wales. Presented at: 1st Nordic Winter Conference of NS-RSA Regions: Sustainability,Growth & Policy, Hemavan, Sweden, 30 March - 1 April 2011.
Turner, K., Munday, M. C. R., McIntyre, S. and Jensen, C. D. 2011. Incorporating jurisdiction issues into regional carbon accounts under production and consumption accounting principles. Environment and Planning A 43(3), pp. 722-741. (10.1068/a43234)

2010

Groves, C. R. and Munday, M. C. R. 2010. Risk, uncertainty and obstacles to community representation: the case of the South Wales Gas Pipeline. Presented at: CSR and Stakeholder Engagement in the Extractive Sector, London.
Jensen, C. and Munday, M. C. R. 2010. Attribution and Jurisdiction: Can environmental input-output analysis be used to explore regional responsibilities for carbon dioxideemissions?. Presented at: RSA Winter Conference, London.
Jones, C. and Munday, M. C. 2010. Tourism satellite accounts for regions? A review of development issues and an alternative. Economic Systems Research 22(4), pp. 341-358. (10.1080/09535314.2010.526594)

2009

Collins, A. J., Jones, C. and Munday, M. C. R. 2009. Assessing the environmental impacts of mega sporting events: Two options?. Tourism Management 30(6), pp. 828-837. (10.1016/j.tourman.2008.12.006)
Beynon, M. J., Jones, C. and Munday, M. C. R. 2009. The embeddedness of tourism-related activity: a regional analysis of sectoral linkages. Urban Studies 46(10), pp. 2123-1241. (10.1177/0042098009339428)
Munday, M. C. R. and Williams, G. 2009. Comparing gross and net employment outcomes from structural fund programmes: Issues from the mid-term evaluations of the Objective 1 Programme in West Wales and the Valleys. Evaluation 15(2), pp. 225-246. (10.1177/1356389008101970)
Jones, C., Munday, M. C. R. and Roberts, A. 2009. Top down or bottom up? Issues in the development of sub-national tourism satellite accounts. Current Issues in Tourism 12(4), pp. 301-313. (10.1080/13683500802346177)

2008

Beynon, M. J. and Munday, M. C. R. 2008. Considering the effects of imprecision and uncertainty in ecological footprint estimation: an approach in a fuzzy environment. Ecological Economics 67(3), pp. 373-383. (10.1016/j.ecolecon.2008.07.005)
Beynon, M. J. and Munday, M. C. R. 2008. Stochastic key sector analysis: an application to a regional input-output framework. Annals of Regional Science 42(4), pp. 863-877. (10.1007/s00168-007-0172-0)

2007

Jones, C. and Munday, M. C. R. 2007. Exploring the Environmental Consequences of Tourism: A Satellite Account Approach. Journal of Travel Research 46(2), pp. 164-172. (10.1177/0047287507299592)
Edwards, T. J., Delbridge, R. and Munday, M. C. R. 2007. A critical assessment of the evaluation of EU Interventions for Innovation in the SME sector in Wales. Urban Studies 44(12), pp. 2429-2448. (10.1080/00420980701540960)
Jones, C., Munday, M. C. R. and Roche, N. 2007. Can regional sports stadia ever be economically significant?. Presented at: 54th Annual North American Meetings of the Regional Science Association International, 2007, Savannah, GA, USA, 7-11 November 2007.
Jones, C., Munday, M. C. R. and Roche, N. 2007. Can regional sports stadia ever be economically significant? Evidence from the Cardiff Millennium Stadium. Presented at: Regional Science Association International: British & Irish Section 37th Annual Conference, Bangor, NI, UK, 15–17 August 2007.
Morgan, K., Munday, M., Roche, N., Roberts, A. and Vanni, F. 2007. The impact of further education institutions on the economy of Wales. Welsh Economic Review 19(1), pp. 26-29. (10.18573/j.2007.10395)
Bryan, J., Munday, M. C. R. and Roche, N. 2007. The Welsh economy: A statistical profile. Contemporary Wales 19(1), pp. 248-275.
Collins, A. J., Flynn, A., Munday, M. C. R. and Roberts, A. 2007. Assessing the Environmental Consequences of Major Sporting Events: The 2003-04 FA Cup Final. Urban Studies 44(3), pp. 457-476. (10.1080/00420980601131878)
Munday, M. C. R. and Williams, G. 2007. Comparing gross and net employment outcomes from structural funds programmes: Some issues from the mid-term evaluations of the objective I programme in West Wales and the Valleys. Presented at: Western Regional Science Association 46th Annual Meeting, Newport Beach, CA, USA, 21-24 February 2007.
Beynon, M. J. and Munday, M. C. R. 2007. An Aggregated Regional Economic Input-Output Analysis within a Fuzzy Environment. Spatial Economic Analysis 2(3), pp. 281-296. (10.1080/17421770701549787)
Bryan, J., Jones, C., Munday, M. C. R. and Roche, N. 2007. A review of the regional tourism partnerships. Cardiff: Welsh Assembly Government.
Munday, M. C. R. 2007. Economic benefits: Welsh Forestry Commission Wind Farm tenders. London: Hyder Consulting.
Bristow, G. I., Bryan, J., Munday, M. C. R. and Roche, N. 2007. Review of the PBI Energise programme. Working paper. n/a.
Jones, C., Munday, M. C. R., Sartorio, F. and Bristow, G. I. 2007. Road user pricing: economic appraisal. Cardiff: Cardiff City Council.
Higgins, N., Jones, C. and Munday, M. C. R. 2007. COCO-2 Contract Report V1- Modelling the economic cost of an accident. Project Report. Health Protection Agency Centre for Radiation, Chemical and Environmental Hazards.
Munday, M. C. R., Roche, N., Christie, M. and Midmore, P. 2007. An index of sustainable economic welfare for Wales 1990-2005. Project Report. Countryside Council For Wales.
Munday, M. C. R. and Rhisiart, M. 2007. MSQA, scenario analysis and forecasting. Working paper. Cardiff, UK: Care Council for Wales.
Cowell, R. J. W., Bristow, G. I., Munday, M. C. R. and Strachan, P. 2007. Wind farm development in Wales: assessing the community benefits. Project Report. Cardiff: Welsh Assembly Government.
Munday, M. C. R. 2007. Job shake-out. Agenda:the journal of the Institute of Welsh Affairs Winter, pp. 41-43.
Bryan, J., Jones, C., Munday, M. C. R. and Roche, N. 2007. Review of the Regional Tourism Partnerships (RTPs). Cardiff Business School.
Jones, C. and Munday, M. C. 2007. The impact of heritage tourism on the environment. Presented at: Heritage and Environment Conference, Isle of Skye, UK, 20-22 June 2007.

2006

Beynon, M. J. and Munday, M. C. R. 2006. The elucidation of multipliers and their moments in fuzzy closed Leontief input-output systems. Fuzzy Sets and Systems 157(18), pp. 2482-2494. (10.1016/j.fss.2006.02.005)
Roberts, A. and Munday, M. C. R. 2006. Developing approaches to measuring and monitoring sustainable development in Wales: A review. Regional Studies 40(5), pp. 535-544. (10.1080/00343400600757726)
Beynon, M. J., Munday, M. C. R. and Roberts, A. 2006. Using DS/AHP to rank of sectors on their potential to strengthen regional economic development. Presented at: MCDM 2006, Chania, Greece, 19-23 June 2006.
Bryan, J., Jones, C., Munday, M. C. and Roberts, A. 2006. One NorthEast: identifying and assessing sector strengths using multi-sectoral qualitative analysis. Project Report. [Online]. One NorthEast. Available at: http://www.nerip.com/reports_briefing.aspx?id=208
Midmore, P., Munday, M. C. R. and Roberts, A. 2006. Assessing industry linkages using regional input-output tables. Regional Studies 40(3), pp. 329-343. (10.1080/00343400600631673)
Bryan, J., Munday, M. C. R., Pickernell, D. and Roberts, A. 2006. Assessing the economic significance of port activity: evidence from ABP Operations in industrial South Wales. Maritime Policy & Management 33(4), pp. 371-386. (10.1080/03088830600895600)
Beynon, M. J., Munday, M. C. R. and Roberts, A. 2006. Welsh economic development: the differences and similarities of DS/AHP and SMART analyses. Presented at: OR 48: annual conference of the Operational Research Society, Bath, UK, 11–13 September 2006.
Peattie, K. J., Hines, F., Jenkins, H. M., Munday, M. C. R., Thankappan, S., Williams, A. and Wells, P. E. 2006. Critical review of evidence for environmental impacts of UK households: sustainable consumption and production. Project Report. London: DEFRA.

2005

Edwards, T. J., Delbridge, R. and Munday, M. C. R. 2005. Understanding innovation in small and medium-sized enterprises: a process manifest. Technovation 25(10), pp. 1119-1127. (10.1016/j.technovation.2004.04.005)
Bryan, J., Jones, C. and Munday, M. C. R. 2005. Investigating the potential key sectors using multisectoral qualitative analysis : a Welsh case study. Environment and planning. C. Government and policy 23(5), pp. 633-656. (10.1068/c0438)
Bristow, G. I., Roberts, A., Martin, S. J. and Munday, M. C. R. 2005. Mid-term review of the Objective 1 programme for West Wales and the Valleys. Project Report. Cardiff, UK: CRG.
Beynon, M. J., Munday, M. C. R. and Roberts, A. 2005. Ranking sectors using fuzzy output multipliers. Economic Systems Research 17(3), pp. 237-253. (10.1080/09535310500221716)
Munday, M. C. R. 2005. Critical review of data for environmental impacts of household activities. London, UK: DEFRA.
Munday, M. C. R. 2005. Mid-term evaluation update of Objective 1 & 3 EU structural funding in Wales. Technical Report.

2004

Bryan, J., Jones, C. and Munday, M. C. R. 2004. An investigation of key growth industry sectors in Wales using multi-sectoral qualitative analysis. Presented at: 44th European Congress of the European Regional Science Association (ERSA 2004), Porto, Portugal, 25-29 August 2004.
Dewhuirst, J., Munday, M. C. R. and Roberts, A. 2004. Changes in manufacturing linkage patterns in Scotland and Wales: Hollowing out and foreign direct investment?. Presented at: 44th European Congress of the European Regional Science Association (ERSA 2004), Porto, Portugal, 25-29 August 2004.
Jones, C. and Munday, M. C. R. 2004. Evaluating the Economic Benefits from Tourism Spending through Input-Output Frameworks: Issues and Cases. Local Economy 19(2), pp. 117-133. (10.1080/0269094042000203063)
Roberts, A., Dewhurst, J. and Munday, M. C. R. 2004. Changes in manufacturing linkage patterns in Scotland and Wales: hollowing out and foreign direct investment. In: Bojar, E. ed. The Role of FDI in Competitive Economy. TNOiK "Dom Organizatora", pp. 63-80.
Munday, M. C. R., Pickernell, D. and Roberts, A. 2004. Building for the future: housing-related sectors and the Welsh economy. Local Economy 19(3), pp. 212-225. (10.1080/02690940410001692386)
Munday, M. C. R. and Matthews, K. G. P. 2004. Accounting for tourism activity in Wales. Regions Magazine 252(1), pp. 29-31.
Bryan, J., Jones, C., Munday, M. C. R. and Roberts, A. 2004. Regional and national tourism satellite accounts in the UK. Presented at: Regional Science Association International: British and Irish Section, 34th Annual Conference, Cork, Ireland, 18th - 20th August 2004.
Jones, C. J., Munday, M. C., Bryan, J., Roberts, A., McNicoll, I. and McLellan, D. 2004. UK tourism satellite account - first steps project. London: Department for Culture, Media and Sport. Available at: http://old.culture.gov.uk/images/research/tsafirststepprojectreportpt1.pdf
Mariotti, F., Delbridge, R. and Munday, M. C. M. 2004. Networks of learning: How motorsport companies collaborate and share knowledge. Project Report. [Online]. Cardiff: Cardiff University. Available at: http://www.aimresearch.org/uploads/pdf/Academic%20Publications/Non%20AIM/networksoflearning.pdf
Munday, M. C. R., Bryan, J., Jones, C. and Roberts, A. 2004. Input-output tables for Wales 2000. Cardiff University.
Roberts, A., Driffield, N. and Munday, M. C. R. 2004. Inward investment, transactions linkages, and productivity spillovers. Economics of Governance 83(4), pp. 699-722.
Munday, M. C. R., Bryan, J., Jones, C. and Roberts, A. 2004. Welsh input-output tables for 2000. Technical Report.

2003

Munday, M. C. R., Peel, M. J. and Taylor, K. 2003. The Performance of the Foreign-Owned Sector of UK Manufacturing: Some Evidence and Implications for UK Inward Investment Policy. Fiscal Studies 24(4), pp. 501-521. (10.1111/j.1475-5890.2003.tb00093.x)
Jones, C., Munday, M. C. R. and Roberts, A. 2003. Regional tourism satellite accounts: a useful policy tool?. Urban Studies 40(13), pp. 2777-2794. (10.1080/0042098032000146894)
Matthews, J., Munday, M. and Roberts, A. 2003. Project report: a Welsh index of sustainable economic welfare. Welsh Economic Review 15(1), pp. 33-36. (10.18573/wer.206)
Jones, C., McGregor, P., Munday, M., Roberts, A., Swales, K. and Turner, K. 2003. Project report: Welsh input-output for 2000 and development of a computable general equilibrium model for the Welsh economy. Welsh Economic Review 15(1), pp. 37-38. (10.18573/wer.207)
Bristow, G. I., Roberts, A., Martin, S. J. and Munday, M. C. R. 2003. Mid-term review of the Objective 3 operational programme for East Wales. Project Report. CRG.

2002

Munday, M. C. R. and Roberts, A. 2002. Project report: Regional environmental input-output analysis for Wales. Welsh Economic Review 14(2), pp. 47-48. (10.18573/wer.195)
Bristow, G., Gripaois, P., Keast, S. S. and Munday, M. C. R. 2002. Call Centre Growth and the Distribution of Financial Services Activity in the UK. The Service Industries Journal 22(3), pp. 117-134. (10.1080/714005091)
Driffield, N., Munday, M. C. R. and Roberts, A. 2002. Foreign Direct Investment, Transactions Linkages, and the Performance of the Domestic Sector. International Journal of the Economics of Business 9(3), pp. 335-351. (10.1080/1357151021000010000)
Edwards, T. J., Delbridge, R. and Munday, M. C. M. 2002. Learning companies: Innovative potential of Welsh manufacturing SMEs. Working paper. Cardiff: Cardiff Business School.
Pickernell, D., Parsons, L., Munday, M. C. R., Roberts, A. and Roche, N. 2002. Housing, financial services and the Welsh economy. Working paper. London, UK: Council of Mortgage Lenders.

2001

Jones, C. and Munday, M. 2001. Blaenavon and United Nations World Heritage Site Status: Is Conservation of Industrial Heritage a Road to Local Economic Development?. Regional Studies 35(6), pp. 585-590. (10.1080/00343400120065741)
Edwards, T. J., Delbridge, R. and Munday, M. C. R. 2001. Linking innovative potential to SME performance: an assessment of enterprises in industrial South Wales. Presented at: 41st European Regional Science Association conference, Zagreb, Croatia, 29 August - 1 September 2001.
Munday, M. C. R. and Driffield, N. 2001. Foreign Manufacturing, Regional Agglomeration and Technical Efficiency in UK Industries: A Stochastic Production Frontier Approach. Regional Studies 35(5), pp. 391-399. (10.1080/00343400124709)
Roberts, A. and Munday, M. C. R. 2001. The Role of Forestry Industry Transactions in the Rural Economy. Journal of Rural Studies 17(3), pp. 333-346. (10.1016/S0743-0167(01)00010-9)
Edwards, T. J., Delbridge, R. and Munday, M. C. R. 2001. Learning companies: future challenges for small and medium sized manufacturing enterprises. Presented at: Critical Management Studies Conference, Manchester, UK, 11-13 July 2001.
Munday, M. C. R. and Roberts, A. 2001. Assessing the Regional Transactions of Foreign Manufacturers in Wales: Issues and Determinants. Tijdschrift voor Economische en Sociale Geografie 92(2), pp. 202-216. (10.1111/1467-9663.00150)
Edwards, T. J., Delbridge, R. and Munday, M. C. 2001. Innovation in small and medium sized manufacturing enterprises: issues and future directions. Presented at: Managing Knowledge: Conversations and Critiques, Leicester, UK, 10 -11 April 2001.
Munday, M. C. R., Pickernell, D. and Roberts, A. 2001. Regional Policy Effectiveness and Local Governance Issues: Some Welsh Perspectives. Policy Studies 22(1), pp. 51-60. (10.1080/01442870120047721)
Jones, C. and Munday, M. 2001. Tourism and its contribution to regional development: three case studies. Presented at: European Regional Science Association 41st Annual Meeting, Zagreb, Croatia, 29 August - 1 September 2001.

Research interests focus on regional economic and policy, economic evaluation, economics of the multinational, tourism economics and economic development. Wide range of funding accessed. Current projects include directing research within Economic Intelligence Wales around demand and supply side issues around SME finance in Wales, and research and evaluation programme around the Compound Semiconductor Cluster in Wales.

Recent funded research includes:

2022-23: DCWW Economic Impact Assessment, report for DCWW, £15,730, with C.Jones and A Roberts, Cardiff Business School.

2022-2024: Catchment systems thinking cooperative – CAST Cooperative, £62,371, Co-I with Isabelle Durance (Biosiences and Elizabeth Bagshaw (Earth Sciences), Cardiff University.

2022: Combined storm overflow prioritisation model optimisations, for Welsh Water, £46,389 Co-I with team from Cardiff Biosciences, Mathematics and Engineering

2022-2024: Ahmadian, R., Qadrdan, M, Zhou Y and Munday M EPSRC “TidAl Range schemes as configurable Grid-scale Energy sTorage facilities (TARGET), £1.4m.

2021-22: ESRC IAA Transforming event impact evaluations and staging more sustainable events: a focus on plastic consumption, £14,776 A Collins (GEOPL) and Max Munday.

2021-2022: 5G Wales Unlocked: Observatory – analysis of rural pilot use cases of 5G applications. Project funded by DCMS, joint with Computing Sciences and Geography. £116,000 (CARBS elements) with Dylan Henderson and Nikos Kapitsinis.

2021: Economic Intelligence Wales (continuation funding) £84,000 to examine finance supply and demand conditions for SMEs in Wales, and analysis of Welsh Government Covid-19 interventions, PI with Annette Roberts and N Kapitsinis.

2020-21: GCRF Transforming resilience across water and food systems’ award; examination of socio-economic effects associated with Eutrophication in Ha Long Bay Vietnam with Hanoi University of Science and Technology, Max Munday, Nikos Kapitsinis £24,000 (Carbs element)

2020-2024 Strength in Places Funds CSconnected, Compound Semiconductor Cluster, Research and Evaluation, £400,000 with R Huggins & A Roberts.

2020-2022: Dwr Cymru Welsh Water, Social Return on Investment Analysis for DCWW Visitor Attractions, with Calvin Jones and Costain.

2020: Welsh European Funding Office. Revised ex-ante evaluation of the Wales Business Fund, with Hatch-Regeneris Consulting.

2019-2020: Welsh Government. Economic development funding allocations in Wales: Regional indicative budgets, , with Hatch-Regeneris Consulting.

2019-2020: Kronospan: Economic analysis of activity supported by Chirk operations.

2019: IQE Support for Strength in Places Funding Bid, with Annette Roberts and Robert Huggins

2019: Business Wales: Analysis of Accelerated Growth Programme outcomes

2018-2021: Economic Intelligence Wales: Data analysis and research on SMEs and their role in the Welsh Economy. £250,000. PI with Annette Roberts. Quarterly and Bespoke reporting.

2018: Understanding the implications of global trade and decarbonisation post Brexit. For Welsh Government.

2018-19: Arcadis (project grant extension). Capturing the wider economic benefits of A465 construction: Socio-economic dashboard. Analysis of socio-economic effects of major road redevelopment at Head of the Valleys and involving close collaboration with Costain. (with WERU team). Co-1

2017-18: Publishing: An analysis of the regional economy contribution. For Welsh Books Council, Aberystwyth.

2017: EU Transition and prospects for Anchors and RICs in Wales.

2017: The potential economic and regeneration impacts of St David’s – UK City of Culture 2021.

2017: Economic activity supported by inward investment in Wales. For Welsh Government.

2016-17: UK Sport, Revision to environmental web pages of eventImpacts website.

2016: Arup, Building resilience in the Wales water sector, Co-I with Biosciences research team at Cardiff University

2016: ERDF Superfast Broadband Exploitation project, Digital Maturity Survey for Wales, £1.5m PI with WERU team. Annual Digital Maturity Survey report, and Annual Economic Impact Report SFBBE.

2016: Welsh European Funding Organisation. Ex post evaluation of 2007-13 Structural Funding Programme, with Rhys Davies WISERD.

2016: Welsh Local Government Association. Municipal waste: Economic evaluation of activity in the Welsh sector.

2015-17: Welsh Government. The economics of stamp duty land tax in Wales. Research funding for studentship to examine the regional implications of changes on taxes levied by Welsh Government using CGE and IO frameworks. £60,000 PI Max Munday with Kent Matthews and Andy Crawley (WERU).

2015-2017: Ser Cymru National Research Network for Low Carbon Energy & Environment. Consequential Life Cycle of Environmental & Economic Effects of Dairy and Beef Consolidation and Intensification Pathways: CLEANER COWS. Funding for studentship to examine farm consolidation using CGE model framework. £57,000 PI M Munday with K Matthews, A Roberts, A Crawley and C Jones.

2015-16: Welsh European Funding Organisation. Separate evaluations of New Business Starts Programme, and Heritage Tourism Programme, with Old Bell 3 Limited.

2015: Natural Resources Wales. Electricity production on the NRW estate: Review of current subsidy regimes, and socio economic benefits from different electricity generation technologies. Funding for review and analysis to inform NRW plans, July/August 2015

2015: Welsh Government. Review of the Alacrity Programme. With Professor Rob Huggins, CPLAN.

2015: Community Energy Wales. Research to provide a detailed audit of community energy in Wales in 2015, and to describe the evolution of community energy projects in Wales.

2015: RSM McClure Watters Consulting (PACEC). Economic evaluation of Export Assist Programme in Wales.

2015: RWEnpower. RWEnpower: Local socio-economic activity supported by energy generation. Analysis of effects related to construction and operation of the Pembroke Dock Power Station.

2015: National Museums Wales. Assessment of regional economic activity supported by NMW. Analysis based on NMW spending and that of its visitors to separate NMW sites.

2015: Welsh Government EST. Evaluating Business Usage and Exploitation of Superfast Broadband in Wales: A Review and Recommendations for Metrics and a Digital Dashboard. Research and report for Welsh Government in connection with roll-out of new infrastructure and business exploitation.

2015: Mineral Products Association. Analysis of the effects associated with aggregates industries in Wales.

2014-2015: Welsh Government. Economic Impact of Unconventional Gas in Wales, report examining regional effects of different fracturing scenarios. Research with Regeneris UK and AMEC.

2014: Welsh European Funding Office. ESF Combined Analysis. Longitudinal analysis of three ESF Leavers Surveys in Wales. With Rhys Davies (WISERD), Neil Roche (WERU) and Gerry Makepeace (CARBS)

2014: Cardiff City Council. Employer Engagement – Linking Job Growth, Employment Support and the NEET Agenda in Cardiff. Research on NEETS in Cardiff.

2014: Welsh European Funding Office (IFF Research, London) European Social Fund Leavers Survey 2013. Analysis of the findings from the survey undertaken by IFF in London.

2014: Welsh Government General Dynamics UK – Land Systems: Economic effects in Wales of Expansion. Report and advice to Welsh Government and General Dynamics on the local effects associated with proposal for tank manufacturing at Merthyr Tydfil.

2014-2017: E C Harris Limited. Capturing the wider economic benefits of A465 construction: Socio-economic dashboard. Analysis of socio-economic effects of major road redevelopment at Head of the Valleys and involving close collaboration with Costain and Carillion. (with WERU team).

2014-15: Natural Resources Wales: Linking the Welsh Economy to the Environment. Programme of research for NRW linking to economy effects of environmental interventions, and modelled analyses.

2013: Dwr Cymru Welsh Water: Economic analysis of spending. Modelled analysis of regional economic effects of spending and prospects of inward investment in water intensive sectors.

2014: Airbus Defence and Space. Evaluation of activities under Foundation Wales programme.

2014: Murco Petroleum Limited: An analysis of economic activity dependent on the Murco Oil Refinery in Pembrokeshire. Report for taskforce dealing with potential effects of closure of the facility.

2014: Welsh Government: NATO Summit Wales 2014 – Economic Impact Study. Analysis of expected tourism effects of the NATO Summit at Celtic Manor.

2014: Public Policy Institute for Wales: Location and Staffing of the Welsh Government’s Overseas Offices, Think piece prepared for the First Minister for Wales.

2014: Porthcawl Habourside: Analysis of harbourside property development,.

2014: Cardiff University/Welsh Government: Economic evaluation; review of the proposal to establish a Compound Semiconductor Foundation with IQE Limited Newport.

2014: Welsh European Funding Office (through OB3 Limited): Ex ante evaluation of Ireland-Wales Interreg Programme.

2013-14: Natural Resources Wales. River Wye Restoration Options. Examination of costs and benefits associated with different management options for upper Wye catchment. (with Cardiff University Biosciences, Dr Ian Vaughan et al.)

2013-14: Natural Resources Wales. Economic advice relating to ecosystem services, and general economic research for merged organisation.

2013: Tidal Lagoon Power Limited. Economic effects associated with construction and operation of schemes. Report focused on expected socio-economic effects of planned Swansea barrage.

2013: Welsh Government. Marine renewables economic impact analysis, with Regeneris Consulting and WERU team.

2012-2013: Welsh Government. Energy Sector Employment Multipliers study, £46,400, with WERU team and Regeneris Consulting.

2012-13: Renewable UK. Economic impact of inshore wind in Wales, with Regeneris Consulting and WERU.

2012-13: Welsh European Funding Office. Ex-Ante Evaluation of Structural Funding in Wales 2014-2020. With Oldbell3 and others.

2012-14: Cadw, Visit Wales, Capital Regional Tourism. “Monitoring and evaluation framework for Environment for Growth (ERDF) projects”. Second phase of research to monitor and evaluate E4G projects across Wales. Includes development of web resources to support project managers in undertaking surveys to support evaluation, and analysis to examine environmental effects of tourism in Wales.

2012-14 Countryside Council for Wales “Monitoring and evaluation framework for Environment for Growth (ERDF) projects”, Evaluation of CCW E4G Coastal Path projects and monitoring of outcomes.

2012-14: “Evaluation of the P5T1 Physical Regeneration in North Wales Project,” research for Welsh Assembly Government.

2012-13: “Linking the Welsh Economy to the Environment” research programme with Environment Agency Wales examining water valuation, metal mine remediation, policy evaluation and specific programme analysis.

2012-13: “Research assistance with Economic Model of COMAH sites”, research for Health and Safety Laboratories.

Current Teaching and Learning: Summary

Lead the Business Economics stream within the Economics section of Cardiff Business School
Undergraduate teaching on BS3561 Modern Business Enterprise (Module Leader), and BS2560 Managerial Economics. Also postgraduate courses in BST 186 Economics and the Business Environment.
Recent PhDs. Annum Rafique: Sustainable Intensification in Dairy Farms. Long Zhou: Stamp Duty Land Tax in Wales.
Personal tutor to both undergraduate and postgraduate students.
Lead examination liaison group for Business Economics schemes and associated quality assurance
External examiner Aston Postgraduate programmes on International Business until 2015

Professor, Cardiff Business School, Economics Section ·

Director: Welsh Economy Research Unit 2000-

Member Social Science Park (SBARC)
Water Research Institute Cardiff University
Hon Professor: Aberystwyth University -2019
Chair: Regional Studies Association: Wales Section
Member Energy Systems Research Institute, Cardiff University
Regional Science Association International
Higher Education Academy
Western Regional Science Association (United States)

Contact Details

MundayMC@cardiff.ac.uk
+44 29208 75089
Aberconway Building, Room T01, Colum Road, Cathays, Cardiff, CF10 3EU

Spilling the dirt on Combined Sewer Overflows

Professor Maxim Munday

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

Articles

Book sections

Conferences

Monographs

Contact Details

Spilling the dirt on Combined Sewer Overflows

Research films put science at heart of COP Cymru

Fellowships recognise significant contributions in pandemic year

Professor Maxim Munday

Overview

Publication

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

Articles

Book sections

Conferences

Monographs

Research

Teaching

Biography

Contact Details

Related news

Spilling the dirt on Combined Sewer Overflows

Research films put science at heart of COP Cymru

Fellowships recognise significant contributions in pandemic year