This paper presents a novel framework to estimate the elasticity between nighttime lights and quarterly economic activity. The relationship is identified by accounting for varying degrees of measurement errors in nighttime light data across countries. The elasticity is 1.55 for emerging markets and developing economies, with only small deviations across country groups and different model specifications. The paper uses a light-adjusted measure of quarterly...
انظر المزيد
تفاصيل
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2022/1/06
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ورقة عمل خاصة ببحوث السياسات
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WPS9893
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1
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1
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2022/1/06
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Disclosed
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Measuring Quarterly Economic Growth from Outer Space
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trade and investment