Big Data : Potential, Challenges and Statistical Implications /

Big data are part of a paradigm shift that is significantly transforming statistical agencies, processes, and data analysis. While administrative and satellite data are already well established, the statistical community is now experimenting with structured and unstructured human-sourced, process-me...

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Autor principal: Hammer, Cornelia
Altres autors: Kostroch, Diane, Quiros-Romero, Gabriel
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2017.
Col·lecció:Staff Discussion Notes; Staff Discussion Notes ; No. 2017/006
Accés en línia:Full text available on IMF
Descripció
Sumari:Big data are part of a paradigm shift that is significantly transforming statistical agencies, processes, and data analysis. While administrative and satellite data are already well established, the statistical community is now experimenting with structured and unstructured human-sourced, process-mediated, and machine-generated big data. The proposed SDN sets out a typology of big data for statistics and highlights that opportunities to exploit big data for official statistics will vary across countries and statistical domains. To illustrate the former, examples from a diverse set of countries are presented. To provide a balanced assessment on big data, the proposed SDN also discusses the key challenges that come with proprietary data from the private sector with regard to accessibility, representativeness, and sustainability. It concludes by discussing the implications for the statistical community going forward.
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Descripció física:1 online resource (41 pages)
Format:Mode of access: Internet
ISSN:2617-6750
Accés:Electronic access restricted to authorized BRAC University faculty, staff and students