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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Beyer, Robert.
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|a Measuring Quarterly Economic Growth from Outer Space /
|c Robert Beyer, Yingyao Hu, Jiaxiong Yao.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2022.
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|a 1 online resource (45 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a 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 estimated elasticity is 1.55 for emerging markets and developing economies, ranging from 1.36 to 1.81 across country groups and robust to different model specifications. The paper uses a light-adjusted measure of quarterly economic activity to show that higher levels of development, statistical capacity, and voice and accountability are associated with more precise national accounts data. The elasticity allows quantification of subnational economic impacts. During the COVID-19 pandemic, regions with higher levels of development and population density experienced larger declines in economic activity.
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|a Mode of access: Internet
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|a Econometric and Statistical Methods
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|a Environmental Accounts
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|a Measurement and Data on National Income
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|a Nighttime lights
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|a Product Accounts and Wealth
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|a Size and Spatial Distributions of Regional Economic Activity
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|a Hu, Yingyao.
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|a Yao, Jiaxiong..
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|a IMF Working Papers; Working Paper ;
|v No. 2022/109
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| 856 |
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|z Full text available on IMF
|u https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2022&issue=109
|z IMF e-Library
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