Aug 3, 2009

Measuring growth from outer space

Economists have already been using electricity consumption data to estimate the size of the shadow economy. Now two of them go even further by using satellite data on lights at night to estimate economic growth. The results look promising.

3 comments:

Sebastian said...

which country is the outlier?

Pierre-Louis said...

Bosnia Herzegovina

Dany Jaimovich - Bakary Baludin said...

sure, there were not too many lights during the Sarajevo siege...