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Category Working Paper(outside IIR)
Author Go, Eugenia:Kentaro Nakajima:Yasuyuki Sawada:Kiyoshi Taniguchi
Article Title Satellite-Based Vehicle Flow Data to Assess Local Economic Activities
Institution CIRJE Discussion Paper Series
Number F-1209
Release Date 2023/01/01
Abstract Spatially and seasonally granular measures of local economic activities are increasingly required in a variety of economic analyses. We propose using novel vehicle density data obtained from daytime satellite images to quantify the local economic activity involving human and goods traffic flows. Validation exercises show that vehicle density is a good proxy for local economic levels. We then apply our data to evaluate the impact of a new international airport terminal opening in the Philippines on local economies. The results show that the opening of the new terminal has spatially and seasonally heterogeneous impacts that conventional data cannot canot capture.
Notes An earlier version of this paper is circulated as ”On the Use of Satellite-Based Vehicle Flows Data to Assess Local Economic Activity: The Case of Philippine Cities” (ADB Economics Working Papers, #652, March 2022)
URL http://www.cirje.e.u-tokyo.ac.jp/research/dp/2023/2023cf1209ab.html
Label 経済学
Register date 2023/01/01

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