Munich Personal RePEc Archive

Measuring Economic Growth from Outer Space: A Comment

Berliant, Marcus and Weiss, Adam (2013): Measuring Economic Growth from Outer Space: A Comment.

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Abstract

We examine econometric and elementary economic theory issues arising from the model specification in Henderson, Storeygard and Weil (2012), that uses night light data to proxy for missing or unreliable GDP growth data. An alternative approach based on the expenditure function is outlined. It can accommodate prices as well as quantity information from other commodity markets.

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