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Author (up) Amavilah, V.H. url  openurl
  Title Artificial nighttime lights and the “real” well-being of nations : “Measuring economic growth from outer space” and welfare from right here on Earth Type Journal Article
  Year 2018 Publication Journal of Economics and Political Economy Abbreviated Journal  
  Volume 5 Issue 2 Pages 209-218  
  Keywords Economics; Remote Sensing  
  Abstract GDP remains too much of an imprecise measure of the standard of living. There

is a need for either substitutes or complements. Nighttime lights are a reasonable indicator of the extent, scale, and intensity of socio-economic activities, but a poor measure of national welfare. However, if nighttime lights are understood to constitute externalities, then their effects can be used to adjust measured growth for welfare. From that angle, nighttime lights appear to exert sub-optimal positive externalities in developing countries, and supra-optimal negative externality in developed countries. This means that even if we assume equal growth rates in developing and developed countries, welfare is enhanced by increasing nighttime lights in developing countries and reduced by increasing nighttime lights in developed countries.
 
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  Language English Summary Language Original Title  
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  Series Volume Series Issue Edition  
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  Area Expedition Conference  
  Notes Approved no  
  Call Number NC @ ehyde3 @ Serial 2099  
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