The Mismeasure of Weather: Using Remotely Sensed Earth Observation Data in Economic Context

Fuente: arXiv
Salvato in:
Dettagli Bibliografici
Autori principali: Josephson, Anna, Michler, Jeffrey D., Kilic, Talip, Murray, Siobhan
Natura: Preprint
Pubblicazione: 2024
Soggetti:
Accesso online:
Tags: Aggiungi Tag
Nessun Tag, puoi essere il primo ad aggiungerne!!
_version_ 1866912024059969536
author Josephson, Anna
Michler, Jeffrey D.
Kilic, Talip
Murray, Siobhan
author_facet Josephson, Anna
Michler, Jeffrey D.
Kilic, Talip
Murray, Siobhan
contents The availability of weather data from remotely sensed Earth observation (EO) data has reduced the cost of including weather variables in econometric models. Weather variables are common instrumental variables used to predict economic outcomes and serve as an input into modelling crop yields for rainfed agriculture. The use of EO data in econometric applications has only recently been met with a critical assessment of the suitability and quality of this data in economics. We quantify the significance and magnitude of the effect of measurement error in EO data in the context of smallholder agricultural productivity. We find that different measurement methods from different EO sources: findings are not robust to the choice of EO dataset and outcomes are not simply affine transformations of one another. This begs caution on the part of researchers using these data and suggests that robustness checks should include testing alternative sources of EO data.
format Preprint
id arxiv_https___arxiv_org_abs_2409_07506
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle The Mismeasure of Weather: Using Remotely Sensed Earth Observation Data in Economic Context
Josephson, Anna
Michler, Jeffrey D.
Kilic, Talip
Murray, Siobhan
General Economics
Economics
The availability of weather data from remotely sensed Earth observation (EO) data has reduced the cost of including weather variables in econometric models. Weather variables are common instrumental variables used to predict economic outcomes and serve as an input into modelling crop yields for rainfed agriculture. The use of EO data in econometric applications has only recently been met with a critical assessment of the suitability and quality of this data in economics. We quantify the significance and magnitude of the effect of measurement error in EO data in the context of smallholder agricultural productivity. We find that different measurement methods from different EO sources: findings are not robust to the choice of EO dataset and outcomes are not simply affine transformations of one another. This begs caution on the part of researchers using these data and suggests that robustness checks should include testing alternative sources of EO data.
title The Mismeasure of Weather: Using Remotely Sensed Earth Observation Data in Economic Context
topic General Economics
Economics
url https://arxiv.org/abs/2409.07506