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DOI10.1088/1748-9326/ab443e
Satellite-detected gain in built-up area as a leading economic indicator
Ying Q.; Hansen M.C.; Sun L.; Wang L.; Steininger M.
发表日期2019
ISSN17489318
卷号14期号:11
英文摘要Leading indicators of future economic activity include measures such as new housing starts, managers purchasing index, money supply, and bond yields. Such macroeconomic and financial indicators hold predictive power in signaling recessionary periods. However, many indicators are constrained by the fact that data are often published with some delay and are subject to constant revision (Bandholz and Funke 2003, Huang et al 2018, Orphanides 2003). In this research, we propose a leading indicator derived from satellite imagery, the expansion of anthropogenic bare ground. Satellite-detected gain in built-up area, a major land cover and land use (LCLU) outcome of anthropogenic bare ground gain (ABGG), provides an inexpensive, consistent, and near-real-time indicator of global and regional macroeconomic change. Our panel data analysis across four major regions of the world from 2001 to 2012 shows that the logarithm of total ABGG, mostly owing to its major LCLU outcome, the expansion of built-up land in either year t, t -1 or t -2, significantly correlated with the year t logarithm of gross domestic product (GDP, de-trended by Hodrick-Prescott filter). Global ABGG between 2001 and 2012 averaged 7875 km2yr-1, with a peak gain of 11 875 (± 2014 km2 at the 95% confidence interval) in 2006, prior to the 2007-2008 global financial crisis. The curve of global ABGG or its major LCLU outcome of built-up area in year t - 1 accords well with that of the de-trended logarithm of the global GDP in year t. Given the 40 year archive of free satellite data, a growing satellite constellation, advances in machine learning, and scalable methods, this study suggests that analyses of ABGG as a whole or its LCLU outcomes can provide valuable information in near-real time for socioeconomic research, development planning, and economic forecasting. © 2019 The Author(s). Published by IOP Publishing Ltd.
英文关键词anthropogenic bare ground gain; built-up area; global and regional scale; landsat; leading economic indicator; spatio-temporal dynamics; the great recession
语种英语
scopus关键词Land use; Satellite imagery; Scalability; Bare grounds; Built-up areas; Economic indicators; LANDSAT; Regional scale; Spatio-temporal dynamics; the great recession; Economics; anthropogenic effect; detection method; economic activity; land cover; land use; Landsat; spatiotemporal analysis
来源期刊Environmental Research Letters
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/154771
作者单位Department of Geographical Sciences, University of Maryland, College Park, MD 20742, United States; State Key Laboratory of Remote Sensing Science, Institute of Remote Sensing and Digital Earth, Chinese Academy of Sciences, Beijing, 100101, China; School of Finance and Management, SOAS University of London, London, WC1H 0XG, United Kingdom; International Institute for Applied Systems Analysis (IIASA), Laxenburg, A-2361, Austria
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Ying Q.,Hansen M.C.,Sun L.,et al. Satellite-detected gain in built-up area as a leading economic indicator[J],2019,14(11).
APA Ying Q.,Hansen M.C.,Sun L.,Wang L.,&Steininger M..(2019).Satellite-detected gain in built-up area as a leading economic indicator.Environmental Research Letters,14(11).
MLA Ying Q.,et al."Satellite-detected gain in built-up area as a leading economic indicator".Environmental Research Letters 14.11(2019).
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