IDEAS home Printed from https://ideas.repec.org/p/mil/wpdepa/2019-06.html
   My bibliography  Save this paper

Earth Observation in a Cost-Benefit Analysis Perspective: Cosmo SkyMed Satellites of the Italian Space Agency

Author

Listed:
  • Stefano CLÒ
  • Massimo FLORIO
  • Valentina MORRETTA
  • Davide VURCHIO

Abstract

Over the past decade, an increasing number of high-resolution satellite images have become available to public administration, policymakers and scientists, boosting the amount of information they can obtain to manage and analyse different issues. Satellites allow observing different natural and socio-economic phenomena that would be very hard and costly to monitor from the ground with the same optimal coverage, accuracy and consistency, providing valuable information both to the private and public sector. These phenomena include global societal challenges, such as climate change and air pollution, as well as local ones such as precision farming, urbanisation and transport infrastructures monitoring. This working paper aims at paving the way to a comprehensive assessment of the socio-economic impact of the Italian Space Agency (ASI) concerning the creation of innovative products and services generated by the Earth Observation (EO). Although the wide range of potential applications of EO satellite data, little is known about the effective use of Cosmo SkyMed (CSK) data so far. Most of the benefits related to their availability remain potential, unexpressed and undervalued. The analysis also intends to identify the institutional and organisational barriers that limit their full exploitation and formulate sounds policy recommendations to release the untapped potential of the Italian space downstream sector.

Suggested Citation

  • Stefano CLÒ & Massimo FLORIO & Valentina MORRETTA & Davide VURCHIO, 2019. "Earth Observation in a Cost-Benefit Analysis Perspective: Cosmo SkyMed Satellites of the Italian Space Agency," Departmental Working Papers 2019-06, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
  • Handle: RePEc:mil:wpdepa:2019-06
    as

    Download full text from publisher

    File URL: http://wp.demm.unimi.it/files/wp/2019/DEMM-2019_06wp.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Chenghuan Sean Chu, 2010. "The effect of satellite entry on cable television prices and product quality," RAND Journal of Economics, RAND Corporation, vol. 41(4), pages 730-764, December.
    2. Roland Hodler & Paul A. Raschky, 2014. "Regional Favoritism," The Quarterly Journal of Economics, Oxford University Press, vol. 129(2), pages 995-1033.
    3. Dave Donaldson & Adam Storeygard, 2016. "The View from Above: Applications of Satellite Data in Economics," Journal of Economic Perspectives, American Economic Association, vol. 30(4), pages 171-198, Fall.
    4. Lee, Yong Suk, 2018. "International isolation and regional inequality: Evidence from sanctions on North Korea," Journal of Urban Economics, Elsevier, vol. 103(C), pages 34-51.
    5. Masayuki Kudamatsu, 2018. "GIS for Credible Identification Strategies in Economics Research," CESifo Economic Studies, CESifo, vol. 64(2), pages 327-338.
    6. Arnaud Costinot & Dave Donaldson & Cory Smith, 2016. "Evolving Comparative Advantage and the Impact of Climate Change in Agricultural Markets: Evidence from 1.7 Million Fields around the World," Journal of Political Economy, University of Chicago Press, vol. 124(1), pages 205-248.
    7. J. Vernon Henderson & Adam Storeygard & David N. Weil, 2012. "Measuring Economic Growth from Outer Space," American Economic Review, American Economic Association, vol. 102(2), pages 994-1028, April.
    8. Flückiger, Matthias & Ludwig, Markus, 2015. "Economic shocks in the fisheries sector and maritime piracy," Journal of Development Economics, Elsevier, vol. 114(C), pages 107-125.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Felbermayr, Gabriel & Gröschl, Jasmin & Sanders, Mark & Schippers, Vincent & Steinwachs, Thomas, 2018. "Shedding Light on the Spatial Diffusion of Disasters," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181556, Verein für Socialpolitik / German Economic Association.
    2. John Gibson & Susan Olivia & Geua Boe‐Gibson, 2020. "Night Lights In Economics: Sources And Uses," Journal of Economic Surveys, Wiley Blackwell, vol. 34(5), pages 955-980, December.
    3. Patrick Lehnert & Michael Niederberger & Uschi Backes-Gellner & Eric Bettinger, 2020. "Proxying Economic Activity with Daytime Satellite Imagery: Filling Data Gaps Across Time and Space," Economics of Education Working Paper Series 0165, University of Zurich, Department of Business Administration (IBW), revised Jul 2021.
    4. Thomas Steinwachs, 2019. "Eine Frage der Geographie: Räumliche Dimensionen von Handel, Migration und Wachstum," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 81, March.
    5. Thushyanthan Baskaran & Sonia Bhalotra & Brian Min & Yogesh Uppal, 2018. "Women legislators and economic performance," WIDER Working Paper Series wp-2018-47, World Institute for Development Economic Research (UNU-WIDER).
    6. Lee, Yong Suk, 2018. "International isolation and regional inequality: Evidence from sanctions on North Korea," Journal of Urban Economics, Elsevier, vol. 103(C), pages 34-51.
    7. Anna Bruederle & Roland Hodler, 2018. "Nighttime lights as a proxy for human development at the local level," PLOS ONE, Public Library of Science, vol. 13(9), pages 1-22, September.
    8. Christian S. Otchia & Simplice A. Asongu, 2019. "Industrial Growth in Sub-Saharan Africa: Evidence from Machine Learning with Insights from Nightlight Satellite Images," CEREDEC Working Papers 19/046, Centre de Recherche pour le Développement Economique (CEREDEC).
    9. Jie Zhang, 2021. "More political representation, more economic development? Evidence from Turkey," Public Choice, Springer, vol. 187(3), pages 275-299, June.
    10. Richard Bluhm & Melanie Krause, 2018. "Top Lights - Bright Cities and their Contribution to Economic Development," CESifo Working Paper Series 7411, CESifo.
    11. Arbatli, Cemal Eren & Gomtsyan, David, 2021. "Sectarian aid, sanctions and subnational development," European Economic Review, Elsevier, vol. 139(C).
    12. Stein, Merlin, 2021. "Re-evaluating RCTs with nightlights - An example from biometric smartcards in India," University of Tübingen Working Papers in Business and Economics 152, University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics.
    13. Felbermayr, Gabriel & Gröschl, Jasmin & Sanders, Mark & Schippers, Vincent & Steinwachs, Thomas, 2022. "The economic impact of weather anomalies," World Development, Elsevier, vol. 151(C).
    14. Sarah J. Carrington & Pablo Jiménez‐Ayora, 2021. "Shedding light on the convergence debate: Using luminosity data to investigate economic convergence in Ecuador," Review of Development Economics, Wiley Blackwell, vol. 25(1), pages 200-227, February.
    15. Jaqueson Galimberti & Stefan Pichler & Regina Pleninger, 2020. "Measuring Inequality using Geospatial Data," Working Papers 2020-07, Auckland University of Technology, Department of Economics.
    16. Marbuah, George & Gren, Ing-Marie & Mckie, Brendan G. & Buisson, Laëtitia, 2021. "Economic activity and distribution of an invasive species: Evidence from night-time lights satellite imagery data," Ecological Economics, Elsevier, vol. 185(C).
    17. Juan Soto & Milena Vargas & Julio A. Berdegué, 2018. "How Large Are the Contributions of Cities to the Development of Rural Communities? A Market Access Approach for a Quarter Century of Evidence from Chile," Documentos de Trabajo LACEA 017060, The Latin American and Caribbean Economic Association - LACEA.
    18. Salazar, Lina & Palacios, Ana & Selvaraj, Michael & Montenegro, Frank, 2021. "Using Satellite Images to Measure Crop Productivity: Long-Term Impact Assessment of a Randomized Technology Adoption Program in the Dominican Republic," 2021 Conference, August 17-31, 2021, Virtual 315408, International Association of Agricultural Economists.
    19. Eduardo Souza-Rodrigues & Adrian L. Torchiana & Ted Rosenbaum & Paul T. Scott, 2020. "Improving Estimates of Transitions from Satellite Data: A Hidden Markov Model Approach," Working Papers tecipa-672, University of Toronto, Department of Economics.
    20. Beyer, Robert C.M. & Franco-Bedoya, Sebastian & Galdo, Virgilio, 2021. "Examining the economic impact of COVID-19 in India through daily electricity consumption and nighttime light intensity," World Development, Elsevier, vol. 140(C).

    More about this item

    Keywords

    Earth Observation; Space Economy; Cosmo SkyMed; Italian Space Agency;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • C80 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - General
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mil:wpdepa:2019-06. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://edirc.repec.org/data/damilit.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: DEMM Working Papers The email address of this maintainer does not seem to be valid anymore. Please ask DEMM Working Papers to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/damilit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.