Learning Economic Indicators by Aggregating Multi-Level Geospatial Information
Sungwon Park, Sungwon Han, Donghyun Ahn, Jaeyeon Kim, Jeasurk Yang,, Susang Lee, Seunghoon Hong, Jihee Kim, Sangyoon Park, Hyunjoo Yang, Meeyoung, Cha

TL;DR
This paper introduces a deep learning model that aggregates multi-level geospatial information from satellite imagery to predict economic indicators, outperforming baselines and generalizing across countries.
Contribution
A novel multi-level learning framework that combines hyperlocal and district-level features from satellite imagery for economic prediction.
Findings
Outperforms strong baselines in predicting population, purchasing power, and energy consumption.
Model generalizes well across countries, including Malaysia, Philippines, Thailand, and Vietnam.
Robust to data shortages, maintaining accuracy across different datasets.
Abstract
High-resolution daytime satellite imagery has become a promising source to study economic activities. These images display detailed terrain over large areas and allow zooming into smaller neighborhoods. Existing methods, however, have utilized images only in a single-level geographical unit. This research presents a deep learning model to predict economic indicators via aggregating traits observed from multiple levels of geographical units. The model first measures hyperlocal economy over small communities via ordinal regression. The next step extracts district-level features by summarizing interconnection among hyperlocal economies. In the final step, the model estimates economic indicators of districts via aggregating the hyperlocal and district information. Our new multi-level learning model substantially outperforms strong baselines in predicting key indicators such as population,…
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Taxonomy
TopicsImpact of Light on Environment and Health · Energy, Environment, Economic Growth · Diverse Aspects of Tourism Research
