Rossi-Hansberg, Esteban; Zhang, Jialing - National Bureau of Economic Research - 2025
We use high-resolution spatial data to build a novel global annual gridded GDP dataset at 1°, 0.5°, and 0.25° resolutions from 2012 onward. Our random forest model trained on local and national GDP achieves an R2 above 0.92 for GDP levels and above 0.62 for annual changes in regions left out...