• Presentation at the wiiw Spring Seminar on 3rd June, 2022, in the premises of the Austrian National Bank.(...) In this talk, Artem Kochnev shows how one can use satellite data to quantify the economic decline in Ukraine during the first month of war.

    Timeline:
    00:00 - Introduction
    1:05 - The challenge of the war-time estimates
    3:40 - Exploring the nighttime luminosity of Ukraine
    5:48 - How luminosity dropped in the Ukrainian cities
    8:17 - Explaining the anomalies
    10:23 - Why luminosity dropped everywhere
    12:00 - Difference in luminosity of the Ukraine-controlled terrritories and newly-occupied territories
    13:29 - Networks and reconstruction process
    15:58 - Cascade failures
    17:17 - Takeaways