Understanding Urban Economies, Land Use, and Social Dynamics in the City: Big Data and Measurement

59 Pages Posted: 10 Oct 2023

See all articles by Albert Saiz

Albert Saiz

MIT Department of Urban Studies and Planning; IZA Institute of Labor Economics

Arianna Salazar Miranda

Massachusetts Institute of Technology (MIT), Department of Urban Studies & Planning

Multiple version iconThere are 2 versions of this paper

Date Written: October 2, 2023

Abstract

Recent advancements in data collection have expanded the tools available for urban science, economic, and real estate research. The integration of diverse data sources has supported the development of “smart city” initiatives in city governance and driven the adoption of data-centric strategies in business applications. This chapter presents an overview of big data sources used in urban science and urban economics, with the goal of directing and enriching future research in these and other fields. We structure our discussion around data origins and analytical methods, discussing geographic information maps, GPS and CDR, textual repositories, social media, credit card transactions, street imagery, sensor readings, volumetric data, street patterns, transportation metrics, public records, historical data, business analytics, real estate transactions, and crowdsourced inputs. While aiming to provide an overarching perspective, we also touch upon common challenges in urban big data research, especially those unique to data collection, analysis, and inference.

Keywords: urban big data

JEL Classification: C80, R00, R32, R58

Suggested Citation

Saiz, Albert and Saiz, Albert and Salazar Miranda, Arianna, Understanding Urban Economies, Land Use, and Social Dynamics in the City: Big Data and Measurement (October 2, 2023). MIT Center for Real Estate Research Paper No. 23/19, Available at SSRN: https://ssrn.com/abstract=4594995 or http://dx.doi.org/10.2139/ssrn.4594995

Albert Saiz (Contact Author)

MIT Department of Urban Studies and Planning ( email )

77 Massachusetts Avenue
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Cambridge, MA 02139-4307
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617-252-1687 (Phone)
617-258-6991 (Fax)

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Arianna Salazar Miranda

Massachusetts Institute of Technology (MIT), Department of Urban Studies & Planning ( email )

77 Massachusetts Avenue
Cambridge, MA 02139
United States

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