Firm Operating Activity Nowcasts from Satellite Thermal Infrared Data

This dataset supports replication of a study on nowcasting firm operating activities using satellite thermal infrared radiation data. The associated paper is accepted for publication in the Journal of Financial and Quantitative Analysis in 2025. The dataset was last updated on January 28, 2026.

Use Cases

• Nowcast firm-level operating activity using satellite-derived thermal infrared radiation data.
• Validate the relationship between thermal infrared radiation and firm operational metrics as described in the JFQA paper.
• Replicate the econometric models from the published study on nowcasting with satellite data.

Strengths

• Dataset is associated with a peer-reviewed study accepted for publication in a leading finance journal (JFQA).
• The replication package was updated in January 2026, indicating recent maintenance.

Limitations

• Specific data structure, variables, and sample size are not described in the input.
• The dataset's scope and geographic coverage are unknown.

Provenance

Source

JFQA Dataverse

Collection Method

Replication data for an academic study, likely involving satellite data processing and firm-level data linkage.

Freshness

Last updated on 2026-01-28.