The Re-Building Effect of Hurricanes: Evidence from Employment in the US Construction Industry
AbstractWe examine the impact of hurricane strikes on the construction industry in US counties. To this end we use a measure of hurricane destruction derived from a wind field model and historical hurricane track data and employ this within a dynamic labour demand framework. Our results show that destruction due to hurricanes causes on average an increase in county level employment in construction of a little over 25 per cent.
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Date of creation: 10 Jun 2009
Date of revision:
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hurricanes; labour demand; construction industry;
Other versions of this item:
- Eric Strobl & Frank Walsh, 2009. "The Re-Building Effect of Hurricanes: Evidence from Employment in the US Construction Industry," Economics Bulletin, AccessEcon, vol. 29(4), pages 3059-3066.
- Strobl, Eric & Walsh, Frank, 2008. "The Re-Building Effect of Hurricanes: Evidence from Employment in the US Construction Industry," IZA Discussion Papers 3544, Institute for the Study of Labor (IZA).
- Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
- J2 - Labor and Demographic Economics - - Demand and Supply of Labor
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