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The Re-Building Effect of Hurricanes: Evidence from Employment in the US Construction Industry

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Author Info
Eric Strobl (Department of Economics, Ecole Polytechnique - CNRS : UMR7176 - Polytechnique - X)
Frank Walsh (School of Economics - University College Dublin)

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Abstract

We 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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Paper provided by HAL in its series Working Papers with number hal-00393886_v1.

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Date of creation: 10 Jun 2009
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Handle: RePEc:hal:wpaper:hal-00393886_v1

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Related research
Keywords: hurricanes; labour demand; construction industry;

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This paper has been announced in the following NEP Reports: References listed on IDEAS
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  1. Ariel R. Belasen & Solomon W. Polachek, 2007. "How Disasters Affect Local Labor Markets: The Effects of Hurricanes in Florida," IZA Discussion Papers 2976, Institute for the Study of Labor (IZA). [Downloadable!]
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  2. Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August. [Downloadable!] (restricted)
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  1. Strobl, Eric, 2008. "The Economic Growth Impact of Hurricanes: Evidence from US Coastal Counties," IZA Discussion Papers 3619, Institute for the Study of Labor (IZA). [Downloadable!]
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This page was last updated on 2009-11-28.

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