IDEAS home Printed from https://ideas.repec.org/a/bla/coecpo/v43y2025i3p470-494.html
   My bibliography  Save this article

Natural disasters and economic dynamism: Evidence from U.S. entrepreneurial activity

Author

Listed:
  • Omer Bayar
  • Christopher Boudreaux
  • Todd Richard Yarbrough

Abstract

We examine how disaster events influence small business activity in a sample of 48 U.S. states for the period from 1998 to 2018. Our results show that disaster impacts vary by entrepreneurship type; the rate of new entrepreneurs and start‐up job creation rise in the aftermath of natural disasters, whereas the opportunity share of new entrepreneurs and start‐up survival fall. These findings present a more nuanced understanding of the relationship between natural disasters and entrepreneurial activity than reported in the relevant literature. We interpret our findings in the context of economic dynamism and discuss policy implications.

Suggested Citation

  • Omer Bayar & Christopher Boudreaux & Todd Richard Yarbrough, 2025. "Natural disasters and economic dynamism: Evidence from U.S. entrepreneurial activity," Contemporary Economic Policy, Western Economic Association International, vol. 43(3), pages 470-494, July.
    • Handle: RePEc:bla:coecpo:v:43:y:2025:i:3:p:470-494
    DOI: 10.1111/coep.12686
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/coep.12686
    Download Restriction: no
    File URL: https://libkey.io/10.1111/coep.12686?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:coecpo:v:43:y:2025:i:3:p:470-494. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/weaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.