Hurricane Katrina and Economic Loss: An Alternative Measure of Economic Activity
This paper examines the effect of Hurricane Katrina on Louisiana's state economy. In particular, I use a state coincident index to assess the economic loss from Hurricane Katrina. This alternative approach provides policymakers with a simple and timely measure of the economy for modeling disasters.
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Volume (Year): 4 (2009)
Issue (Month): 2 (April)
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References listed on IDEAS
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- Theodore M. Crone & Alan Clayton-Matthews, 2005. "Consistent Economic Indexes for the 50 States," The Review of Economics and Statistics, MIT Press, vol. 87(4), pages 593-603, November. Full references (including those not matched with items on IDEAS)
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