IDEAS home Printed from https://ideas.repec.org/p/ags/aaea25/361123.html

Economic Resilience in the Storm’s Wake: Hurricane Impact on Business Dynamics and Local Market Structure

Author

Listed:
  • Li, Qingxiao
  • Abrahams, Scott
  • Yu, Zhixiu
  • Yoon, Chaebeen

Abstract

We study the short- and long-term effects of hurricanes on business dynamics using a near-miss identification strategy and comprehensive establishment-level data. Exploiting spatial variation in hurricane exposure, we compare businesses in areas directly hit by storms to those in forecast paths that were ultimately missed. We combine data from the National Establishment Time-Series Database and National Oceanic and Atmospheric Administration hurricane records from 2000 to 2022 to examine impacts on business entry, exit, employment, and industry composition. A stacked difference-in-differences framework addresses treatment timing heterogeneity, while the near-miss design offers credible counterfactuals that share similar risk perceptions and preparedness behaviors. Our findings provide implications for disaster preparedness policies and business resilience strategies in hurricane-prone regions.

Suggested Citation

  • Li, Qingxiao & Abrahams, Scott & Yu, Zhixiu & Yoon, Chaebeen, 2025. "Economic Resilience in the Storm’s Wake: Hurricane Impact on Business Dynamics and Local Market Structure," 2025 AAEA & WAEA Joint Annual Meeting, July 27-29, 2025, Denver, CO 361123, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea25:361123
    DOI: 10.22004/ag.econ.361123
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;

    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:ags:aaea25:361123. 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.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.