The short-run, dynamic employment effects of natural disasters: New insights from Puerto Rico

被引:16
作者
Barattieri, Alessandro [1 ]
Borda, Patrice [2 ]
Brugnoli, Alberto [3 ]
Pelli, Martino [4 ,5 ,6 ,7 ]
Tschopp, Jeanne [8 ]
机构
[1] ESG UQAM, Case Postale 8888,Sucursale Ctr Ville, Montreal, PQ H3C 3P8, Canada
[2] Univ Antilles, UFR Sci Jurid & Econorn, Campus Fouillole,BP 270, F-97157 Pointe Pitre, Guadeloupe, France
[3] Univ Bergamo, Dept Econ, Via Caniana 2, I-24127 Bergamo, Italy
[4] Univ Sherbrooke, Dept Econ, 2500 Blvd Univ, Sherbrooke, PQ, Canada
[5] CIREQ, Montreal, PQ, Canada
[6] CIRANO, Montreal, PQ, Canada
[7] GREDI, Sherbrooke, PQ, Canada
[8] Univ Bern, Dept Econ, Schanzeneckstr 1, CH-3001 Bern, Switzerland
基金
瑞士国家科学基金会;
关键词
Hurricanes; Employment; High-frequency data; Local projections; HURRICANE-KATRINA; CREATIVE DESTRUCTION; TROPICAL CYCLONES; REGIONAL IMPACTS; GROWTH; HETEROGENEITY; MIGRATION; LANDSCAPE; OUTCOMES; WAGES;
D O I
10.1016/j.ecolecon.2022.107693
中图分类号
Q14 [生态学(生物生态学)];
学科分类号
071012 ; 0713 ;
摘要
We study the short-run, dynamic employment effects of natural disasters. We exploit monthly data for 70 3 -digits NAICS industries and 78 Puerto Rican counties over the period 1995-2019. Our exogenous measure of exposure to natural disasters is computed using the maximum wind speed recorded in each county during each hurricane. Using panel local projections, we find that after the "average"hurricane, employment falls by 0.5% on average. Across industries, we find substantial heterogeneity in the employment responses. Employment increases in some industries while in others employment decreases after a hurricane. This heterogeneity can be partly explained by input-output linkages.
引用
收藏
页数:31
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