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

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 country level employment in construction of a little over 25 per cent.

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Year of publication:	2008-06
Authors:	Strobl, Eric ; Walsh, Frank
Institutions:	Institute for the Study of Labor (IZA)
Subject:	hurricanes \| labour demand \| construction industry

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Extent:	application/pdf
Series:	IZA Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 3544 15 pages
Classification:	J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment ; Q54 - Climate; Natural Disasters
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005822310