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
Authors:	Strobl, Eric ; Walsh, Frank A.
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	Sturm \| Katastrophenschaden \| Bauwirtschaft \| Arbeitsnachfrage \| Beschäftigungseffekt \| Regionaler Arbeitsmarkt \| USA \| Hurricanes \| labour demand \| construction industry

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Series:	IZA Discussion Papers ; 3544
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	571194397 [GVK] hdl:10419/35089 [Handle]
Classification:	J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment
Source:	EconStor

Persistent link: https://www.econbiz.de/10010277116