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http://ssrn.com/abstract=1145923
 
 

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


Eric Strobl


Ecole Polytechnique, Paris - Department of Economic Sciences; Institute for the Study of Labor (IZA)

Frank Walsh


National University of Ireland - University College Dublin


IZA Discussion Paper No. 3544

Abstract:     
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.

Number of Pages in PDF File: 15

Keywords: hurricanes, labour demand, construction industry

JEL Classification: J23, Q54

working papers series


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Date posted: June 16, 2008  

Suggested Citation

Strobl, Eric and Walsh, Frank, The Re-Building Effect of Hurricanes: Evidence from Employment in the US Construction Industry. , Vol. , pp. -, . Available at SSRN: http://ssrn.com/abstract=1145923 or http://dx.doi.org/10.1111/j.0042-7092.2007.00700.x

Contact Information

Eric Strobl (Contact Author)
Ecole Polytechnique, Paris - Department of Economic Sciences ( email )
Ecole Polytechnique
Department of Economics
Paris, 75005
France
Institute for the Study of Labor (IZA)
P.O. Box 7240
Bonn, D-53072
Germany
Frank Walsh
National University of Ireland - University College Dublin ( email )
Department of Economics
Belfield
Dublin 4
Ireland
353-1-7068697 (Phone)
353-1-2830068 (Fax)
HOME PAGE: http://www.ucd.ie/~economic/staff/fwalsh/
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