Abstract

http://ssrn.com/abstract=1474740
 
 

References (36)



 
 

Citations (1)



 


 



Lightning, IT Diffusion and Economic Growth Across US States


Thomas Barnebeck Andersen


University of Southern Denmark - Department of Business and Economics

Jeanet Sinding Bentzen


University of Copenhagen - Department of Economics

Carl‐Johan Dalgaard


University of Copenhagen - Department of Economics

Pablo Selaya


University of Copenhagen - Department of Economics; Visiting scholar

September 10, 2009

University of Copenhagen Department of Economics Discussion Paper No. 09-18

Abstract:     
Empirically, a higher frequency of lightning strikes is associated with slower growth in labor productivity across the 48 contiguous US states after 1990; before 1990 there is no correlation between growth and lightning. Other climate variables (e.g., temperature, rainfall and tornadoes) do not conform to this pattern. A viable explanation is that lightning influences IT diffusion. By causing voltage spikes and dips, a higher frequency of ground strikes leads to damaged digital equipment and thus higher IT user costs. Accordingly, the flash density (strikes per square km per year) should adversely affect the speed of IT diffusion. We find that lightning indeed seems to have slowed IT diffusion, conditional on standard controls. Hence, an increasing macroeconomic sensitivity to lightning may be due to the increasing importance of digital technologies for the growth process.

Number of Pages in PDF File: 60

Keywords: climate, IT diffusion, economic growth

JEL Classification: O33, O51, Q54

working papers series


Download This Paper

Date posted: September 17, 2009  

Suggested Citation

Andersen, Thomas Barnebeck and Bentzen, Jeanet Sinding and Dalgaard, Carl‐Johan and Selaya, Pablo, Lightning, IT Diffusion and Economic Growth Across US States (September 10, 2009). University of Copenhagen Department of Economics Discussion Paper No. 09-18. Available at SSRN: http://ssrn.com/abstract=1474740 or http://dx.doi.org/10.2139/ssrn.1474740

Contact Information

Thomas Barnebeck Andersen
University of Southern Denmark - Department of Business and Economics ( email )
Campusvej 55
DK-5230 Odense, 5000
Denmark
Jeanet Bentzen
University of Copenhagen - Department of Economics ( email )
Copenhagen University Library
Licenssekretariatet Nørre Alle 49
DK-2200 Copenhagen N.
Denmark
Carl-Johan Lars Dalgaard (Contact Author)
University of Copenhagen - Department of Economics ( email )
Copenhagen University Library
Licenssekretariatet Nørre Alle 49
DK-2200 Copenhagen N.
Denmark
+45 3532 4407 (Phone)
Pablo Selaya
University of Copenhagen - Department of Economics ( email )
Copenhagen University Library
Licenssekretariatet Nørre Alle 49
DK-2200 Copenhagen N.
Denmark
HOME PAGE: http://www.econ.ku.dk/pabloselaya
Visiting scholar ( email )
1875 Cambridge Street
Cambridge, MA 02138
United States
HOME PAGE: http://scholar.harvard.edu/pselaya
Feedback to SSRN


Paper statistics
Abstract Views: 375
Downloads: 12
References:  36
Citations:  1

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo8 in 0.235 seconds