Barattieri, Alessandro; Borda, Patrice; Brugnoli, Alberto; Pelli, Martino; Tschopp, Jeanne (2023). The short-run, dynamic employment effects of natural disasters: New insights from Puerto Rico. Ecological economics, 205, p. 107693. Elsevier 10.1016/j.ecolecon.2022.107693
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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.
Item Type: |
Journal Article (Original Article) |
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Division/Institute: |
03 Faculty of Business, Economics and Social Sciences > Department of Economics |
UniBE Contributor: |
Tschopp, Jeanne |
Subjects: |
300 Social sciences, sociology & anthropology > 330 Economics |
ISSN: |
0921-8009 |
Publisher: |
Elsevier |
Language: |
English |
Submitter: |
Dino Collalti |
Date Deposited: |
14 Dec 2022 15:07 |
Last Modified: |
18 Dec 2022 02:06 |
Publisher DOI: |
10.1016/j.ecolecon.2022.107693 |
BORIS DOI: |
10.48350/175837 |
URI: |
https://boris.unibe.ch/id/eprint/175837 |
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