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Eric Strobl and Frank Walsh |
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''The Re-Building Effect of Hurricanes:
Evidence from Employment in the US Construction Industry
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( 2009, Vol. 29 No.4 ) |
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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 county level employment in construction of a little over 25 per cent. |
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Keywords: hurricanes, labour demand, construction industry |
JEL: Q5 - Environmental Economics: General J2 - Demand and Supply of Labor: General |
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Manuscript Received : Oct 13 2009 | | Manuscript Accepted : Dec 07 2009 |
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