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The Re-Building Effect of Hurricanes: Evidence from Employment in the US Construction Industry
by Eric Strobl, Frank Walsh
(June 2008)

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.
Text: See Discussion Paper No. 3544  




 

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