000 02339cam a22003737 4500
001 w23410
003 NBER
005 20211020104923.0
006 m o d
007 cr cnu||||||||
008 210910s2017 mau fo 000 0 eng d
100 1 _aBoustan, Leah Platt.
_929336
245 1 4 _aThe Effect of Natural Disasters on Economic Activity in US Counties:
_bA Century of Data /
_cLeah Platt Boustan, Matthew E. Kahn, Paul W. Rhode, Maria Lucia Yanguas.
260 _aCambridge, Mass.
_bNational Bureau of Economic Research
_c2017.
300 _a1 online resource:
_billustrations (black and white);
490 1 _aNBER working paper series
_vno. w23410
500 _aMay 2017.
520 3 _aMore than 100 natural disasters strike the United States every year, causing extensive fatalities and damages. We construct the universe of US federally designated natural disasters from 1920 to 2010. We find that severe disasters increase out-migration rates at the county level by 1.5 percentage points and lower housing prices/rents by 2.5-5.0 percent. The migration response to milder disasters is smaller but has been increasing over time. The economic response to disasters is most consistent with falling local productivity and labor demand. Disasters that convey more information about future disaster risk increase the pace of out-migration.
530 _aHardcopy version available to institutional subscribers
538 _aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538 _aMode of access: World Wide Web.
588 0 _aPrint version record
690 7 _aN42 - U.S. • Canada: 1913–
_2Journal of Economic Literature class.
690 7 _aQ5 - Environmental Economics
_2Journal of Economic Literature class.
690 7 _aR23 - Regional Migration • Regional Labor Markets • Population • Neighborhood Characteristics
_2Journal of Economic Literature class.
700 1 _aKahn, Matthew E.
700 1 _aRhode, Paul W.
_919363
700 1 _aYanguas, Maria Lucia.
710 2 _aNational Bureau of Economic Research.
830 0 _aWorking Paper Series (National Bureau of Economic Research)
_vno. w23410.
856 4 0 _uhttps://www.nber.org/papers/w23410
856 _yAcceso en lĂ­nea al DOI
_uhttp://dx.doi.org/10.3386/w23410
942 _2ddc
_cW-PAPER
999 _c324712
_d283274