State-wide effects of natural disasters on the labor market

Chaiechi, Taha, Pryce, Josephine, Ciccotosto, Sue, and Billa, Lawal (2020) State-wide effects of natural disasters on the labor market. In: Chaiechi, Taha, (ed.) Economic Effects of Natural Disasters: theoretical foundations, methods, and tools. Elsevier, London, UK, pp. 211-224.

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Abstract

Some scientific evidence predicts that extreme weather events are becoming more frequent and more violent. While this is debatable, there is a general consensus that the socioeconomic harm (such as lost aggregate output) caused by natural disasters is substantial and escalating. Conversely, the effects of natural disasters on specific economic sectors such as the labor market are still largely unknown. In the absence of such evidence, this article tends to draw on principles of the post-Keynesian theory of growth and distribution to propose a framework for capturing labor market response to devastating natural disasters. Consequently, the fundamental objective of this chapter is to explore the links through which natural disasters affect regional labor market using time series methods and estimation techniques.

Item ID: 64620
Item Type: Book Chapter (Research - B1)
ISBN: 978-0-12-817465-4
Copyright Information: Copyright © 2021 Elsevier Inc. All rights reserved.
Date Deposited: 19 Oct 2020 00:35
FoR Codes: 14 ECONOMICS > 1402 Applied Economics > 140211 Labour Economics @ 50%
14 ECONOMICS > 1403 Econometrics > 140305 Time-Series Analysis @ 50%
SEO Codes: 91 ECONOMIC FRAMEWORK > 9101 Macroeconomics > 910107 Macro Labour Market Issues @ 50%
91 ECONOMIC FRAMEWORK > 9199 Other Economic Framework > 919999 Economic Framework not elsewhere classified @ 50%
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