Hurricanes, flood risk and the economic adaptation of businesses

Abstract We use administrative data containing all business establishments in New York City to analyze how businesses reacted to flooding in the context of Hurricane Sandy (October 2012). We find that flooding led to reductions in employment (of about 4%) and average wages (of about 2%) among the af...

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Veröffentlicht in:	Journal of economic geography 2021-07, Vol.21 (4), p.557-591
Hauptverfasser:	Indaco, Agustín, Ortega, Francesc, Taṣpınar, and Süleyman
Format:	Artikel
Sprache:	eng
Online-Zugang:	Volltext
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