Transmission of labor market shocks across regions: Evidence from the may 3, 1999 oklahoma city tornado

Mark A. Thompson, Bradley T. Ewing, Jamie B. Kruse

Research output: Contribution to conferencePaperpeer-review

1 Scopus citations

Abstract

This study examined the economic impact of the May 3, 1999 Oklahoma tornado outbreak on the labor markets of Oklahoma City (OK), Wichita (KS), and Kansas City (MO). In particular, this article examines the transmission of shocks to employment growth across these different labor markets. Using monthly employment data from January 1990 to December 2004, we provide empirical evidence on the cross-market relationships that existed before and after the Oklahoma City tornado. The results suggest that the impact of the wind event may have altered labor market dynamics in Oklahoma City, as well as Wichita and Kansas City.

Original languageEnglish (US)
StatePublished - 2005
Externally publishedYes
Event10th Americas Conference on Wind Engineering, ACWE 2005 - Baton Rouge, LA, United States
Duration: May 31 2005Jun 4 2005

Other

Other10th Americas Conference on Wind Engineering, ACWE 2005
Country/TerritoryUnited States
CityBaton Rouge, LA
Period5/31/056/4/05

Keywords

  • Employment growth
  • Tornado
  • Vector autoregression

ASJC Scopus subject areas

  • Renewable Energy, Sustainability and the Environment

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