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DOI10.1007/s11069-021-04588-x
Earth, wind, water, fire and man: How disasters impact firm births in the USA
Edobor E.W.; Marshall M.I.
发表日期2021
ISSN0921030X
起始页码395
结束页码421
卷号107期号:1
英文摘要Most studies on organizational formation are based on trying to understand the role that attitudinal and macroeconomic factors play in the births and deaths of firms. This study sought to understand the role that extreme events or disasters play in this process, particularly, the creation of new firm establishments. We used decade-long panel data on disasters, as well as selected macroeconomic and demographic variables to determine the critical factors driving firm births and deaths. Data were collected from the period 2005 to 2014 and across 366 metropolitan statistical areas in the USA. Firm births and deaths were proxied using establishment entry and exit to better reflect geographical spread of firm activity. Several fixed effect regression models were estimated using different disaster classification schemes. We find very little evidence suggesting a role for disasters in the creation of new firm establishments. We also find that the unemployment rates, recession, and poverty rates all negatively impact the creation of new establishments. We find that a high Asian population, as well as having a high proportion of individuals between the age of 40 and 59 years, was associated with higher establishment entry. © 2021, The Author(s), under exclusive licence to Springer Nature B.V. part of Springer Nature.
关键词DisastersEstablishment entryEstablishment exitFirm births and deathsRecession
英文关键词disaster management; disaster relief; macroeconomics; metropolitan area; mortality; natural hazard; United States
语种英语
来源期刊Natural Hazards
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/206203
作者单位Department of Agricultural Economics, Purdue University, Krannert Building, 403 W. State Street, West Lafayette, IN 47907, United States
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Edobor E.W.,Marshall M.I.. Earth, wind, water, fire and man: How disasters impact firm births in the USA[J],2021,107(1).
APA Edobor E.W.,&Marshall M.I..(2021).Earth, wind, water, fire and man: How disasters impact firm births in the USA.Natural Hazards,107(1).
MLA Edobor E.W.,et al."Earth, wind, water, fire and man: How disasters impact firm births in the USA".Natural Hazards 107.1(2021).
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