On the Economic Consequences of Mass Shootings

Abel Brodeur and Hasin Yousaf

No 1133, GLO Discussion Paper Series from Global Labor Organization (GLO)

Abstract: In this paper, we investigate the economic consequences of mass shootings. We find that shootings have negative effects on targeted counties' economies. Estimates using three different comparison groups yield similar results. Examining the mechanisms, we find that residents of targeted areas: (i) develop pessimistic views of financial and local business conditions; and (ii) are more likely to report poor mental health, which hinders usual activities such as work, suggesting that shootings lead to decreases in productivity. Further, we find that greater national media coverage of shootings exacerbates their local economic consequences.

Keywords: Mass Shootings; Employment; Absenteeism; Economic Expectations; Media Coverage (search for similar items in EconPapers)
JEL-codes: C13 D74 D84 I15 L82 (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-hea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Journal Article: On the Economic Consequences of Mass Shootings (2025)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:glodps:1133

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