Church Membership and Economic Recovery: Evidence from the 2005 Hurricane Season
Iftekhar Hasan,
Stefano Manfredonia and
Felix Noth
The Economic Journal, 2024, vol. 134, issue 664, 3306-3332
Abstract:
This paper investigates the critical role of church membership in the process of economic recovery after high-impact natural disasters. We document a significant adverse treatment effect of the 2005 hurricane season in the Southeastern United States on establishment-level productivity. However, we find that establishments in counties with higher rates of church membership saw a significantly stronger recovery in terms of productivity for 2005–10. We also show that church membership is correlated with post-disaster entrepreneurship activities and population growth.
Date: 2024
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