Impacts of Ttyphoons on Local Labor Markets Based on GDD: An Empirical Study of Guangdong Province, China

Xianhua Wu () and Ji Guo ()
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Xianhua Wu: Nanjing University of Information Science and Technology
Ji Guo: Shanghai Maritime University

Chapter Chapter 6 in Economic Impacts and Emergency Management of Disasters in China, 2021, pp 167-188 from Springer

Abstract: Abstract What impacts do typhoons have on local labor markets? Few empirical researches have been conducted in China. By collecting the data of 23 quarters of Guangdong province from 2009 to 2014 and using generalized difference-in-difference (abbreviated GDD), this paper analyzes the impacts of typhoons on labor markets from the perspectives of general effect, regional effect, intensity effect and time effect respectively. In addition, a comparative analysis is carried out between this study and similar studies of developed countries. The results show that: (1) though the effects of typhoons on employment are insignificant, high-strength typhoons can cause a 5.15% decline in per capita labor remuneration; (2) the effects of typhoons on labor remuneration, with cyclical characteristics, circle every four quarters. The negative impacts in the current quarter are followed by two quarters of positive adjustment and the final quarter of the recovery to pre-disaster levels; (3) the results of this study are different from those of the studies whose subjects are developed countries, which may be caused by the distinctiveness of China’s labor market. Finally, conclusions and corresponding suggestions are presented.

Keywords: GDD; Typhoon disasters; Labor market (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-1319-7_6

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DOI: 10.1007/978-981-16-1319-7_6

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