Lightning, IT diffusion and economic growth across US states
Jeanet Bentzen (),
Carl-Johan Dalgaard () and
No 2/2011, Discussion Papers of Business and Economics from University of Southern Denmark, Department of Business and Economics
Empirically, a higher frequency of lightning strikes is associated with slower growth in labor productivity across the 48 contiguous US states after 1990; before 1990 there is no correlation between growth and lightning. Other climate variables (e.g., temperature, rainfall and tornadoes) do not conform to this pattern. A viable explanation is that lightning influences IT diffusion. By causing voltage spikes and dips, a higher frequency of ground strikes leads to damaged digital equipment and thus higher IT user costs. Accordingly, the flash density (strikes per square km per year) should adversely affect the speed of IT diffusion. We find that lightning indeed seems to have slowed IT diffusion, conditional on standard controls. Hence, an increasing macroeconomic sensitivity to lightning may be due to the increasing importance of digital technologies for the growth process.
Keywords: Climate; IT diffusion; economic growth (search for similar items in EconPapers)
JEL-codes: O33 O51 Q54 (search for similar items in EconPapers)
Pages: 67 pages
New Economics Papers: this item is included in nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed
Downloads: (external link)
https://www.sdu.dk/-/media/files/om_sdu/institutte ... _2011/dpbe2_2011.pdf Full text (application/pdf)
Journal Article: Lightning, IT Diffusion, and Economic Growth Across U.S. States (2012)
Working Paper: Lightning, IT Diffusion and Economic Growth across US States (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hhs:sdueko:2011_002
Access Statistics for this paper
More papers in Discussion Papers of Business and Economics from University of Southern Denmark, Department of Business and Economics Department of Business and Economics, University of Southern Denmark, Campusvej 55, DK-5230 Odense M, Denmark. Contact information at EDIRC.
Bibliographic data for series maintained by Lene Holbæk ().