Search

This paper utilizes a novel dynamic propensity score matching approach for multiple cohorts of U.S. counties between 1989 and 1999 to examine local economy resilience to rare natural disasters. Affected counties are sorted based on disaster intensity and are carefully matched to similar counties that did not experience a disaster. A difference-in-difference estimator compares trends of affected counties' postdisaster business establishments, employment, and payroll to counterfactual trends in the matched counties. All affected counties experienced short-run drops in economic activity that was particularly noticeable in higher-intensity disasters. In the longer run, less distressed counties returned to their estimated counterfactual trends, but countieswith lower predisaster socioeconomic conditions still lagged in growth, particularly in cases of lowerintensity disasters. Policymakers can use this information to better prepare responses to future disasters. [ABSTRACT FROM AUTHOR]

ABSTRACT This paper examines the continued strong population growth in U.S. nonmetropolitan areas possessing high levels of natural amenities during the 1990s and the reasons for near convergence of growth across the top tiers of the amenity hierarchy. Based on estimated parsimonious spatial hedonic growth regressions, strong demand for high-amenity areas continued in the 1990s, but the converging of population growth across the top tiers appeared related to capitalization of amenity differences among the tiers into factor prices. Yet, evidence obtained from controlling for spatial effects suggests that the relative quality of life in the top two tiers had deteriorated. [ABSTRACT FROM AUTHOR]

The globalization of production and the geographic dispersion of economic activity have elevated the importance of the transportation and logistics sectors of the economy. One sector in particular that has experienced significant expansion is maritime transport and container shipping. As the cargo has become increasingly 'discretionary' such that it can conceivably be transported through any port that allows intermodal access to the hinterland, the industry has become much more foot-loose vis-à-vis a particular port of entry. The enhanced mobility of the cargo results in more intense port competition. One particular place to observe and study this dynamic is in the port and terminal selection of shippers and shipping lines and the role of port authorities in attempting to attract these carriers to their facilities. In this paper, the focus is on the role of labor and labor relations in such decisions. These issues will be studied in the context of the potential container traffic rerouting from the West to the East Coast of the U.S. and, as an illustrative case study, how these developments have played out for the East Coast port of Jacksonville, Florida. [ABSTRACT FROM AUTHOR]

This article examines whether the growth of information technology (IT) is associated with a dispersion or concentration of economic activities. The locational Gini coefficient and Moran’s I are first applied to ascertain the relationship between the growth of information technology and the distribution pattern of economic activities at the metropolitan scale. Next, using the Gi* statistic as the dependent variable and the level of information infrastructure as the independent variable, the above relationship is analysed at an intra-metropolitan scale. The results suggest that trends at a metropolitan scale do not necessarily reflect the trends at an intra-metropolitan scale in association. [ABSTRACT FROM AUTHOR]