The Great Recession and Job Loss Spillovers : Impact of Tradable Employment Shocks on Supporting Services
This paper explores the spillover effects of job losses via input-output linkages during the Great Recession. Exploiting exogenous variation in tradable employment shocks across U.S. counties, the paper finds that job losses in a county’s tradable sectors cause further job losses in the county’s supporting services. For a given county, a 10 percent exogenous decline in tradable employment reduces supporting industries’ employment by 3.8 percent. In addition, a county’s regional supporting services are relatively less affected by its tradable job losses than its local supporting services are, which reinforces the argument that the spillovers are due to input-output linkages
Year of publication: |
2016
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Authors: | Agarwal, Divya ; Nguyen, Ha ; Rezaei, Shawheen |
Publisher: |
2016: World Bank, Washington, DC |
Saved in:
freely available
Extent: | 1 Online-Ressource |
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Series: | Policy Research Working Paper ; No. 7543 |
Type of publication: | Book / Working Paper |
Notes: | United States English en_US |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012571335
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