Publication: The Great Recession and Job Loss Spillovers: Impact of Tradable Employment Shocks on Supporting Services
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Date
2016-01
ISSN
Published
2016-01
Author(s)
Abstract
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.
Link to Data Set
Citation
“Nguyen, Ha; Rezaei, Shawheen; Agarwal, Divya. 2016. The Great Recession and Job Loss Spillovers: Impact of Tradable Employment Shocks on Supporting Services. Policy Research Working Paper;No. 7543. © World Bank, Washington, DC. http://hdl.handle.net/10986/23715 License: CC BY 3.0 IGO.”
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