What effects do hurricanes hitting Florida have on the counties—be careful to di
ID: 1109300 • Letter: W
Question
What effects do hurricanes hitting Florida have on the counties—be careful to distinguish the counties directly hit by hurricane from their neighbours? How do the ‘natural experiments’ associated the Florida hurricanes differ from the Mariel boat lift ‘experiment’? Does Borjas think that the Florida hurricane experiments provide more believable/credible results? Why or why not? What effects do hurricanes hitting Florida have on the counties—be careful to distinguish the counties directly hit by hurricane from their neighbours? How do the ‘natural experiments’ associated the Florida hurricanes differ from the Mariel boat lift ‘experiment’? Does Borjas think that the Florida hurricane experiments provide more believable/credible results? Why or why not? What effects do hurricanes hitting Florida have on the counties—be careful to distinguish the counties directly hit by hurricane from their neighbours? How do the ‘natural experiments’ associated the Florida hurricanes differ from the Mariel boat lift ‘experiment’? Does Borjas think that the Florida hurricane experiments provide more believable/credible results? Why or why not?Explanation / Answer
Hurricane hitting florida would prove to be a costlier disaster to florida. As, it would create destruction of human as well as other capital. The neighbor country won't be on any better off either. As is florida is its trading partner, for any commodity or service it would suffer too.
Natural experiments are observational studies which can be undertaken to assess the outcomes and impacts of policy interventions. Whereas, Mariel boat lifts experiment explains how the immigrating of labours from other countries, lowers the overall wage rates which is in respect of other countries.
Yes, as the hurricane irma hit florida and because of natural experiments, lots of homes were saved.
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