Template-type: ReDIF-Paper 1.0

Author-Name: Michele Baggio
Author-Workplace-Name: University of Connecticut
Author-Workplace-Email: michele.baggio@uconn.edu

Author-Name: Alberto Chong
Author-Workplace-Name: Georgia State University
Author-Workplace-Email: achong6@gsu.edu

Author-Name: Metin Cosgel
Author-Workplace-Name: University of Connecticut
Author-Workplace-Email: metin.cosgel@uconn.edu

Title: Violence and Long-run Economic Growth in the United States 

Abstract: We examine patterns of lethal socio-political violence in the United States between 1934 and 2010 and estimate the impact on income growth. The predominant type of violence shifted from riots to rampages over time. Whereas such incidents were heavily concentrated in the South before the 1960s, they spread to all regions by the twenty-first century. Using improved data measurement and applying a difference-in-difference approach designed for multiple types of events, we find that socio-political violence had a significant adverse effect on the growth of personal incomes. The magnitude was greater for racial violence than non-racial violence. Although the initial impact was immediate, it did not last long.

Length: 25 pages

Creation-Date: 2023-10

File-URL: https://icepp.gsu.edu/files/2023/10/paper2320.pdf
File-Format: application/pdf

Handle: RePEc:ays:ispwps:paper2320