Early-Life Local Labor Market Conditions and Old-Age Male Mortality: Evidence from Historical Deindustrialization of the New England Textile Sector
Previous studies document the potential links between early-life insults and life-cycle outcomes. However, fewer studies examine the effects of local labor market shocks during early-life on old-age male mortality. This article empirically investigates this link using a large-scale deindustrialization as a source of shocks to local labor markets: the decline in the New England’s textile industry during the 1920s and 1930s. Consistent with prior studies, we find small impacts on migration and changes in sociodemographic composition of counties post-deindustrialization. Using Social Security Administration death records linked with historical censuses 1900-1940 and difference-in-difference event studies, we find reductions in longevity for those born in highly-exposed counties whose families are categorized as non-migrants and those residing in non-urban areas. The results suggest intent-to-treat effects of about 3.3 months while the treatment-on-treated calculations suggest reductions of about 4 years in longevity of children of affected families. Using 1950-1960 census data, we find that those born in highly-exposed counties post-deindustrialization reveal large reductions in schooling, decreases in high school completion, and significant decreases in measures of socioeconomic standing. We further discuss the policy implication of these findings.