E-commerce during COVID: stylized facts from 47 economies
Working Paper Series - National Bureau of Economic Research (Massachusetts) 2022. (w29729):19 pp. 19 ref.
; 2022.
Article
in English
| CAB Abstracts | ID: covidwho-2002486
ABSTRACT
We study e-commerce across 47 economies and 26 industries during the COVID-19 pandemic using aggregated and anonymized transaction-level data from Mastercard, scaled to represent total consumer spending. The share of online transactions in total consumption increased more in economies with higher pre-pandemic e-commerce shares, exacerbating the digital divide across economies. Overall, the latest data suggest that these spikes in online spending shares are dissipating at the aggregate level, though there is variation across industries. In particular, the share of online spending in professional services and recreation has fallen below its pre-pandemic trend, but we observe a longer-lasting shift to digital in retail and restaurants.
Consumer Economics [EE720]; Food Service [QQ700]; Communication and Mass Media [UU360]; Marketing and Distribution [EE700]; Leisure, Recreation and Tourism Economics [EE119]; Tourism and Travel [UU700]; Information and Documentation [CC300]; coronavirus disease 2019; internet; consumers; consumption; recreation; restaurants; trends; e-commerce; tourist industry; tourism
Full text:
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Collection:
Databases of international organizations
Database:
CAB Abstracts
Language:
English
Journal:
Working Paper Series - National Bureau of Economic Research (Massachusetts) 2022. (w29729):19 pp. 19 ref.
Year:
2022
Document Type:
Article
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