Showing 1 - 10 of 14
We use daily transaction data in 214 cities to study the impact of COVID-19 on consumption after China's outbreak in late January 2020. Based on difference-in-differences estimation, daily offline consumption—via UnionPay card and QR scanner transactions—fell by 32%, or 18.57 million RMB per...
Persistent link: https://www.econbiz.de/10012837874
Persistent link: https://www.econbiz.de/10012547538
We study the spending response at offline retailers to China's Singles Day, the world's largest E-Commerce shopping holiday. Consumer's credit and debit card spending at the brick-and-mortar stores increases by 10.6% on the Singles Day during 2013-2017. The increase is concentrated in physical...
Persistent link: https://www.econbiz.de/10012832095
Persistent link: https://www.econbiz.de/10014383087
Persistent link: https://www.econbiz.de/10003519371
Persistent link: https://www.econbiz.de/10011664638
Persistent link: https://www.econbiz.de/10015076849
Persistent link: https://www.econbiz.de/10014460860
Persistent link: https://www.econbiz.de/10014462253
Persistent link: https://www.econbiz.de/10014326026