E-Commerce During COVID in Spain: One “Click” Does Not Fit All
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Summary:
The share of e-commerce in total credit-card spending boomed during Covid in Spain. In particular, women, youth, and urban consumers used e-commerce proportionally more during the pandemic, especially for services. Using a unique proprietary dataset on credit card transactions, we test conjectures about consumers’ behavior (based on fear, hoarding, or learning) during Covid. Overall, e-commerce share reverted to its pre-Covid trend as the pandemic waned. However, some consumers with lower pre-Covid e-commerce usage tend to permanently use more e-commerce, supporting the conjecture of “learning by locking” for these individuals.
Series:
Working Paper No. 2024/107
Subject:
Consumption COVID-19 Expenditure Health National accounts Population and demographics Total expenditures
Frequency:
regular
English
Publication Date:
May 24, 2024
ISBN/ISSN:
9798400277399/1018-5941
Stock No:
WPIEA2024107
Format:
Paper
Pages:
36
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