Back to trend: COVID effects on E-commerce in 44 countries

IF 1.3 3区经济学 Q3 ECONOMICS

Journal of Macroeconomics Pub Date : 2025-06-09 DOI:10.1016/j.jmacro.2025.103682

Joel Alcedo , Alberto Cavallo , Prachi Mishra , Antonio Spilimbergo

引用次数: 0

Abstract

We study online spending shares in 44 economies and 26 industries during the COVID-19 pandemic, using online transaction data from Mastercard. The online shares of total credit card transactions surged during the pandemic during lockdowns, but since returned to pre-pandemic trends in most countries. The differences between countries are strongly correlated with the mobility and fiscal measures. There is little evidence of permanent structural changes in e-commerce spending patterns. Finally, we estimate that COVID-19-related restrictions on in-person spending imposed average welfare costs of 7 percent.

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回到趋势：新冠疫情对44个国家电子商务的影响

我们使用万事达卡的在线交易数据，研究了COVID-19大流行期间44个经济体和26个行业的在线支出份额。在大流行期间，信用卡交易总额的在线份额激增，但此后在大多数国家又回到了大流行前的趋势。各国之间的差异与流动性和财政措施密切相关。几乎没有证据表明电子商务消费模式发生了永久性的结构性变化。最后，我们估计，与covid -19相关的对面对面支出的限制造成了平均7%的福利成本。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Macroeconomics ECONOMICS-

CiteScore

2.50

自引率

7.10%

发文量

审稿时长

76 days

期刊介绍： Since its inception in 1979, the Journal of Macroeconomics has published theoretical and empirical articles that span the entire range of macroeconomics and monetary economics. More specifically, the editors encourage the submission of high quality papers that are concerned with the theoretical or empirical aspects of the following broadly defined topics: economic growth, economic fluctuations, the effects of monetary and fiscal policy, the political aspects of macroeconomics, exchange rate determination and other elements of open economy macroeconomics, the macroeconomics of income inequality, and macroeconomic forecasting.