Hyunbae Chun , Hailey Hayeon Joo , Jisoo Kang , Yoonsoo Lee
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引用次数: 0
Abstract
The rapid growth of e-commerce is widely blamed for job losses in brick-and-mortar retail. Using geographic variations in online spending, constructed from over 30 billion credit card transactions in Korea, we examine the causal effect of e-commerce on local retail employment. We find that the rise in the share of online spending from 2010 to 2015 decreased county-level retail employment by about 4.9 percent. We also find that employment shifted from offline retail to other local businesses, such as restaurants and personal services. However, the shift in employment was confined to metropolitan areas, falling far short of offsetting employment losses in non-metropolitan areas. Our finding suggests that a Retail Job Apocalypse is likely in certain local labor markets (i.e., non-metropolitan areas).
期刊介绍：
The Journal of Urban Economics provides a focal point for the publication of research papers in the rapidly expanding field of urban economics. It publishes papers of great scholarly merit on a wide range of topics and employing a wide range of approaches to urban economics. The Journal welcomes papers that are theoretical or empirical, positive or normative. Although the Journal is not intended to be multidisciplinary, papers by noneconomists are welcome if they are of interest to economists. Brief Notes are also published if they lie within the purview of the Journal and if they contain new information, comment on published work, or new theoretical suggestions.
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