IMF Working Papers Volume 2022 Issue 019: E-commerce During Covid: Stylized Facts from 47 Economies (2022)

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E-commerce During Covid: Stylized Facts from 47 Economies

Author:

Alberto Cavallo

Alberto Cavallonull

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Ms. Prachi Mishra

Ms. Prachi Mishra
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, and

Mr. Antonio Spilimbergo

Mr. Antonio Spilimbergo
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Series:: IMF Working Papers

Volume/Issue:: Volume 2022: Issue 019

Publication Date:: 28 Jan 2022

DOI:: https://doi.org/10.5089/9781616359218.001

ISBN:: 9781616359218

ISSN:: 1018-5941

Pages:: 19

Keywords:: COVID-19; Technological Change; consumption; digitalization; e-commerce; IMF working paper research Department; e-commerce share; COVID trend; data from Mastercard; spending share; COVID-19; Consumer credit; Consumption; Tourism; Global

Legal-disclaimer:: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Series:: IMF Working Papers

Volume/Issue:: Volume 2022: Issue 019

Language:: English

Publication Date:: 28 Jan 2022

DOI:: https://doi.org/10.5089/9781616359218.001

ISBN:: 9781616359218

ISSN:: 1018-5941

Pages:: 19

Keywords:: COVID-19; Technological Change; consumption; digitalization; e-commerce; IMF working paper research Department; e-commerce share; COVID trend; data from Mastercard; spending share; COVID-19; Consumer credit; Consumption; Tourism; Global

Legal-disclaimer:: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

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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.

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IMF Working Papers

ISSN:: 1018-5941

Publisher:: International Monetary Fund

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