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E-Commerce During COVID in Spain: One “Click” Does Not Fit All
Author:
Prachi Mishra
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,
Alvaro Ortiz
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,
Tomasa Rodrigo
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,
Antonio Spilimbergo
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Sirenia Vazquez
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Series:
IMF Working Papers
Volume/Issue:
Volume 2024: Issue 107
Language:
English
Publication Date:
24 May 2024
DOI:
https://doi.org/10.5089/9798400277399.001
ISBN:
9798400277399
ISSN:
1018-5941
Pages:
36
Keywords:
e-commerce; Covid; learning; e-commerce share; aggregate consumption e-commerce; Covid trend; share of e-commerce; Covid e-commerce usage; COVID-19; Consumption; Total expenditures; Europe
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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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.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund