Review of Economics of the Household ( IF 2.943 ) Pub Date : 2021-03-05 , DOI: 10.1007/s11150-021-09557-8 Mohammad Hoseini 1, 2 , Abolmohsen Valizadeh 1
We use country-wide data on all electronic payments in point-of-sale (POS) and online terminals of Iran to study the change in the pattern of consumption and online-offline substitution during the COVID-19 lockdown and after the relaxation of restrictions in May and June. Using a difference-in-difference approach, we find that during the strictest lockdown month, growth in value of transactions dropped by 41% compared to the benchmark month before the pandemic. After lifting the lockdown, the growth rose by 12% above the benchmark month. We also find that the COVID-19 pandemic led to a spike in online transactions of activities with online terminals and has had a persistent effect on consumer preference for online shopping even after the reopening of the economy.
中文翻译:
COVID-19 封锁和随后重新开放对伊朗消费的影响
我们使用伊朗销售点 (POS) 和在线终端中所有电子支付的全国数据来研究 COVID-19 锁定期间和放松限制后消费和在线-离线替代模式的变化在五月和六月。使用差异中的差异方法,我们发现在最严格的锁定月份,交易价值的增长与大流行前的基准月份相比下降了 41%。解除封锁后,增速比基准月份高出12%。我们还发现,COVID-19 大流行导致在线终端活动的在线交易激增,并且即使在经济重新开放之后,也对消费者对在线购物的偏好产生了持续影响。