Covid-19 pandemic, vaccination and household expenditures: regional evidence from Turkish credit card data

Selcuk Gul; Yavuz Selim  Hacihasanoglu; Abdullah  Kazdal; Muhammed Hasan Yilmaz

doi:10.1080/13504851.2022.2161983

Covid-19 pandemic, vaccination and household expenditures: regional evidence from Turkish credit card data

Selcuk Gul, Yavuz Selim Hacihasanoglu, Abdullah Kazdal, Muhammed Hasan Yilmaz^*

^*Corresponding author for this work

Finance (Business School)

Research output: Contribution to journal › Article › peer-review

Abstract

The COVID-19 pandemic induced a volatile pattern in household expenditures on a global scale. In this study, we analyse the mitigating effect of vaccination trends on pandemic-related depression in expenditures by exploiting province-level high-frequency credit and debit card data from a large emerging market, Türkiye. The baseline analysis confirms the moderating role of widespread vaccination with respect to consumption tendencies. Our baseline findings are validated by a myriad of robustness checks. Moreover, we show that this effect on pandemic-household expenditures nexus is stronger for provinces with a higher share of services industries in total value-added.

Original language	English
Number of pages	4
Journal	Applied Economics Letters
Volume	Latest Articles
Early online date	28 Dec 2022
DOIs	https://doi.org/10.1080/13504851.2022.2161983
Publication status	E-pub ahead of print - 28 Dec 2022

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 3 Good Health and Well-being

Keywords

COVID-19 vaccination
Household expenditures
Credit cards
Service industry

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10.1080/13504851.2022.2161983Licence: CC BY

Gul_2023_AEL_COVID-19-pandemic_CC
Copyright © 2022 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Final published version, 615 KBLicence: CC BY

Cite this

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AU - Yilmaz, Muhammed Hasan

PY - 2022/12/28

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KW - Service industry

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JF - Applied Economics Letters

ER -

Covid-19 pandemic, vaccination and household expenditures: regional evidence from Turkish credit card data

Abstract

UN SDGs

Keywords

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