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 | |
| Publication status | E-pub ahead of print - 28 Dec 2022 |
Keywords
- COVID-19 vaccination
- Household expenditures
- Credit cards
- Service industry
Access to Document
- 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.