Covid-19 pandemic, vaccination and household expenditures : regional evidence from Turkish credit card data
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.
Citation
Gul , S , Hacihasanoglu , Y S , Kazdal , A & Yilmaz , M H 2022 , ' Covid-19 pandemic, vaccination and household expenditures : regional evidence from Turkish credit card data ' , Applied Economics Letters , vol. Latest Articles . https://doi.org/10.1080/13504851.2022.2161983
Publication
Applied Economics Letters
Status
Peer reviewed
ISSN
1350-4851Type
Journal article
Collections
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