Pandemic, Mobile Payment, and Household Consumption: Micro-Evidence from China

Taixing Liu, Beixiao Pan and Zhichao Yin

Emerging Markets Finance and Trade, 2020, vol. 56, issue 10, 2378-2389

Abstract: The novel coronavirus disease (COVID-19) outbreak has significantly affected many lives, as indicated by widespread lockdowns and restrictions. This study investigates the impact of COVID-19 on Chinese household consumption. It employs the China Household Finance Survey (CHFS) data and finds that there was a significant decline in household consumption during the outbreak period. Further heterogeneity analysis shows that the pandemic suppresses consumption in urban households; rural households are, however, less affected. Moreover, mobile payment promotes urban household consumption during the pandemic, while rural households remain unaffected.

Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (48)

Downloads: (external link)
http://hdl.handle.net/10.1080/1540496X.2020.1788539 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mes:emfitr:v:56:y:2020:i:10:p:2378-2389

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MREE20

DOI: 10.1080/1540496X.2020.1788539

Access Statistics for this article

More articles in Emerging Markets Finance and Trade from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().