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Impact of COVID-19 on household consumption in Russia

Valentin Voytenkov () and Olga Demidova ()
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Valentin Voytenkov: HSE University, Moscow, Russia;
Olga Demidova: HSE University, Moscow, Russia;

Applied Econometrics, 2023, vol. 72, 73-99

Abstract: This paper investigates the impact of the COVID-19 pandemic on household consumption patterns in Russia. We use household budget survey data, modelling the impact of household socioeconomic characteristics on consumption patterns. Additionally, we account for the regional heterogeneity of the severity of the quarantine measures. The results indicate a quantitative change in household consumption structure, but consumers’ behaviour patterns remain unchanged.

Keywords: micro-level analysis; COVID-19; consumption structure; rigidity of quarantine restrictions; income; education attainment. (search for similar items in EconPapers)
JEL-codes: C21 D12 H12 R29 (search for similar items in EconPapers)
Date: 2023
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