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The economic impacts of the UK's Eat Out to Help Out scheme

Nicolas Gonzalez Pampillon, Gonzalo Nunez Chaim and Henry Overman
Authors registered in the RePEc Author Service: Gonzalo Nunez-Chaim

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: We evaluate the economic impacts of the UK's Eat Out to Help Out (EOTHO) scheme on the food service sector. EOTHO subsidised the cost of eating out, with a 50% discount Mondays to Wednesdays in August 2020. We exploit the spatial variation in take-up using a continuous difference-in-differences approach and an instrumental variables strategy. We measure the effect on footfall using mobility data from Google and on employment using job posts from Indeed. Our estimates indicate that a one standard deviation increase in exposure to the EOTHO scheme increased footfall in retail & recreation by 2%-5%, and job posts in the food preparation & service industry by 6%-8%. These effects are transitory, and we do not find evidence of large spillover benefits to non-recreational activities or other sectors.

Keywords: consumption subsidy; Covid-19; instrumental variables; footfall; job posts; coronavirus (search for similar items in EconPapers)
JEL-codes: C30 H29 H32 J23 L83 (search for similar items in EconPapers)
Pages: 45 pages
Date: 2022-07-28
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Downloads: (external link)
http://eprints.lse.ac.uk/117979/ Open access version. (application/pdf)

Related works:
Journal Article: The economic impacts of the UK's eat out to help out scheme (2024) Downloads
Working Paper: The economic impacts of the UK’s Eat Out to Help Out scheme (2024) Downloads
Working Paper: The economic impacts of the UK's eat out to help out scheme (2022) Downloads
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