A Note on the Reduction in Hospitality Sales Prior to a State’s COVID-related Stay-at-Home Order: Evidence from Maine, USA
Todd Gabe and
Andrew Crawley
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper examines Maine’s (USA) daily hospitality sales over the period of February 1 to April 30, 2020, with a focus on the period covering the state’s COVID-related Stay-at-Home order and the days immediately before the order was issued on April 2. Results show that consumers substantially lowered their spending prior to April 2—even more so than during the Stay-at-Home order—which suggests that a recovery in the hospitality industry is dependent on behavioral as well as statutory considerations.
Keywords: COVID-19; Hospitality Sales; Maine; Stay-at-Home Order (search for similar items in EconPapers)
JEL-codes: I12 L83 R11 (search for similar items in EconPapers)
Date: 2020-08-01
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:102362
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