| 000 -LEADER |
| fixed length control field |
01230nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
230328b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Dolfen, Paul et al |
| 245 ## - TITLE STATEMENT |
| Title |
Assessing the gains from e-commerce |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
American Economic Journal: Macroeconomics |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
15(1), Jan, 2023: p.342-370 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
E-commerce represents a rapidly growing share of consumer spending in the United States. We use transactions-level data on credit and debit cards from Visa, Inc. between 2007 and 2017 to quantify the resulting consumer surplus. We estimate e-commerce reached 8 percent of consumption by 2017, yielding the equivalent of a 1 percent boost to their consumption, or over $1,000 per household per year. While some of the gains arose from avoiding travel costs to local merchants, most of the gains stemmed from substituting to merchants available online but not locally. Higher income consumers gained more, as did consumers in more densely populated counties.- Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
Household Finance: Household Saving, Borrowing, Debt, and Wealth, Retail and Wholesale Trade; e-Commerce |
| 9 (RLIN) |
39152 |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
American Economic Journal: Macroeconomics |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
E-COMMERCE |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |