000			01230nam a22001577a 4500
999			_c522283 _d522283
008			230328b ||||| |||| 00| 0 eng d
100			_aDolfen, Paul et al _939151
245			_aAssessing the gains from e-commerce
260			_aAmerican Economic Journal: Macroeconomics
300			_a15(1), Jan, 2023: p.342-370
520			_aE-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			_aHousehold Finance: Household Saving, Borrowing, Debt, and Wealth, Retail and Wholesale Trade; e-Commerce _939152
773			_aAmerican Economic Journal: Macroeconomics
906			_aE-COMMERCE
942			_cAR