Publication:
Winners and Losers from COVID-19: Global Evidence from Google Search

dc.contributor.author Abay, Kibrom A.
dc.contributor.author Tafere, Kibrom
dc.contributor.author Woldemichael, Andinet
dc.date.accessioned 2020-06-04T14:43:54Z
dc.date.available 2020-06-04T14:43:54Z
dc.date.issued 2020-06
dc.description.abstract As COVID-19 continues to wreak havoc across the world, researchers are attempting to quantify the economic fallout from the pandemic as it continues to unfold. Estimating the economic impacts of a prevailing pandemic is fraught with uncertainties about the epidemiology of the disease and the breadth of disruption of economic activities. This paper employs historical and near real-time Google search data to estimate the immediate impacts of COVID-19 on demand for selected services across 182 countries. The analysis exploits the temporal and spatial variations in the spread of the virus and finds that demand for services that require face-to-face interaction, such as hotels, restaurants and retail trade, has substantially contracted. In contrast, demand for services that can be performed remotely or provide solutions to the challenges of reduced personal interactions, such as information and communications technology (ICT), and deliveries, has increased significantly. In a span of three months, the pandemic has resulted in a 63 percent reduction in demand for hotels, while increasing demand for ICT by a comparable rate. The impacts appear to be driven by supply contractions, due to social distancing and lockdown measures, and demand shocks as consumers shelter in place, with the latter dominating for most services. The magnitude of the changes in demand varies considerably with government responses to the pandemic. en
dc.identifier http://documents.worldbank.org/curated/en/821821591104924698/Winners-and-Losers-from-COVID-19-Global-Evidence-from-Google-Search
dc.identifier.uri http://hdl.handle.net/10986/33852
dc.language English
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Policy Research Working Paper;No. 9268
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo
dc.subject CORONAVIRUS
dc.subject COVID-19
dc.subject PANDEMIC IMPACT
dc.subject GOOGLE SEARCH DATA
dc.subject ECONOMIC ACTIVITY
dc.subject DEMAND
dc.subject INFORMATION AND COMMUNICATION TECHNOLOGY
dc.subject CONSUMER DEMAND
dc.subject GOOGLE TRENDS
dc.subject ONLINE SEARCH
dc.title Winners and Losers from COVID-19 en
dc.title.subtitle Global Evidence from Google Search en
dc.type Working Paper en
dc.type Document de travail fr
dc.type Documento de trabajo es
dspace.entity.type Publication
okr.crossref.title Winners and Losers from COVID-19: Global Evidence from Google Search
okr.date.disclosure 2020-06-02
okr.doctype Publications & Research
okr.doctype Publications & Research :: Policy Research Working Paper
okr.docurl http://documents.worldbank.org/curated/en/821821591104924698/Winners-and-Losers-from-COVID-19-Global-Evidence-from-Google-Search
okr.identifier.doi 10.1596/1813-9450-9268
okr.identifier.externaldocumentum 090224b0879d13de_2_0
okr.identifier.internaldocumentum 32087336
okr.identifier.report WPS9268
okr.imported true en
okr.language.supported en
okr.pdfurl http://documents.worldbank.org/curated/en/821821591104924698/pdf/Winners-and-Losers-from-COVID-19-Global-Evidence-from-Google-Search.pdf en
okr.statistics.combined 7954
okr.statistics.dr 821821591104924698
okr.statistics.drstats 2480
okr.topic Information and Communication Technologies :: ICT Data and Statistics
okr.topic Information and Communication Technologies :: ICT Economics
okr.topic Macroeconomics and Economic Growth :: Consumption
okr.topic Macroeconomics and Economic Growth :: Economic Forecasting
okr.topic Macroeconomics and Economic Growth :: Economic Growth
okr.topic Macroeconomics and Economic Growth :: Economic Theory & Research
okr.unit Development Research Group, Development Economics
relation.isSeriesOfPublication 26e071dc-b0bf-409c-b982-df2970295c87
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