Report
Business closures and (re)openings in real time using Google Places
| العنوان: | Business closures and (re)openings in real time using Google Places |
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| المؤلفون: | Duprey, Thibaut, Rigobon, Daniel E., Schnattinger, Philip, Kotlicki, Artur, Baharian, Soheil, Hurd, T. R. |
| بيانات النشر: | Bank of Canada |
| سنة النشر: | 2022 |
| المجموعة: | EconStor (German National Library of Economics, ZBW) |
| مصطلحات موضوعية: | ddc:330, D22, E32, C55, C81, Firm dynamics, recent economic and financial developments |
| الوصف: | We present a new method to measure business opening and closure rates using real-time information from Google Places, the dataset behind the Google Maps service. Our Canadian application confirms the importance of temporary closures and reopenings during the COVID-19 pandemic. Over 50% of the temporarily closed food and retail businesses during the April 2021 lockdown reopened by the end of September. Our estimates align well with the timing of COVID-19 restrictions and are validated by a survey of recently opened businesses. Our framework provides policy-makers with a tool for the timely monitoring of business dynamics. |
| نوع الوثيقة: | report |
| اللغة: | English |
| Relation: | Series: Bank of Canada Staff Working Paper; No. 2022-1; gbv-ppn:1785222023; http://hdl.handle.net/10419/261254; RePEc:bca:bocawp:22-1 |
| DOI: | 10.34989/swp-2022-1 |
| الاتاحة: | http://hdl.handle.net/10419/261254 https://doi.org/10.34989/swp-2022-1 |
| Rights: | http://www.econstor.eu/dspace/Nutzungsbedingungen |
| رقم الانضمام: | edsbas.757166EA |
| قاعدة البيانات: | BASE |
| DOI: | 10.34989/swp-2022-1 |
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