Beyond panic buying: consumption displacement and COVID-19

By M. Hall, Girish Prayag, P. Fieger, D. Dyason. 2020

296 citations recorded by the source corpus.

Purpose: This study evaluates consumption displacement, the shift in consumption that occurs when consumers experience a change in the availability of goods, services and amenities to which they are accustomed as the result of an external event, and which is characterised by the points in space and time where consumption occurs and by the movements to, from, and between those points, that is occurring as a result of the effects of COVID-19 on the services sector in the Canterbury region of New Zealand. Design/methodology/approach: Based on consumer spending data, the authors identify patterns of consumption displacement for the hospitality and retail sectors as defined by ANZSIC. We answer where, when, how, what and why consumption displacement happens. Findings: The findings provide evidence of spatial and temporal displacement of consumption based on consumer spending patterns. Evidence of increased spending in some consumption categories confirms stockpiling behaviours. The hospitality sector experiences a sharp decline in consumer spending over lockdown. Originality/value: Given the lack of studies analysing the impacts of crises and disasters on the services sector and consumption displacement, this study provides evidence of different forms of consumption displacement related to COVID-19.

Subfields: Economics and Econometrics, Marketing, Modeling and Simulation

View Paper: https://www.semanticscholar.org/paper/8faaba261982dddcaba907e18379658b50e5b8d8

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

  1. Nadeem Khalid
  2. Hafiz Muhammad Usama Javed
  3. Dewan Md Zahurul Islam
  4. Saqib Ali

Citations in the corpus