Risk perception, online search and consumption distortion
Using earthquake as an example, I investigate how risk perception affects household consumption with China Urban Household Survey data and Baidu index dataset. The empirical results show that consumption expenditure per capita drops by 25.2 yuan as the local search index of “earthquake” keyword incr...
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Format: | Article |
Language: | English |
Published: |
KeAi Communications Co. Ltd.
2023-06-01
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Series: | China Economic Quarterly International |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2666933123000187 |