Covid-19 restriction policies and shopping streets.

Policymakers around the world are enforcing mobility restriction policies such as lockdowns, facemask requirements and social distancing to curb the spread of Covid-19. While these policies are effective in preventing the spread of virus, the economic implications are not well understood. We contrib...

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Main Authors: Hans R A Koster, Jos van Ommeren, Cheng Keat Tang, Nander Bras
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2022-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0267160
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author Hans R A Koster
Jos van Ommeren
Cheng Keat Tang
Nander Bras
author_facet Hans R A Koster
Jos van Ommeren
Cheng Keat Tang
Nander Bras
author_sort Hans R A Koster
collection DOAJ
description Policymakers around the world are enforcing mobility restriction policies such as lockdowns, facemask requirements and social distancing to curb the spread of Covid-19. While these policies are effective in preventing the spread of virus, the economic implications are not well understood. We contribute to the literature by examining the impact of these policies on the offline retail sector. Specifically, we measure the effects of these policies on the daily number of shoppers passing by, which we refer to as 'footfall', along major shopping streets in Netherlands. We rely on unique proprietary Wifi data to accurately measure footfall. Our findings imply that all these policies attribute to a non-trivial reduction in footfall levels along shopping streets. While lockdowns led to a 50% reduction in footfall along major shopping streets, shopping streets faced with facemask regulations also experience a 25% drop in human traffic. A reduction in footfall translates into a substantial reduction in retail income of between 12% and 25%.
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spelling doaj.art-f9131e93940c45e3a663d392ba0b5f0a2022-12-22T03:44:50ZengPublic Library of Science (PLoS)PLoS ONE1932-62032022-01-01177e026716010.1371/journal.pone.0267160Covid-19 restriction policies and shopping streets.Hans R A KosterJos van OmmerenCheng Keat TangNander BrasPolicymakers around the world are enforcing mobility restriction policies such as lockdowns, facemask requirements and social distancing to curb the spread of Covid-19. While these policies are effective in preventing the spread of virus, the economic implications are not well understood. We contribute to the literature by examining the impact of these policies on the offline retail sector. Specifically, we measure the effects of these policies on the daily number of shoppers passing by, which we refer to as 'footfall', along major shopping streets in Netherlands. We rely on unique proprietary Wifi data to accurately measure footfall. Our findings imply that all these policies attribute to a non-trivial reduction in footfall levels along shopping streets. While lockdowns led to a 50% reduction in footfall along major shopping streets, shopping streets faced with facemask regulations also experience a 25% drop in human traffic. A reduction in footfall translates into a substantial reduction in retail income of between 12% and 25%.https://doi.org/10.1371/journal.pone.0267160
spellingShingle Hans R A Koster
Jos van Ommeren
Cheng Keat Tang
Nander Bras
Covid-19 restriction policies and shopping streets.
PLoS ONE
title Covid-19 restriction policies and shopping streets.
title_full Covid-19 restriction policies and shopping streets.
title_fullStr Covid-19 restriction policies and shopping streets.
title_full_unstemmed Covid-19 restriction policies and shopping streets.
title_short Covid-19 restriction policies and shopping streets.
title_sort covid 19 restriction policies and shopping streets
url https://doi.org/10.1371/journal.pone.0267160
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AT nanderbras covid19restrictionpoliciesandshoppingstreets