Timely Business Dynamics Using Google Places

T Duprey, DE Rigobon, A Kotlicki… - AEA Papers and …, 2023 - aeaweb.org
AEA Papers and Proceedings, 2023aeaweb.org
We introduce a new real-time method to measure business opening and closure rates by
relying on Google Places, the data behind the Google Maps platform. We collect data on
establishments of customer-facing industries (food, retail, accommodation) and provide
evidence that the opening and closure rates reflect well the temporary closures and
reopening during the pandemic. We find that the operational or closed status of
establishments is correlated with business reviews: fewer reviews are associated with …
Abstract
We introduce a new real-time method to measure business opening and closure rates by relying on Google Places, the data behind the Google Maps platform. We collect data on establishments of customer-facing industries (food, retail, accommodation) and provide evidence that the opening and closure rates reflect well the temporary closures and reopening during the pandemic. We find that the operational or closed status of establishments is correlated with business reviews: fewer reviews are associated with impending business exit, and more reviews are associated with expanding businesses posting new job vacancies.
aeaweb.org
以上显示的是最相近的搜索结果。 查看全部搜索结果