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The economic impacts of the UK's Eat Out to Help Out scheme

Gonzalez Pampillon, Nicolas, Nunez Chaim, Gonzalo and Overman, Henry G. ORCID: 0000-0002-3525-7629 (2022) The economic impacts of the UK's Eat Out to Help Out scheme. CEP Discussion Papers (CEPDP1865). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

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Abstract

We evaluate the economic impacts of the UK's Eat Out to Help Out (EOTHO) scheme on the food service sector. EOTHO subsidised the cost of eating out, with a 50% discount Mondays to Wednesdays in August 2020. We exploit the spatial variation in take-up using a continuous difference-in-differences approach and an instrumental variables strategy. We measure the effect on footfall using mobility data from Google and on employment using job posts from Indeed. Our estimates indicate that a one standard deviation increase in exposure to the EOTHO scheme increased footfall in retail & recreation by 2%-5%, and job posts in the food preparation & service industry by 6%-8%. These effects are transitory, and we do not find evidence of large spillover benefits to non-recreational activities or other sectors.

Item Type: Monograph (Discussion Paper)
Official URL: https://cep.lse.ac.uk/_new/publications/discussion...
Additional Information: © 2022 The Author(s)
Divisions: What Works Centre
Geography & Environment
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
JEL classification: H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H29 - Other
H - Public Economics > H3 - Fiscal Policies and Behavior of Economic Agents > H32 - Firm
J - Labor and Demographic Economics > J2 - Time Allocation, Work Behavior, and Employment Determination and Creation; Human Capital; Retirement > J23 - Employment Determination; Job Creation; Demand for Labor; Self-Employment
L - Industrial Organization > L8 - Industry Studies: Services > L83 - Sports; Gambling; Recreation; Tourism
C - Mathematical and Quantitative Methods > C3 - Econometric Methods: Multiple; Simultaneous Equation Models; Multiple Variables; Endogenous Regressors > C30 - General
Date Deposited: 23 Jan 2023 15:36
Last Modified: 16 May 2024 12:26
URI: http://eprints.lse.ac.uk/id/eprint/117979

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