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Restaurant closures during the COVID-19 pandemic: A descriptive analysis
1Department of Economics, Northwestern University, 2211 Campus Drive, Evanston, IL 60208, USA.
Abstract:
This paper analyzes restaurant closure patterns during the first year of the COVID-19 pandemic. Using establishment-level data from Yelp and SafeGraph, I describe restaurant and location characteristics related to the closure decisions. Lower-rated restaurants and restaurants located closer to the city center were more likely to close in 2020.
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