Consumption after dark. Exploring the spatio-temporal patterns of spending in the night-time economy. Puedes acceder al artículo en: https://www.sciencedirect.com/science/article/pii/S0264275125000265?dgcid=author

21 ene 2025 - 17:32 CET

Abstract

The concept of the night-time economy has gained attention in recent years as cities around the world recognize the potential of night-time activities. Most research on the night-time economy adopts a social perspective, without examining this topic from an economic approach, probably because official statistics do not provide suitable information. The availability of bank card transaction data opens new avenues by providing information on night-time spending in city establishments. This article explores the spatial and temporal patterns of night-time spending based on this new data source, taking the city of Madrid as the study area. The results reveal that night-time spending in the city of Madrid is equivalent to approximately 30% of total spending. They also show that the spatial concentration of night-time spending increases as the night progresses, and that the structure of spending is much more diversified in the evening than at dinner time and late at night. Ordinary Least Squares and Random Forest Regression show that variables related to bars and restaurants, retail area or popularity of establishments have strong explanatory power over the spatial distribution of night-time spending. The analysis of bank card transaction data provides information of great interest to city managers and planners.