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Título:
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Land use regulation and productivity - Land matters: Evidence from a UK Supermarket chain
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Autor/a:
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Cheshire, Paul C.; Hilber, Christian; Kaplanis, Ioannis
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Otros autores:
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Universitat Rovira i Virgili. Departament d'Economia; Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública |
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Abstract:
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We use store-specific data for a major UK supermarket chain to estimate the impact
of planning on store output. Using the quasi-natural experiment of the variation in
policies between England and other UK countries, we isolate the impact of Town
Centre First policies. We find that space contributes directly to store productivity; and
planning policies in England directly reduce output both by reducing store sizes and
forcing stores onto less productive sites. We estimate that since the late 1980s
planning policies have imposed a loss of output of at least 18.3 to 24.9% - more than a
“lost decade’s” growth.
JEL codes: D2, L51, L81, R32. |
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Fecha de creación:
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2012 |
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Materias (CDU):
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332 - Economia regional i territorial. Economia del sòl i de la vivenda |
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Materia(s):
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Economia -- Regulació
Supermercats
Planejament urbà
Gran Bretanya |
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Derechos:
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L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/3.0/es/ |
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Páginas:
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54 p. |
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Tipo de documento:
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Documento de trabajo |
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Editor:
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Universitat Rovira i Virgili. Departament d'Economia
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Collection:
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Documents de treball del Departament d'Economia;2012-12
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Compartir:
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