Consumer benefits from increased competition in shopping outlets
measuring the effect of Wal-Mart
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Author
Contributions
- Leibtag, Ephraim. - Contributor
- National Bureau of Economic Research. - Contributor
Publication
2005 - National Bureau of Economic Research, Cambridge, Mass, Massachusetts
Language
English
Word Count
8,000 words, Guess
Page Count
32 pages
Identifiers
- Library of Congress Control Number2005705285
- OCLC Control Number62763672
- Open LibraryOL17628441M
Classifications
- LCCHB1
Description
"Consumers often benefit from increased competition in differentiated product settings. In this paper we consider consumer benefits from increased competition in a differentiated product setting: the spread of non-traditional retail outlets. In this paper we estimate consumer benefits from supercenter entry and expansion into markets for food. We estimate a discrete choice model for household shopping choice of supercenters and traditional outlets for food. We have panel data for households so we can follow their shopping patterns over time and allow for a fixed effect in their shopping behavior. We find the benefits to be substantial, both in terms of food expenditure and in terms of overall consumer expenditure. Low income households benefit the most"--National Bureau of Economic Research web site.
Subjects
Series Statement
- NBER working paper paper series -- no. 11809.
- Working paper series (National Bureau of Economic Research) -- working paper no. 11809.
Links
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