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| Title | Regulation and UK Retailing Productivity: Evidence from Microdata |
| Author | Jonathan Haskel, Raffaella Sadun |
| Year | 2011 |
| Abstract | We use UK micro data to explore whether planning regulation reduced UK retailing productivity growth between 1997 and 2003. We document a shift to smaller shops, particularly within supermarket chains, following a regulatory change in 1996 which increased the costs of opening large stores. This might have caused a slowdown in productivity growth if firms (a) lose scale advantages, by moving to smaller stores and (b) lose scope advantages if existing organisational knowledge appropriate to larger stores is not perfectly substitutable with the organisational capital required to run smaller stores. Our micro data shows a relation, controlling for fixed effects, between chain-level TFP for multi-store chains and various measures of the size of the stores within the chain. Our results suggest the fall in within-chain shop sizes was associated with a lowering of chain TFP by about 0.4% pa, about 40% of the post-1995 slowdown in UK retail TFP growth. The foregone productivity works out at about £80,000 per small chain supermarket store. |
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| DownloadInfo | PDF version: HaskelSadun_retail_store_size_Nov08.pdf Revised version HaskelSadun_retail_store_size_Jan11.pdf: this revised version is forthcoming in Economica Extended appendix 2, revision of 2008 version Haskel_Sadun_Retailing_Revised_Appendix2_Jan11.pdf: Haskel_Sadun_Retailing_Revised_Appendix2_Jan11.pdf |
| Remarks |
| I | Attachment | Action | Size | Date | Who | Comment |
|---|---|---|---|---|---|---|
 pdf |
HaskelSadun_retail_store_size_Jan11.pdf | manage | 197.6 K | 21 Jan 2011 - 15:21 | JonathanHaskel | Revised version of the 2008 paper |
| pdf |
HaskelSadun_retail_store_size_Nov08.pdf | manage | 288.1 K | 19 Nov 2008 - 11:31 | JonathanHaskel | |
| pdf |
Haskel_Sadun_Retailing_Revised_Appendix2_Jan11.pdf | manage | 45.2 K | 24 Jan 2011 - 15:36 | JonathanHaskel |
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Topic revision: r9 - 06 Jul 2011 - 17:26:00 - JonathanHaskel
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