PublicationForm edit

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.
Type
Location
DownloadInfo Published as
Haskel, J., and Sadun, R., (2012), "Regulation and UK Retailing Productivity: Evidence from Microdata", Economica, Volume 79, Issue 315, pages 425448, July.
http://onlinelibrary.wiley.com/doi/10.1111/j.1468-0335.2011.00903.x/abstract

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 Published as

Haskel, J., and Sadun, R., (2012), "Regulation and UK Retailing Productivity: Evidence from Microdata", Economica, Volume 79, Issue 315, pages 425448, July.
http://onlinelibrary.wiley.com/doi/10.1111/j.1468-0335.2011.00903.x/abstract
Topic attachments
I Attachment Action Size Date Who Comment
HaskelSadun_retail_store_size_Jan11.pdfpdf HaskelSadun_retail_store_size_Jan11.pdf manage 197.6 K 21 Jan 2011 - 15:21 JonathanHaskel Revised version of the 2008 paper
HaskelSadun_retail_store_size_Nov08.pdfpdf HaskelSadun_retail_store_size_Nov08.pdf manage 288.1 K 19 Nov 2008 - 11:31 JonathanHaskel  
Haskel_Sadun_Retailing_Revised_Appendix2_Jan11.pdfpdf Haskel_Sadun_Retailing_Revised_Appendix2_Jan11.pdf manage 45.2 K 24 Jan 2011 - 15:36 JonathanHaskel  
Topic revision: r10 - 05 Jul 2012, JonathanHaskel
 

  • Set DENYTOPICVIEW =
Copyright © by CeRiBA.
Ideas, requests, problems? Send feedback