Use this identifier to quote or link this document: http://hdl.handle.net/2072/196650

Land use regulation and productivity - Land matters: Evidence from a UK Supermarket chain
Cheshire, Paul C.; Hilber, Christian; Kaplanis, Ioannis
Universitat Rovira i Virgili. Departament d'Economia; Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública
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.
2012
332 - Economia regional i territorial. Economia del sòl i de la vivenda
Economia -- Regulació
Supermercats
Planejament urbà
Gran Bretanya
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54 p.
Working Paper
Universitat Rovira i Virgili. Departament d'Economia
Documents de treball del Departament d'Economia;2012-12
         

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