Citation
Discussion Paper Details
Please find the details for DP6713 in an easy to copy and paste format below:
Full Details | Bibliographic Reference
Full Details
Title: Supermarkets and Planning Regulation
Author(s): Rachel Griffith and Heike Harmgart
Publication Date: February 2008
Keyword(s): entry, land use regulation and retail
Programme Area(s): Industrial Organization
Abstract: We are interested in evaluating the impact of restrictive planning regulation on entry into the UK grocery retail industry. We estimate a model similar to Bresnahan and Reiss (1991) where we allow for multiple store formats. We find that more restrictive planning regulation reduces the number of large format supermarkets in equilibrium. However, the impact is overstated if variation in demographic characteristics across markets is not also controlled for. Our estimates suggest that restrictive planning regulation leads to a loss to consumers of up to £10m per annum. This cost must be offset against any benefits that arise, e.g. due to reduced congestion.
For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=6713
Bibliographic Reference
Griffith, R and Harmgart, H. 2008. 'Supermarkets and Planning Regulation'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=6713