Cheshire, Paul, Hilber, Christian A. L. 
ORCID: 0000-0002-1352-495X and Kaplanis, Ioannis
(2015)
Land use regulation and productivity - land matters: evidence from a UK supermarket chain.
Journal of Economic Geography, 15 (1).
pp. 43-73.
ISSN 1468-2702
Abstract
We use store-specific data for a UK supermarket chain to estimate the impact of planning on store output. Exploiting the variation in policies between England and other UK countries, we isolate the impact of Town Centre First (TCF) policies introduced in England. We find they directly reduced output by forcing stores onto less productive sites. We estimate TCF policies imposed a loss of output of 32 percent on a representative store opening after their rigorous implementation in 1996. Additionally, we show that, household numbers constant, more restrictive local authorities have fewer stores and lower chain sales within their areas.
| Item Type: | Article |
|---|---|
| Official URL: | http://www.oxfordjournals.org/our_journals/jnlecg |
| Additional Information: | © The Author (2014) |
| Divisions: | Geography & Environment Spatial Economics Research Centre Centre for Economic Performance |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD100 Land Use |
| Date Deposited: | 13 Mar 2014 09:33 |
| Last Modified: | 07 Nov 2024 05:15 |
| URI: | http://eprints.lse.ac.uk/id/eprint/56080 |
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