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"Using an instrumental variables approach to correct for both measurement error in entry dates and endogeneity of the timing of entry, I find that Wal-Mart entry
by jbellis 13y ago
"Using an instrumental variables approach
to correct for both measurement error in entry dates and endogeneity of
the timing of entry, I find that Wal-Mart entry increases retail employment
by 100 jobs in the year of entry. Half of this gain disappears over the next
five years as other retail establishments exit and contract, leaving a
long-run statistically significant net gain of 50 jobs"
http://faculty.smu.edu/millimet/classes/eco6352/papers/basker.pdf http://faculty.smu.edu/millimet/classes/eco6352/papers/baske...
- cantankerous 13y agoCurious if there's any speaking to the wage differential between the gained jobs and the replaced jobs.
- mbillie1 13y agoI am quite curious about this as well.
- briandear 13y agoOne more interesting indicator would be the relative economic change within the area in question. Meaning, how much as the tax base and property values increased within the area of the store. I think the real question is, "Is a Walmart a net gain for a community." Lots of data points, but I'm sure there's some dude reading this with Hadoop skills and a case of boredom and some leftover Jolt Cola that could hammer it out this weekend.