The effects of future retail developments on the local economy: Combining micro and macro approaches

Eveline van Leeuwen ()

Papers in Regional Science, 2010, vol. 89, issue 4, 691-710

Abstract: Abstract The aim of this research is to evaluate future retail developments in a medium‐sized town and the indirect effects of individual behaviour on the local economy. Therefore we combine a spatial microsimulation model with a conditional logit model estimating the spatial shopping behaviour of households to simulate the effect of future retail developments. Then, we estimate the macro effects of these developments, mainly the effects on the retail sector, with help of an interregional SAM on town level. This analysis shows how different locations for retail developments have different impacts on households and firms in the local economy. Resumen El objetivo de esta investigación es evaluar futuras áreas comerciales en una ciudad de tamaño medio, así como loa efectos indirectos del comportamiento individual en la economía local. Por tanto, combinamos un modelo de micro simulación espacial con un modelo logit condicional que estima el comportamiento espacial familiar como consumidores para simular el efecto de futuras áreas comerciales. A continuación, estimamos los macro efectos de estas áreas, principalmente los efectos en el sector comercial, con ayuda de una MCS interregional a escala urbana. Este análisis muestra los impactos diferentes en las familias y empresas en la economía local que tienen las distintas localizaciones de futuras áreas comerciales.

Date: 2010
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Citations: View citations in EconPapers (6)

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https://doi.org/10.1111/j.1435-5957.2010.00307.x

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Persistent link: https://EconPapers.repec.org/RePEc:bla:presci:v:89:y:2010:i:4:p:691-710

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