Explaining the Growth of British Multiple Retailing during the Golden Age: 1976–94
Carlo Morelli
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Carlo Morelli: Department of Economic Studies, University of Dundee, Dundee, DD1 4HN, Scotland
Environment and Planning A, 2004, vol. 36, issue 4, 667-684
Abstract:
The author examines the growth of multiple retailing during the ‘golden age’ in Britain. The growth of real turnover is used as the dependent variable in a quantitative analysis of the growth in large-scale multiple retailing from 1976 until 1994. The author examines for the first time the determinants of this growth against a variety of supply and demand variables. It is found that the importance given to capital investment in previous studies of the golden age is not justified by the data.
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:36:y:2004:i:4:p:667-684
DOI: 10.1068/a3689
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