Supermarkets and Planning Regulation

Supermarkets and Planning Regulation
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超市和规划法规

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发表时间:
2008
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通讯作者:
R. Griffith
R. Griffith
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作者:
R. Griffith

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我们有兴趣评估限制性规划监管对进入英国杂货零售业的影响。我们估计了一个类似于 Bresnahan 和 Reiss (1991) 的模型,其中我们允许多种商店格式。我们发现,更严格的规划监管减少了处于均衡状态的大型超市的数量。然而,如果不同市场的人口特征差异也没有受到控制,那么其影响就会被夸大。我们的估计表明,限制性规划监管每年会给消费者带来高达 1000 万英镑的损失。该成本必须抵消所产生的任何收益,例如由于拥堵减少。
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.