Jump to ContentJump to Main Navigation
Producer DynamicsNew Evidence from Micro Data$
Users without a subscription are not able to see the full content.

Timothy Dunne, J. Jensen, and Mark J. Roberts

Print publication date: 2009

Print ISBN-13: 9780226172569

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226172576.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 04 June 2020

The Role of Retail

The Role of Retail

Chains National, Regional, and Industry Results

Chapter:
(p.237) 6 The Role of Retail
Source:
Producer Dynamics
Author(s):

Ronald S. Jarmin

Shawn D. Klimek

Javier Miranda

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226172576.003.0007

This chapter addresses the entry and exit of establishments and firms in the U.S. retail sector based on analysis of the Census Bureau's newly developed Longitudinal Business Database (LBD). It demonstrates that firm turnover has declined over time in most retail industries but differs systematically by market size and ownership structure. Metro areas have the highest producer turnover while rural areas have the lowest. Independently-owned stores experience higher turnover compared to chain stores. Single location retail firms have on average increased in size since 1976. The firm exit rates are highest in metropolitan markets and slightly higher in micropolitan markets than in rural markets. The mom-and-pop stores have the largest exit rates, regardless of industry or unit of measure. Chain stores and mom-and-pop stores appear to be able to coexist in some industries better than others.

Keywords:   firm entry, firm exit, firm turnover, U.S. retail sector, Census Bureau, Longitudinal Business Database, retail firms, mom-and-pop stores, chain stores

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.