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

Entry, Exit, and Labor Productivity in U. K. Retailing

Entry, Exit, and Labor Productivity in U. K. Retailing

Evidence from Micro Data

Chapter:
(p.271) 7 Entry, Exit, and Labor Productivity in U. K. Retailing
Source:
Producer Dynamics
Author(s):

Jonathan Haskel

Raffaella Sadun

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226172576.003.0008

This chapter reviews the producer dynamics and labor productivity growth in U.K. retailing. The data indicate that producer turnover in U.K. retailing improves productivity by replacing lower productivity exiting firms with higher productivity entering firms. In 2003, there were 285,291 stores in U.K. retailing and 196,286 firms/chains. Entry/exit/one-year/stayers are fairly stable fractions of all stores, being about 11 percent, 11 percent, 5 percent, and 63 percent. Entry and exit rates are lowest in “Pharmaceuticals” and highest in “Not in Stores.” The variation in labor productivity across retailers is somewhat larger than in the U.S. If anything, the contribution of entry and exit to productivity growth is somewhat smaller than in the U.S. There was a change in planning regulations in 1996 that greatly stopped retailers developing out-of-town shops.

Keywords:   producer dynamics, labor productivity, U.K. retailing, producer turnover, exiting firms, entering firms, retailers

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.