The determinants of the development of small store presence in Japan are investigated using a fixed effects multinomial logit market share model. Large stores tend to have higher market shares in shop-types with increasing shares in consumer expenditures, increasing inventory turnover, and increasing diversification, but do not seem to be able to profit from scale economies in labour use.
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Japan, small business | |
dx.doi.org/10.1016/0165-1765(93)90162-6, hdl.handle.net/1765/9660 | |
Economics Letters | |
Organisation | Erasmus School of Economics |
Carree, M.A, Potjes, J.C.A, & Thurik, A.R. (1993). Small store presence in Japan. Economics Letters, 329–334. doi:10.1016/0165-1765(93)90162-6
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