全球智库信息集成服务系统(G2TT): DP10593 Retail Globalization and Household Welfare: Evidence from Mexico

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP10593
	DP10593 Retail Globalization and Household Welfare: Evidence from Mexico
	Benjamin Faber; David Atkin; Marco Gonzalez-Navarro
发表日期	2015-05-17
出版年	2015
语种	英语
摘要	The arrival of global retail chains in developing countries is causing a radical transformation in the way that households source their consumption. This paper draws on a new collection of Mexican microdata to estimate the effect of foreign supermarket entry on household welfare. The richness of the microdata allows us to estimate a general expression for the gains from retail FDI, and to decompose these gains into several distinct channels. We find that foreign retail entry causes large and significant welfare gains for the average household that are mainly driven by a reduction in the cost of living. About one quarter of this price index effect is due to pro-competitive effects on the prices charged by domestic stores, with the remaining three quarters due to the direct consumer gains from shopping at the new foreign stores. We find little evidence of significant changes in average municipality-level incomes or employment. We do, however, find evidence of store exit, adverse effects on domestic store profits and reductions in the incomes of traditional retail sector workers. Finally, we show that the gains from retail FDI are on average positive for all income groups but regressive, and quantify the opposing forces that underlie this finding.
主题	Development Economics ; International Trade and Regional Economics
关键词	Foreign direct investment Gains from trade Supermarket revolution
URL	https://cepr.org/publications/dp10593
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/539425
推荐引用方式 GB/T 7714	Benjamin Faber,David Atkin,Marco Gonzalez-Navarro. DP10593 Retail Globalization and Household Welfare: Evidence from Mexico. 2015.