The Local Economic Impact of Wal-Mart
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The Local Economic Impact of Wal-Mart By Michael J. Hicks

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List of Figures

Figure 1.1 Selected 20th-Century Chain Stores

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Figure 1.2 Selected Chain Store Growth Rates

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Figure 1.3 Retail Share of Total Personal Income, 1929–2004

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Figure 1.4 Economies of Scale

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Figure 1.5 State-Level Chain Store Tax Proposals

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Figure 1.6 Profits and Profitability of Assets of Retail Firms by Size Category (1956–1957)

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Figure 2.1 Hicksian Decomposition and the Income Effect

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Figure 2.2 The Basic Regression Line

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Figure 3.1 Wal-Mart Stores, 1962–1965

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Figure 3.2 Wal-Mart Stores, 1970–1974

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Figure 3.3 Wal-Mart Stores, 1975–1979

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Figure 3.4 Wal-Mart Stores, 1980–1984

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Figure 3.5 Wal-Mart Stores, 1985–1989

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Figure 3.6 Wal-Mart Stores, 1990–1994

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