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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The Income Effect

32

The Clustering Effect

33

The Labor Productivity Effect

35

Measuring the Impact of Wal-Mart

36

How to Interpret the Statistics in This Book

41

Chapter Three: The Diffusion of Wal-Mart’s Entrance

45

Some Economic Analysis of How Wal-Mart Locates Stores

55

Some New Evidence of Wal-Mart’s Entrance Behavior

63

Section II: The Commercial Impacts

71

Chapter Four: The Labor Market Impacts of Wal-Mart

73

Modern Estimates of Wal-Mart’s Impact

75

Wal-Mart’s Labor Market Impacts in Indiana

86

Wal-Mart Distribution Centers

95

Summary

98

Chapter Five: The Impact of Wal-Mart on the Market for Goods and Services

99