Advanced Search
MyIDEAS: Login to save this paper or follow this series

Developments in retail trade regulation in Spain and their macroeconomic implications

Contents:

Author Info

  • M.ª de los Llanos Matea

    ()
    (Banco de España)

  • Juan S. Mora

    ()
    (Banco de España)

Abstract

The literature points out that retail trade regulations may have a significant impact on prices, employment and productivity. In the case of Spain, the retail trade sector is subject to a rich set of regional regulations. This paper provides a database and a set of indicators on the main restrictions to retail trade in place in Spain’s Autonomous Regions (Comunidades Autónomas) between 1997 and 2007. Those restrictions bear on the following regulatory aspects: shopping hours, blue laws, seasonal discounts, definitions of "big" stores, licensing of discount stores, moratoria in retail trade licence issuing and taxes on big stores. The paper presents then an aggregate indicator constructed on the basis of these restrictions using factor analysis. Finally, this research estimates the effect of the commercial restrictiveness (using the aggregate indicator) among the regions on the commercial density, the number of employees of the sector and the rate of inflation. For that, panel data techniques are applied to the analysis. On the one hand, the results of this research point to an increase in the level of regulation throughout the period. On the other hand the estimates show that an increase in the level of restrictiveness increases commercial density and inflation among the regions but diminishes the number of persons employed in the sector. In either case, the results of this research must be taken with care due to the limitations of the regulation indicator studied and the limited availability of data for the period under study.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.bde.es/f/webbde/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosTrabajo/dt0908e.pdf
File Function: First version, May 2009
Download Restriction: no

Bibliographic Info

Paper provided by Banco de Espa�a in its series Banco de Espa�a Working Papers with number 0908.

as in new window
Length: 56 pages
Date of creation: May 2009
Date of revision:
Handle: RePEc:bde:wpaper:0908

Contact details of provider:
Email:
Web page: http://www.bde.es/
More information through EDIRC

Related research

Keywords: Regulation in services markets; barriers to entry; retailing; blue laws;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Viviano, Eliana, 2008. "Entry regulations and labour market outcomes: Evidence from the Italian retail trade sector," Labour Economics, Elsevier, vol. 15(6), pages 1200-1222, December.
  2. Schivardi, Fabiano & Viviano, Eliana, 2008. "Entry Barriers in Retail Trade," CEPR Discussion Papers 6637, C.E.P.R. Discussion Papers.
  3. Paul Conway & Giuseppe Nicoletti, 2006. "Product Market Regulation in the Non-Manufacturing Sectors of OECD Countries: Measurement and Highlights," OECD Economics Department Working Papers 530, OECD Publishing.
  4. Alexander W. Hoffmaister, 2006. "Barriers to Retail Competition and Prices," IMF Working Papers 06/231, International Monetary Fund.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:bde:wpaper:0908. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mar�a Beiro. Electronic Dissemination of Information Unit. Research Department. Banco de Espa�a).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.