Do supermarkets reduce the number of traditional bookshops? An empirical application to the textbook market in Spain
AbstractSome countries, especially in Europe, regulate the textbook market due to its special characteristics. In 2000, the Spanish Government passed a law that relaxes resale price maintenance and lets retailers give discounts of up to 25% off the gross price. Traditional bookshops do not favour this policy. We construct a database for the Canary Islands (a Spanish Autonomous Community) on schools, bookshops, population and other control factors. Our empirical objectives are twofold: first, we explore whether malls force the exit (or encourage entry) of bookshops; second, we test whether these larger retailers decrease consumer welfare by increasing distance from schools to points of sale. The results show that malls are not as bad as bookshops claim
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Bibliographic InfoPaper provided by the Association for Cultural Economics International in its series ACEI Working Paper Series with number AWP-02-2011.
Length: 13 pages
Date of creation: Jul 2011
Date of revision: Jul 2011
Textbooks; Competition; Regional economic activity;
Find related papers by JEL classification:
- Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-08-22 (All new papers)
- NEP-COM-2011-08-22 (Industrial Competition)
- NEP-EUR-2011-08-22 (Microeconomic European Issues)
- NEP-GEO-2011-08-22 (Economic Geography)
- NEP-HME-2011-08-22 (Heterodox Microeconomics)
- NEP-MKT-2011-08-22 (Marketing)
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.:
- FranÃ§oise Benhamou & StÃ©phanie Peltier, 2007. "How should cultural diversity be measured? An application using the French publishing industry," Journal of Cultural Economics, Springer, Springer, vol. 31(2), pages 85-107, June.
- Steven C. Salop, 1979. "Monopolistic Competition with Outside Goods," Bell Journal of Economics, The RAND Corporation, The RAND Corporation, vol. 10(1), pages 141-156, Spring.
- Juan JimÃ©nez & Javier Campos, 2010. "Modelling Competition in the Textbook Market: Some Lessons still to Learn," Journal of Industry, Competition and Trade, Springer, Springer, vol. 10(1), pages 71-85, March.
- Vidar Ringstad & Knut LÃ¸yland, 2006. "The Demand for Books Estimated by Means of Consumer Survey Data," Journal of Cultural Economics, Springer, Springer, vol. 30(2), pages 141-155, September.
- Neil Wrigley & Julia Branson & Andrew Murdock & Graham Clarke, 2009. "Extending the Competition Commissionâ€™s findings on entry and exit of small stores in British high streets: implications for competition and planning policy," Environment and Planning A, Pion Ltd, London, vol. 41(9), pages 2063-2085, September.
- Siegfried, John J. & Latta, Christopher, 1998. "Competition in the Retail College Textbook Market," Economics of Education Review, Elsevier, Elsevier, vol. 17(1), pages 105-115, February.
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