Retail Productivity

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Abstract:

Recent attention has focused on the UK's productivity gap in the retail sector. Reynolds et al . (2005) emphasises that a more thorough understanding of what drives productivity in the retail sector requires a better understanding of the ‘complex mix of urban characteristics, consumer preferences and competitive rivalries'. This paper discusses some of the main issues involved in the measurement of productivity in retail, and how these problems are being tackled in new work using microdata on the UK supermarket industry.

Keywords: Retail; measurement error; microdata; productivity

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/09593960500119481

Affiliations: Advanced Institute for Management (AIM) Research

Publication date: July 1, 2005

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