Can Anything Sensible be Drawn from Cross-country Comparisons of Retail Productivity?
Abstract:The article examines whether the validity of cross country comparisons of retail trade productivity hinges on there being high degrees of commonality in product, factor markets and institutional frameworks that govern the operations of retailers. Given that cross country comparisons of sector productivity are increasingly common, the article also asks whether the retail trades are in any sense special, such that useful comparisons are precluded.
Document Type: Research Article
Affiliations: Industry, Economics and Statistics, Department of Trade & Industry, UK
Publication date: 2005-07-01