Hicks, Michael J. - In: The Review of Regional Studies 39 (2009) 1, pp. 73-83
This paper tests the impact of Wal-Mart discount and superstore presence on the number of small businesses in Iowa counties from 1989-2003. I employ and compare two well-known identification strategies in a spatial autoregressive model. I find no statistically meaningful impact of Wal-Mart on...