Working Paper | 2007

Retail Market Structure and Dynamics: A Three Country Comparison of Japan, the UK and the US

by Jonathan Haskel, Ron S. Jarmin, Kazuyuki Motohashi and Raffaella Sadun

Abstract

This paper compares structure and dynamics of the Retail Trade Sectors in Japan, the U.K. and the U.S. This is done using confidential establishment and firm level data for each country. By using micro data we are able to perform much more detailed comparisons than could be accomplished using publicly available information. We examine cross sectional differences in the size, age, and productivity distributions of retail establishments and firms in the three countries. We also compare entry and exit rates and job creation and destruction rates across the three countries controlling for size, age, and retail industry. We also focus on the role large chain stores play across the three countries.

Keywords: Industry Structures; Market Entry and Exit; Jobs and Positions; Size; Performance Productivity; Japan; United Kingdom; United States;

Citation:

Haskel, Jonathan, Ron S. Jarmin, Kazuyuki Motohashi, and Raffaella Sadun. "Retail Market Structure and Dynamics: A Three Country Comparison of Japan, the UK and the US." LSE/Ceriba Mimeo, January 2007. (Slides.)