Retail Globalization and Household Welfare: Evidence from Mexico

• 成果类型: Article
• 署名作者: Atkin, David; Faber, Benjamin; Gonzalez-Navarro, Marco
• 署名单位: Massachusetts Institute of Technology (MIT); National Bureau of Economic Research; University of California System; University of California Berkeley
• 刊物名称: JOURNAL OF POLITICAL ECONOMY
• ISSN/ISSBN: 0022-3808
• DOI: 10.1086/695476
• 发表日期: 2018
• 页码: 1-73
• 关键词: wal-mart; developing-countries; GLOBAL RETAIL; TRADE; gains; preferences; economies; openness; prices; income

摘要

The arrival of global retail chains in developing countries is causing a radical transformation in the way households source their consumption. This paper draws on a rich collection of Mexican microdata to estimate the effect of foreign supermarket entry on household welfare and decomposes this effect into six channels. We find that foreign entry causes large welfare gains for the average household predominantly driven by a reduction in the cost of livingboth through price reductions at domestic stores and through the direct consumer gains from foreign stores. These gains are, on average, positive for all income groups but are regressive.