Table of Contents
Foreword
Preface
Acknowledgments
Section I: The History and Measurement of Wal-Mart
Chapter One – The Chain Store Historically Considered
The War on the Chains 1930–1941
The Big-Box Format
Federal Law and the Growth of Chain Stores
Chapter Two – Measuring Wal-Mart
Assessing Wal-Mart’s Impacts
Economic Theory and Wal-Mart’s Impact
The Income Effect
The Clustering Effect
The Labor Productivity Effect
Measuring the Impact of Wal-Mart
How to Interpret the Statistics in this Book
Chapter Three – The Diffusion of Wal-Mart’s Entrance
Some Economic Analysis of How Wal-Mart Locates Stores
Some New Evidence of Wal-Mart’s Entrance Behavior
Section II: The Commercial Impacts
Chapter Four – The Labor Market Impacts of Wal-Mart
Modern Estimates of Wal-Mart’s Impact
Walk-Mart’s Labor Market Impacts in Indiana
Wal-Mart Distribution Centers
Summary
Chapter Five – The Impact of Wal-Mart on the Market for Goods and Services
Wal-Mart in Iowa: A Rigorous Examination of Stone’s Classic Work
The Structure and Spatial Distribution of the Retail Industry
Why Value Competition?
Wal-Mart’s Effect on Consumer Prices
Chapter Six – The Impact of Wal-Mart on the Aggregate Economy
The Aggregate Labor Market
Wal-Mart and Manufacturing
Wal-Mart’s Profits: A Supplier Comparison
Wal-Mart and Land Value
An Examination of Washington and Economic Stability
Summary
Section III: The Fiscal Impacts of Wal-Mart
Chapter Seven – Wal-Mart and Local Tax Revenues
The Research on Local Taxes and Wal-Mart
The Dynamics of Local Sales Tax Collections: Evidence from Maine
Chapter Eight – Wal-Mart and Local Expenditures
Tax Incentives and Corporate Welfare
The Effectiveness of Tax Incentives to Wal-Mart
Wal-Mart and Subsidies in California
Chapter Nine – Wal-Mart and Antipoverty Programs
A Discussion of Antipoverty Programs
Wal-Mart’s Affect on Antipoverty Programs
Some New Analysis of Wal-Mart and Medicaid Enrollment in Maryland
Summary
Section IV: Social Impacts of Wal-Mart
Chapter Ten – The Poor, the Philanthropist, and the Mom-and-Pop Store
Wal-Mart’s Impact on Poverty and Income Distribution
Wal-Mart’s Impact on Philanthropy
Wal-Mart and Mom-and-Pop Stores
Mom-and-Pop Stores in Iowa
Chapter Eleven – The Social Aspects of Labor Market: Unions and Participation
Wal-Mart’s Impact on U.S. Labor Force Participation
Is Wal-Mart Influencing Union Participation?
Chapter Twelve – Wal-Mart and the Local Environment: Ghostboxes and Sprawl
Greyfields and Ghostboxes
Wal-Mart’s Impact on Urban Sprawl
Summary
Section V: State and Local Public Policy and Wal-Mart
Chapter Thirteen – State and Local Restrictions on Wal-Mart
Local Restrictions on Big-Box Stores
State-Level Restrictions on Wal-Mart
Wal-Mart and the Fair Share Health Care Tax
The Law and Economics of the Wal-Mart Tax
Chapter Fourteen – On Loving and Hating Wal-Mart: A Summary and Policy Recommendations
References
Index
