Big‐Box Stores and Urban Land Prices: Friend or Foe?
研究新开沃尔玛对附近城市土地价格的影响,发现在四年的开发期内,距离新店四分之一英里内的土地价格上涨近39%,且其他大型超市也有类似效应。
Abstract This study examined the effect of a new Walmart store on nearby U.S. urban land prices and found that, within one quarter mile of a new Walmart store locale, land prices increased by almost 39% over the four‐year development time period. Supercenters and commercial land sales were instrumental in driving the positive price effects. Robustness tests found a positive land price effect with other big‐box stores, suggesting that the land price effect was not limited to Walmart stores, but in fact, was a big‐box store effect.