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Morelli C, 2004, "Explaining the growth of British multiple retailing during the golden age: 1976 - 94" Environment and Planning A 36(4) 667 – 684
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Explaining the growth of British multiple retailing during the golden age: 1976 - 94
Carlo Morelli
Received 26 March 2003; in revised form 22 July 2003
Abstract. The author examines the growth of multiple retailing during the 'golden age' in Britain. The growth of real turnover is used as the dependent variable in a quantitative analysis of the growth in large-scale multiple retailing from 1976 until 1994. The author examines for the first time the determinants of this growth against a variety of supply and demand variables. It is found that the importance given to capital investment in previous studies of the golden age is not justified by the data.
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