The Cause and Effect of Wal-Mart’s Marketing Power

Wal-Mart's reasons and impact In the lowest level economy, Wal-Mart, one of the world's leading retailers, earns approximately $ 17 billion. However, despite the sharp rise in profits, more than 40% of Wal-Mart employees are working hard to support their families with discreet wages. Many employees who are tired of fighting with unfair treatment at the workplace, retaliation, low wages, inadequate medical care, and gender discrimination oppose companies in this group, organizing unions, protesting bluntly We are doing cruelty. I will bring a lawsuit.

Our research addresses four major drawbacks of existing Wal-Mart's research on the impact of local labor market. First, I will estimate the impact of opening Wal-Mart on employment (and revenue) of retailers. Secondly, we are a more convincing strategy to explain the potential endogenousness of the Wal-Mart opening. Third, we can eliminate measurement errors in recent work using Wal-Mart opening management data. Finally, we are using a nationwide data set.

Please discover the adverse effects of Wal-Mart store. Our strategy to solve the intrinsic problem is based on the natural instrument variable approach caused by the geographical and temporal pattern of the Wal-Mart store slowly spreading like a wave from the first store. . Arkansas The results of this paper are quite strongly believed, and recent research shows that the opening of the Wal-Mart store has resulted in an increase in retail industry employment. On average, retail employment has decreased by about 7% due to the opening of Wal-Mart stores. This means that all Wal-Mart employees will replace approximately 4 employees in other retail industries. Retail sales of Wal-Mart to the city decreased by about 5%, driven by a decrease in some employment.

We estimate the impact of Wal-Mart stores on retail employment and income, largely dependent on the local policy debate at Wal-Mart stores and the large market compared to Wal-Mart's retailers. Mr. Walmart condemned employment and wages to decline as it entered the local labor market, arguing that these arguments are wrong and appealed Mr. Walmart's retail employment creation effect. Finally, although not reported in the table, we also estimate a simple rule of per capita retail employment change to the change in the number of Wal-Mart stores (the latter is the estimate reported in other documents Varies). The estimates of OLS and IV are qualitatively similar to the reports in Table 4, suggesting that the rate of change in retail employment is similar