Data and Code for: Local Retail Prices, Product Variety and Neighborhood Change

Principal Investigator(s):  View help for Principal Investigator(s) Fernando Borraz, Banco Central del Uruguay; Felipe Carozzi, London School of Economics; Nicolás González-Pampillón, London School of Economics; Leandro Zipitría, Universidad de la República

Version:  View help for Version V1

Name File Type Size Last Modified
  Replication_Pack 12/18/2023 08:00:AM

Project Citation: 

Borraz, Fernando, Carozzi, Felipe, González-Pampillón, Nicolás, and Zipitría, Leandro. Data and Code for: Local Retail Prices, Product Variety and Neighborhood Change. Nashville, TN: American Economic Association [publisher], 2024. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2024-01-19. https://doi.org/10.3886/E183621V1

Project Description

Summary:  View help for Summary We study how local grocery markets within a city are affected by changes in housing markets. Our empirical strategy exploits a shift in the spatial distribution of construction activity induced by a large-scale, place-based tax exemption in the city of Montevideo. The introduction of new housing stock induced by the policy causes a reduction in grocery prices of 2.3%, and an increase in locally available product varieties. Using insights from a multi-product model of imperfect competition and estimates for different types of stores, we show these changes are the result of incumbents' response to an increase in local demand.

Scope of Project

Subject Terms:  View help for Subject Terms Retail Prices; Neighborhood Change; Housing Stock
JEL Classification:  View help for JEL Classification
      R23 Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
      R32 Other Spatial Production and Pricing Analysis
Geographic Coverage:  View help for Geographic Coverage Montevideo, Uruguay
Time Period(s):  View help for Time Period(s) 1/1/2007 – 12/1/2019
Collection Date(s):  View help for Collection Date(s) 1/1/2020 – 9/1/2022
Universe:  View help for Universe Grocery Stores in Montevideo, Uruguay
Data Type(s):  View help for Data Type(s) administrative records data; census/enumeration data; geographic information system (GIS) data

Methodology

Data Source:  View help for Data Source The paper uses data from the Uruguayan Directorate General of Commerce, the National Statistics Institute and the Montevideo Municipal government. See Online Appendix III for further details.
Unit(s) of Observation:  View help for Unit(s) of Observation Product-Stores, Stores, Census Tracts

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Published Versions

V1 [2024-01-19]

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