Document Type

Article

Publication Date

11-2003

Source Publication

Journal of Real Estate Finance and Economics

Abstract

This paper empirically examines inter-center externalities in regional shopping centers. Specifically, we use a non-linear retail share model to measure the impact that department store size and image in subject and competitive centers have on subject center in-line retail sales. Our findings reveal that department store size and image attributes have a significant and non-linear impact on subject center sales. More importantly, the results show that the effect of department store fashion image dominates that of department store size.

Comments

Originally published in Journal of Real Estate Finance and Economics, Volume 27, No. 3 (November 2003), online at: http://dx.doi.org/10.1023/A:1025890024135