Does Wal-Mart Sell Inferior Goods?

Preprint OPEN
Emek Basker;
(2008)
  • Subject: Retail, Wal-Mart, Target, Inferior Goods
    • jel: jel:L81 | jel:D12

I estimate the aggregate income elasticity of Wal-Mart's and Target's revenues using quarterly data for 1997-2006. I find that Wal-Mart's revenues increase during bad times, whereas Target's revenues decrease, consistent with Wal-Mart selling "inferior goods" in the tec... View more
  • References (23)
    23 references, page 1 of 3

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    Basker, E., and P. H. Van (2008) “Wal-Mart as Catalyst to U.S.-China Trade,” unpublished paper, University of Missouri.

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    Kavilanz, P. B. (2007) “Wal-Mart CEO Excited about Holidays,” CNNMoney.com, October 24, 2007, http://money.cnn.com/2007/10/24/news/companies/lee scott/ ?postversion=2007102417.

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