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Permanent link (DOI): https://doi.org/10.7939/R3B368
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Three studies of shopping centers Open Access
- Other title
- Type of item
- Degree grantor
University of Alberta
- Author or creator
- Supervisor and department
Andrew Eckert (Economics)
Douglas West (Economics)
- Examining committee member and department
Robin Lindsey (Business)
Stuart Landon (Economics)
Moin Yahya (Law)
B Curtis Eaton (Economics)
Department of Economics
- Date accepted
- Graduation date
Doctor of Philosophy
- Degree level
The papers that comprise this thesis study the internal composition of shopping centers empirically from three different aspects. They examine several interesting economic issues, help to fill the gap in knowledge about shopping center internal configurations, and contribute to the literature on empirical investigations of shopping centers.
In Chapter 2, data on the internal compositions of 90 regional shopping centers in the five westernmost provinces in Canada are used to examine locational regularities in the placement of stores in shopping centers that can exploit both demand externalities and the physical features of the mall. Clustering occurs among stores of certain types. In addition, results of a regression analysis indicate that clustering of stores may depend upon a shopping center’s characteristics.
Chapter 3 investigates the location pattern of stores in the proximity of department stores in planned regional shopping centers. It was demonstrated that, relative to the center level, more stores selling comparison shopping goods are located within 100 foot radius of a department store’s entrance in centers that are older, have a larger gross leasable area, or contain fewer department stores. Because these mall characteristics are expected to reflect a developer’s bargaining power, the above findings are consistent with the hypothesis that the location patterns of stores near department stores will depend on the relative bargaining power of the developer and the department store.
Using time series data on the tenant mix of regional shopping centers in the five major cities of the Canadian Prairie Provinces from 2000 to 2010, Chapter 4 carries out an empirical analysis of the competitive impact of power centers on regional shopping centers. The results show that the relationship between the changes in a regional center’s tenant mix and the changes in the nearby presence of power centers is not prominent, which implies that regional centers and power centers might not directly compete with each other. The results also indicate that the local market condition has an impact on the tenant mix of a regional center.
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