Determinants of Retail Sales in Large Metropolitan Areas, 1954 and 1963
1954 年与 1963 年大都市地区零售销售的决定因素
This article presents several specifications of a retail sales model to explain the differential sales of retail goods and services in large Standard Metropolitan Statistical Areas in 1954 and 1963. Stepwise regression is employed and some hitherto unused regressors such as local government expenditures and taxes are introduced to compare different forms of the model specification. Tests on the stability of the relevant elasticities obtained in the model over time and on the…