How small are small markets? Local market size for child care services
| Autor: | Dieter Pennerstorfer, Astrid Pennerstorfer |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2019 |
| Předmět: |
507023 Standortentwicklung
Economics and Econometrics Child care 502023 NPO-Forschung 507023 Location development Presumption 05 social sciences Market size Day care Metropolitan area Urban Studies Yard 0502 economics and business 509012 Sozialpolitik Day care center Residence Demographic economics 509012 Social policy Business 050207 economics 502023 NPO research 050205 econometrics |
| Zdroj: | Regional Science and Urban Economics. 77(7):340-355 |
| ISSN: | 1879-2308 0166-0462 |
| DOI: | 10.1016/j.regsciurbeco.2019.06.006 |
| Popis: | In this article, we propose an innovative way of delineating local markets based on easily accessible data. We apply this concept to the day care industry and investigate providers' location choices relative to local market characteristics to evaluate the widespread presumption that local markets for child care services are geographically very small. Using a panel of all day care centers for the metropolitan region of Vienna, Austria, for nearly a decade, as well as geographically extremely disaggregated data on the spatial distribution of children under the age of six at the 250 m × 250 m grid cell level, we find that the location of children and day care centers are strongly related, but this relationship diminishes as soon as the distance between a child's place of residence and the day care center's location increases. We conclude that local markets for day care services in metropolitan regions are indeed very small (about 500 m or 550 yards). |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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