1. IMPACT OF TOLL ROAD DEVELOPMENT ON MODERN RETAIL GROWTH IN INDONESIA.
- Author
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Putra, Arditya Prakoso
- Subjects
TOLL roads ,RETAIL industry ,ROAD construction ,GROCERY industry - Abstract
This study would like to see the impact of toll road development on retail industry growth especially modern retail by taking the construction of the Trans Java toll road in Indonesia. Using a difference-in-differences (DID) approach, this study analyzes the effect of the Trans Java Toll Road in 7.656 villages crossed by the toll road from 2006 to 2018. The result shows that, on average, after the Trans Java toll road program, the trend of increasing the number of minimarkets in villages crossed by the Trans Java toll road is 0.53 units larger compared to The villages that don't cross by the Trans Java toll road. But the results show that there is no significant effect of the Trans Java toll road on the number of traditional stores, namely the grocery store as traditional retail. It can be seen that toll road development programs tend to open up access to the growth of the modern retail industry in Indonesia. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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