The Evolution of Retail Institutions: A Case Study of the Guatemalan Retail Sector
Marta Ortiz‐Buonafina
Abstract
Marta Ortiz‐Buonafina
Abstract
This article traces the evolution of the Guatemalan retail sector after implementation of import substitution policies. The retail sector's productivity and performance are evaluated in the context of economic growth and development. The model builds on the literature on retail productivity to identify workable measures of factors that affect productivity.
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This article traces the evolution of the Guatemalan retail sector after implementation of import substitution policies. The retail sector's productivity and performance are evaluated in the context of economic growth and development. The model builds on the literature on retail productivity to identify workable measures of factors that affect productivity.
Key concepts: Productivity, Context (archaeology), Business, Retail industry, Retail trade, Retail sales, Marketing, Industrial organization