Graduation Year
2018
Date of Submission
12-2017
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Heather Antecol
Terms of Use & License Information
Rights Information
© 2017 Daniel D. Enzminger
Abstract
This paper formally analyzes the role of e-commerce revenue in explaining the changes in industrial rents in the 206 largest Metropolitan Statistical Areas. To analyze this connection, I match commercial real estate data from CoStar, market data from the U.S. Census Bureau, and an estimation of MSA level e-commerce. The results from the generalized least squares model indicate that e-commerce revenue positively affects asking rent and rent growth. This suggests that new fulfillment practices from e-commerce companies are disrupting metropolitan area industrial markets.
Recommended Citation
Enzminger, Daniel Douglas, "The Last Mile Solution: E-commerce and Metropolitan Industrial Rent Growth" (2018). CMC Senior Theses. 1756.
https://scholarship.claremont.edu/cmc_theses/1756
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.