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Direct Economic
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1. Wages of new Wal-Mart employees
2. Lower prices for consumers
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1. Lost earnings associated with job losses in competing businesses
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1. Probably positive
2. Definitely positive
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Indirect Economic
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1. Spillovers to some local businesses (e.g. more “drive-by” shoppers)
2. Increased local retail activity associated with earnings of Wal-Mart employees
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1. Lost spillover business at nearby malls (e.g., Cole Park)
2. Lost local retail activity associated with job losses at competing businesses
3. Loss of business for local firms servicing competing businesses (e.g., insurance, accountants, etc.)
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1. Very likely negative
2. Probably positive
3. Definitely negative
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Fiscal
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1. Increased sales tax revenues
2. Increased property tax revenues
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1. Lost sales tax revenues from competing businesses
2. Increased demand for county waste management, police services
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1. Very likely positive
2. ???
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