Question

I want to set up a study aimed at discovering whether Walmart’s are good for local economies based on the

following hypothesis:

Null Hypothesis: New Wal-Mart stores negatively impact wages and prices in communities

Alternative Hypothesis: New Wal-Mart stores do not negatively impact wages and prices in communities

The independent variable will be the number of Walmart stores in an area and the dependent variables are wages and prices.

My question is, what kinds of economic methods and techniques would you use for this study? What data types would you use?

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