August 14, 2023 | By Luis Quintero and Mac McComas — The story of the economic success of cities is commonly portrayed as a competition for people and jobs, where some cities benefit at the expense of others. Such a story might read that if a person or a job moves from New York City to Philadelphia instead of Newark, Philadelphia is the clear winner while Newark sees no benefit and New York is the loser. While this may be true to a certain extent, the growth of cities is not a zero-sum game and cities can benefit their urban neighbors. This report explores the reasons why urban neighbors might provide benefits and whether urban growth was associated with such proximity.
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Research sponsored by ABR Capital Partners