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Chang-Tai Hsieh and Esteban Rossi-Hansberg: Big Business Is Driving America’s Smaller Cities


From restaurants to clinics, national chains offer most new jobs and services in small and medium markets. If you live in a midsize American city, you’ve probably noticed that an increasing share of local services are provided by chain establishments such as the Cheesecake Factory and Wegmans. Why? It’s because the industrial revolution

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Posted: February 5, 2020 Wednesday 07:02 PM