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    New Business Activity and Employment Dynamics in the Inner City: The Case of Phoenix Arizona


    Mack, Elizabeth A. and Credit, Kevin (2019) New Business Activity and Employment Dynamics in the Inner City: The Case of Phoenix Arizona. Urban Affairs Review, 55 (2). pp. 530-557. ISSN 1552-8332

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    Abstract

    Inner city revitalization efforts centered on fostering new business activity are controversial because they assume that the job creating capacity of new businesses is capable of impacting aggregate employment levels in inner city neighborhoods. Given this controversy, this article examines the link between new business activity and inner city employment growth in Phoenix, Arizona. Analytical results highlight job creation from new business activity but a net negative association between new business activity and employment growth stemming from the loss of jobs from large employers in inner city neighborhoods. This relationship highlights that encouraging new business activity is not necessarily a bad idea for local residents and customers, but should not be viewed as a panacea for all inner city problems. Instead, new business activity should be viewed as one component of multifaceted initiatives to revitalize inner city neighborhoods.

    Item Type: Article
    Additional Information: Cite as: Mack EA, Credit K. New Business Activity and Employment Dynamics in the Inner City: The Case of Phoenix, Arizona. Urban Affairs Review. 2019;55(2):530-557. doi:10.1177/1078087417709600
    Keywords: employment; economic development; business location; new businesses; inner city;
    Academic Unit: Faculty of Science and Engineering > Research Institutes > National Centre for Geocomputation, NCG
    Faculty of Social Sciences > Geography
    Faculty of Social Sciences > Research Institutes > Maynooth University Social Sciences Institute, MUSSI
    Item ID: 14615
    Identification Number: https://doi.org/10.1177/1078087417709600
    Depositing User: Kevin Credit
    Date Deposited: 20 Jul 2021 14:44
    Journal or Publication Title: Urban Affairs Review
    Publisher: SAGE Publications
    Refereed: Yes
    URI:

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