Some urban analysts contend that suburbs provide the same economic functions as the central city, and others argue that they lack the agglomeration economies necessary for high-level corporate activities, especially financial, business, and professional services. The author compares the suburbs and central cities of the nation's three largest consolidated metropolitan statistical areas-New York, Los Angeles, and Chicago-as providers of several corporate services, analyzing where the largest companies obtain accounting, actuarial, banking, investment banking, and legal services. Both central-city-and suburban-based companies rely mostly on central-city-based service providers, and this reliance increases with company size.
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