Spatial implications of international trade under the new economic geography approach

Mauricio Ramírez Grajeda () and Adrián de León Arias
Authors registered in the RePEc Author Service: Adrian de Leon-Arias ()

MPRA Paper from University Library of Munich, Germany

Abstract: In 2008, Paul Krugman from Princeton University was awarded the Nobel Prize in Economic Sciences by the Central Bank of Sweden, for his “analysis of trade patterns and location of economic activity”. In this paper we survey the literature, known as the New Economic Geography (NEG), launched by Krugman (1991). In particular, we focus on four topics: (i) NEG roots, (ii) NEG rationale; (ii) the spatial impact of international trade on global economic imbalances; and (iv) the impact of international trade on urban structure.

Keywords: New Economic Geography; Trade Openness; Agglomeration and Urban Economics. (search for similar items in EconPapers)
JEL-codes: F12 F15 R12 (search for similar items in EconPapers)
Date: 2009-10-01
New Economics Papers: this item is included in nep-geo, nep-his, nep-int and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:18076

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