Space: The Final Frontier

Paul Krugman

Journal of Economic Perspectives, 1998, vol. 12, issue 2, 161-174

Abstract: Traditionally, until the early 1990s, spatial economics -- the study of where economic activity takes place and why -- was pretty much neglected. Even now not one of the best-selling introductory textbooks in economics contains a single index entry for "location," "space," or "regions." In the last six or seven years, however, interest in spatial economics has surged. In this article I will try to summarize briefly the reasons for that surge; the key elements of the so-called "new economic geography;" the current state of research; and the prospects and difficulties facing this subfield of economics.

JEL-codes: R10 (search for similar items in EconPapers)
Date: 1998
Note: DOI: 10.1257/jep.12.2.161
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Citations: View citations in EconPapers (197)

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