The Spatial Economy: Cities, Regions, and International Trade, vol 1

Masahisa Fujita, Paul Krugman and Anthony Venables

in MIT Press Books from The MIT Press

Abstract: Since 1990 there has been a renaissance of theoretical and empirical work on the spatial aspects of the economy--that is, where economic activity occurs and why. Using new tools--in particular, modeling techniques developed to analyze industrial organization, international trade, and economic growth--this "new economic geography" has emerged as one of the most exciting areas of contemporary economics. The authors show how seemingly disparate models reflect a few basic themes, and in so doing they develop a common "grammar" for discussing a variety of issues. They show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics. This book is the first to provide a sound and unified explanation of the existence of large economic agglomerations at various spatial scales.

Keywords: spatial economy; new economic geography (search for similar items in EconPapers)
JEL-codes: C0 F2 O11 (search for similar items in EconPapers)
Date: 2001
Edition: 1
ISBN: 0-262-56147-6
References: Add references at CitEc
Citations: View citations in EconPapers (811)

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