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Krugman's "Papers in Regional Science": The 100 dollar bill on the sidewalk is gone and the 2008 Nobel Prize well-deserved

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  • Kristian Behrens
  • Frédéric Robert-Nicoud

Abstract

This paper reviews Paul Krugman's fundamental contributions to new trade theory (NTT) and new economic geography (NEG) on the occasion of his 2008 Nobel Prize. We appraise the impact his work had on the field of regional science broadly defined, and we quantify its influence on papers published in "Papers in Regional Science" ("PIRS") between 1991 and 2009 (vols. 70-87 and papers in press). We then discuss in more detail a few contributions published in "PIRS" that extend his original analysis in various directions. Finally, we briefly speculate on where NEG is headed to and which are the research directions that should be explored more thoroughly in the future. Copyright (c) 2009 the author(s). Journal compilation (c) 2009 RSAI.

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Bibliographic Info

Article provided by Wiley Blackwell in its journal Papers in Regional Science.

Volume (Year): 88 (2009)
Issue (Month): 2 (06)
Pages: 467-489

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Handle: RePEc:bla:presci:v:88:y:2009:i:2:p:467-489

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1056-8190

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Cited by:
  1. Badi H. Baltagi & Bernard Fingleton & Alain Pirotte, 2013. "Spatial Lag Models with Nested Random Effects: An Instrumental Variable Procedure with an Application to English House Prices," Center for Policy Research Working Papers, Center for Policy Research, Maxwell School, Syracuse University 161, Center for Policy Research, Maxwell School, Syracuse University.
  2. Bernard Fingleton, 2010. "Predicting the Geography of House Prices," SERC Discussion Papers, Spatial Economics Research Centre, LSE 0045, Spatial Economics Research Centre, LSE.
  3. Steve Gibbons & Henry G. Overman, 2010. "Mostly pointless spatial econometrics?," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library 33559, London School of Economics and Political Science, LSE Library.
  4. Schaeffer, Y. & Charlot, S., 2012. "Inequality aversion, income redistribution and economic geography," Working Papers, Grenoble Applied Economics Laboratory (GAEL) 201204, Grenoble Applied Economics Laboratory (GAEL).

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