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The Spatial Economy: Cities, Regions, and International Trade

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Author Info

  • Masahisa Fujita

    ()
    (Kyoto University)

  • Paul Krugman

    ()
    (Princeton University)

  • Anthony J. Venables

    ()
    (Oxford University)

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.

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Bibliographic Info

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This book is provided by The MIT Press in its series MIT Press Books with number 0262561476 and published in 2001.

Volume: 1
Edition: 1
ISBN: 0-262-56147-6
Handle: RePEc:mtp:titles:0262561476

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Web page: http://mitpress.mit.edu

Related research

Keywords: spatial economy; new economic geography;

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