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The new economic geography: Past, present and the future

In: Fifty Years of Regional Science

Author

Listed:
  • Masahisa Fujita

    (Kyoto University)

  • Paul Krugman

    (Princeton University)

Abstract

This article presents a summary of our conversation on the past, present and future of the new economic geography, which took place with the help of an interlocutor in San Juan, Puerto Rico in November 2002. Following the introduction, we explain what the new economic geography is, and we describe some basic models. The discussion of its various critical aspects is presented subsequently, and the article concludes with the discussion of future issues and challenges facing the field.

Suggested Citation

  • Masahisa Fujita & Paul Krugman, 2004. "The new economic geography: Past, present and the future," Advances in Spatial Science, in: Raymond J. G. M. Florax & David A. Plane (ed.), Fifty Years of Regional Science, pages 139-164, Springer.
    • Handle: RePEc:spr:adspcp:978-3-662-07223-3_6
    DOI: 10.1007/978-3-662-07223-3_6
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    More about this item

    Keywords

    New economic geography; spatial economy; agglomeration; self-organisation; location theory;
    All these keywords.

    JEL classification:

    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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