The main item of agreement between the 'new' and 'old' economic geography is the role of increasing returns in regional economic development. This provides a focal point for the model of this paper, which aims to highlight the existence of a 'third way' somewhere between the analysis provided by these two competing modes of explanation.
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Paper provided by European University Institute in its series Economics Working Papers with number
eco99/21.
Length: 48 pages Date of creation: 1999 Date of revision: Handle: RePEc:eui:euiwps:eco99/21
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Find related papers by JEL classification: C00 - Mathematical and Quantitative Methods - - General - - - General O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General R12 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
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