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Spatial implications of international trade under the new economic geography approach

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Author Info
Ramírez Grajeda, Mauricio
de León Arias, Adrián

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Abstract

In 2008, Paul Krugman from Princeton University was awarded the Nobel Prize in Economic Sciences by the Central Bank of Sweden, for his “analysis of trade patterns and location of economic activity”. In this paper we survey the literature, known as the New Economic Geography (NEG), launched by Krugman (1991). In particular, we focus on four topics: (i) NEG roots, (ii) NEG rationale; (ii) the spatial impact of international trade on global economic imbalances; and (iv) the impact of international trade on urban structure.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 18076.

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Date of creation: 01 Oct 2009
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Handle: RePEc:pra:mprapa:18076

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Related research
Keywords: New Economic Geography; Trade Openness; Agglomeration and Urban Economics.;

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Find related papers by JEL classification:
F15 - International Economics - - Trade - - - Economic Integration
F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies
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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