IDEAS home Printed from https://ideas.repec.org/a/taf/regstd/v45y2011i1p1-7.html
   My bibliography  Save this article

The New Economic Geography, Now Middle-aged

Author

Listed:
  • Paul Krugman

Abstract

Krugman P. The New Economic Geography, now middle-aged, Regional Studies. This paper claims that the New Economic Geography has now become 'middle-aged'. On the one hand, the New Economic Geography is said to be of less relevance when describing current developments in advanced economies because it focuses more on tangible causes of the spatial concentration of economic activities, and not so much on intangible sources, such as information spillovers. On the other hand, the paper states that recent developments in developing economies like China are quite in line with the core-periphery model that predicts increasing regional specialization as a result of economic integration. Although both economists and geographers study these spatial processes, no fruitful exchange between the two is expected because of the use of different methodologies. [image omitted] Krugman P. La nouvelle geographie economique atteint l'age mur, Regional Studies. Cet article pretend que la nouvelle geographie economique atteint 'l'age mur'. D'un cote, on dit que la nouvelle geographie economique est peu pertinente quant aux developpements des economies avancees parce qu'elle porte plutot sur les causes manifestes de la concentration geographique des activites economiques que sur les sources indefinissables, telles les retombees de l'information. De l'autre cote, l'article affirme que des developpements recents dans les economies avancees, voire la Chine, sont tout a fait en accord avec le modele du centre-peripherie, qui prevoit une augmentation de la specialisation regionale suite a l'integration economique. Bien que les economistes et les geographes etudient ces processus geographiques, on n'attend aucun debat constructif a cause des methodologies differentes. Nouvelle geographie economique Agglomeration Regions Commerce international Krugman P. Die Neue Wirtschaftsgeografie - inzwischen im mittleren Alter, Regional Studies. In diesem Beitrag wird die These aufgestellt, dass sich die Neue Wirtschaftsgeografie inzwischen im mittleren Alter befindet. Einerseits gilt die Neue Wirtschaftsgeografie als weniger relevant zur Beschreibung von aktuellen Entwicklungen in den Industriestaaten, weil sie sich starker auf die greifbaren Ursachen der raumlichen Konzentration von Wirtschaftsaktivitaten und weniger auf nicht greifbare Quellen wie z. B. Informationsubertragungen konzentriert. Andererseits wird in diesem Beitrag festgestellt, dass die jungsten Entwicklungen in Schwellenlandern wie China durchaus dem Kern-Peripherie-Modell entsprechen, in dem eine hohere regionale Spezialisierung als Ergebnis einer wirtschaftlichen Integration prognostiziert wird. Obwohl diese raumlichen Prozesse sowohl von Okonomen als auch von Geografen untersucht werden, ist aufgrund der Verwendung unterschiedlicher Methodologien kein fruchtbarer Austausch zwischen diesen beiden Gruppen zu erwarten. Neue Wirtschaftsgeografie Agglomeration Regionen Internationaler Handel Krugman P. La Nueva Geografia Economica ahora ya ha madurado, Regional Studies. En este articulo se defiende la tesis de que la Nueva Geografia Economica ahora ya ha madurado. Por una parte, la Nueva Geografia Economica tiene menos relevancia cuando se describen los desarrollos actuales en las economias avanzadas porque se centra mas en las causas tangibles de la concentracion espacial de las actividades economicas y no tanto en las fuentes intangibles, tales como los desbordamientos de informacion. Por otra parte, en este articulo destaco que los recientes avances en las economias en desarrollo como China se ajustan mucho con el modelo centro-periferia que preve una mayor especializacion regional como resultado de la integracion economica. Aunque tanto economistas como geografos estudian estos procesos espaciales, no se espera un intercambio fructifero entre los dos debido al uso de diferentes metodologias. Nueva Geografia Economica Aglomeracion Regiones Comercio internacional

Suggested Citation

  • Paul Krugman, 2011. "The New Economic Geography, Now Middle-aged," Regional Studies, Taylor & Francis Journals, vol. 45(1), pages 1-7.
  • Handle: RePEc:taf:regstd:v:45:y:2011:i:1:p:1-7
    DOI: 10.1080/00343404.2011.537127
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/00343404.2011.537127
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. World Bank, 2009. "Geography in Motion: World Development Report 2009 (excerpt)," Transnational Corporations Review, Ottawa United Learning Academy, vol. 1(3), pages 40-46, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Athukorala, Prema-chandra & Narayanan, Suresh, 2018. "Economic corridors and regional development: The Malaysian experience," World Development, Elsevier, vol. 106(C), pages 1-14.
    2. Newburry, William & Gardberg, Naomi A. & Sanchez, Juan I., 2014. "Employer Attractiveness in Latin America: The Association Among Foreignness, Internationalization and Talent Recruitment," Journal of International Management, Elsevier, vol. 20(3), pages 327-344.
    3. Valentinov, Vladislav, 2012. "Understanding the rural third sector: insights from Veblen and Bogdanov," EconStor Open Access Articles, ZBW - Leibniz Information Centre for Economics, pages 177-188.
    4. Duranton, Gilles & Venables, Anthony J, 2018. "Place-Based Policies for Development," CEPR Discussion Papers 12889, C.E.P.R. Discussion Papers.
    5. Jan Hanousek & Evžen Kočenda, 2011. "Public Investment and Fiscal Performance in the New EU Member States," Fiscal Studies, Institute for Fiscal Studies, vol. 32(1), pages 43-71, March.
    6. Haddad, Eduardo & Lahr, Michael & Elshahawany, Dina & Vassallo, Moises, 2014. "Regional Analysis of Domestic Integration in Egypt," TD NEREUS 1-2015, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS).
    7. Sophie Webber, 2015. "Randomising Development: Geography, Economics and the Search for Scientific Rigour," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 106(1), pages 36-52, February.
    8. Jean Charles Hourcade & Michel Aglietta & Baptiste Perrissin-Fabert, 2014. "Transition to a Low-Carbon society and sustainable economic recovery, a monetary-based financial device," Post-Print hal-01692593, HAL.
    9. Marie Daumal, 2013. "The Impact of Trade Openness on Regional Inequality: The Cases of India and Brazil," The International Trade Journal, Taylor & Francis Journals, vol. 27(3), pages 243-280, August.
    10. Brülhart, Marius & Desmet, Klaus & Klinke, Gian-Paolo, 2020. "The shrinking advantage of market potential," Journal of Development Economics, Elsevier, vol. 147(C).
    11. Jedwab, Remi & Vollrath, Dietrich, 2015. "Urbanization without growth in historical perspective," Explorations in Economic History, Elsevier, vol. 58(C), pages 1-21.
    12. Marco Sanfilippo & Adnan Seric, 2016. "Spillovers from agglomerations and inward FDI: a multilevel analysis on sub-Saharan African firms," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 152(1), pages 147-176, February.
    13. Zemtsov, S. & Smelov, Y., 2018. "Factors of Regional Development in Russia: Geography, Human Capital and Regional Policies," Journal of the New Economic Association, New Economic Association, vol. 40(4), pages 84-108.
    14. Brueckner, Jan K. & Lall, Somik V., 2015. "Cities in Developing Countries," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 1399-1455, Elsevier.
    15. Mohamed Amara & Mohamed Ayadi, 2011. "Local Employment Growth in the Coastal Area of Tunisia: A Dynamic Spatial Panel Approach," Working Papers 650, Economic Research Forum, revised 12 Jan 2011.
    16. Carol Newman & John Page, 2017. "Industrial clusters: The case for Special Economic Zones in Africa," WIDER Working Paper Series 015, World Institute for Development Economic Research (UNU-WIDER).
    17. Roberto Ganau & Andres Rodriguez-Pose, 2021. "Does urban concentration matter for changes in country economic performance?," Papers in Evolutionary Economic Geography (PEEG) 2106, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Feb 2021.
    18. Prabir De, 2009. "The Impact of Information Technology (IT) in Trade Facilitation on Small and Medium Enterprises (SMEs) in Sri Lanka," ARTNeT Working Papers 64, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    19. Valentin Cojanu, 2012. "Beyond the ‘Nation State’: the Quest for New Territorial Paradigms in an Interconnected World Economy," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 18(3), pages 498-511, March.
    20. Richard A. Easterlin, 2010. "Well‐Being, Front and Center: A Note on the Sarkozy Report," Population and Development Review, The Population Council, Inc., vol. 36(1), pages 119-124, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:regstd:v:45:y:2011:i:1:p:1-7. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst). General contact details of provider: http://www.tandfonline.com/CRES20 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.