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The New Economic Geography, Now Middle-aged

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  • 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
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    References listed on IDEAS

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    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.
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