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The New Economic Geography: A Selective Survey

In: Contemporary Economic Issues

Author

Listed:
  • Masahisa Fujita

    (Kyoto University)

  • Jacques-François Thisse

    (UniversitÉ De Paris I-Sorbonne
    Ceras-Enpc)

Abstract

‘Nearly half the world’s population and three-quarters of all westerners live in cities’ (The Economist, 29 July 1995). This mere, crude fact can no longer be put aside. We are therefore led to raise the following, fundamental question: why do economic activities tend to agglomerate in a small number of places (typically cities)? More precisely, we want to explain why some particular economic activities choose to establish themselves in some particular places, and what is the resulting geographical organization of the economy.

Suggested Citation

  • Masahisa Fujita & Jacques-François Thisse, 1998. "The New Economic Geography: A Selective Survey," International Economic Association Series, in: Daniel Cohen (ed.), Contemporary Economic Issues, chapter 2, pages 23-43, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-26084-3_2
    DOI: 10.1007/978-1-349-26084-3_2
    as

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