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The Economics of Location: A Selective Survey

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  • Kilkenny, Maureen
  • Thisse, Jacques

Abstract

We present a selective survey of the main results obtained in spatial economic theory. Our focus is on firm location. We start with the simplest location problem and proceed to recent models of industrial location in general equilibrium. The middle section is a review of what has been accomplished in the literature on spatial pricing and spatial competition. We conclude with a discussion of recent models of economic geography which explain the uneven spatial distribution of economic activity.

Suggested Citation

  • Kilkenny, Maureen & Thisse, Jacques, 1999. "The Economics of Location: A Selective Survey," Staff General Research Papers Archive 1693, Iowa State University, Department of Economics.
  • Handle: RePEc:isu:genres:1693
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    References listed on IDEAS

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    1. Hirshlifer, David & Rassmusen, Eric, 1989. "Cooperation in a repeated prisoners' dilemma with ostracism," Journal of Economic Behavior & Organization, Elsevier, vol. 12(1), pages 87-106, August.
    2. Stanley, E.A. & Ashlock, Daniel & Tesfatsion, Leigh, 1994. "Iterated Prisoner's Dilemma with Choice and Refusal of Partners," Staff General Research Papers Archive 11180, Iowa State University, Department of Economics.
    3. Gordon Tullock, 1985. "Adam Smith and the Prisoners' Dilemma," The Quarterly Journal of Economics, Oxford University Press, vol. 100(Supplemen), pages 1073-1081.
    4. Marimon, Ramon & McGrattan, Ellen & Sargent, Thomas J., 1990. "Money as a medium of exchange in an economy with artificially intelligent agents," Journal of Economic Dynamics and Control, Elsevier, vol. 14(2), pages 329-373, May.
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    Cited by:

    1. Hans Degryse & Steven Ongena, 2005. "Distance, Lending Relationships, and Competition," Journal of Finance, American Finance Association, vol. 60(1), pages 231-266, February.
    2. Braouezec, Yann, 2012. "Customer-class pricing, parallel trade and the optimal number of market segments," International Journal of Industrial Organization, Elsevier, pages 605-614.
    3. Goetz, Stephan J. & Swaminathan, Hema, 2004. "Wal-Mart and Rural Poverty," 2004 Annual meeting, August 1-4, Denver, CO 20149, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Wang, Xin & Ouyang, Yanfeng, 2013. "A continuum approximation approach to competitive facility location design under facility disruption risks," Transportation Research Part B: Methodological, Elsevier, vol. 50(C), pages 90-103.
    5. J. Redondo & J. Fernández & I. García & P. Ortigosa, 2009. "Sensitivity analysis of a continuous multifacility competitive location and design problem," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, pages 347-365.
    6. J. Redondo & J. Fernández & I. García & P. Ortigosa, 2010. "Heuristics for the facility location and design (1|1)-centroid problem on the plane," Computational Optimization and Applications, Springer, pages 111-141.
    7. Braouezec, Yann, 2012. "Customer-class pricing, parallel trade and the optimal number of market segments," International Journal of Industrial Organization, Elsevier, pages 605-614.
    8. White, Eric M. & Carver, Andrew D., 2004. "Modeling timber mill procurement influence effects on interstate sawlog exportation," Forest Policy and Economics, Elsevier, vol. 6(6), pages 529-537, October.
    9. Kilkenny, Maureen, 1998. "Discussant'S Comments For American Agricultural Economics Association Annual Meeting, Selected Papers Session Sp-7aa: "Location Decisions And Economic Growth"," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20923, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. P. Dorta-González & D. Santos-Peñate & R. Suárez-Vega, 2006. "A duopolistic spatial competition model with non-zero conjectural variation," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, pages 113-134.
    11. Nagurney, Anna & Li, Dong & Nagurney, Ladimer S., 2014. "Spatial price equilibrium with information asymmetry in quality and minimum quality standards," International Journal of Production Economics, Elsevier, vol. 158(C), pages 300-313.
    12. María García & Blas Pelegrín & Pascual Fernández, 2011. "Location strategy for a firm under competitive delivered prices," The Annals of Regional Science, Springer;Western Regional Science Association, pages 1-23.
    13. Xu, Shaofeng, 2013. "Transport economies of scale and firm location," Mathematical Social Sciences, Elsevier, vol. 66(3), pages 337-345.
    14. Pelegrín, Blas & Fernández, Pascual & García Pérez, María Dolores, 2015. "On tie breaking in competitive location under binary customer behavior," Omega, Elsevier, vol. 52(C), pages 156-167.

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