The Spatial Economy: Cities, Regions, and International Trade

The Spatial Economy

Cities, Regions, and International Trade

Paperback
Pub. price: $40.00

ISBN10: 0262561476 ISBN13: 9780262561471 Contributors: Krugman, Paul R. Publisher: Mit Pr Published: Sep 1 2001 Weight: 1.35lbs. Height: 9.25" Width: 6.25" Depth: 0.75" Language: English

Publisher's Comments

The authors show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics.

Since 1990 there has been a renaissance of theoretical and empirical work on the spatial aspects of the economy--that is, where economic activity occurs and why. Using new tools--in particular, modeling techniques developed to analyze industrial organization, international trade, and economic growth--this new economic geography has emerged as one of the most exciting areas of contemporary economics.

The authors show how seemingly disparate models reflect a few basic themes, and in so doing they develop a common grammar for discussing a variety of issues. They show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics. This book is the first to provide a sound and unified explanation of the existence of large economic agglomerations at various spatial scales.

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