The spatial economy cities, regions, and international trade

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...

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Bibliographic Details
Main Author: Fujita, Masahisa
Other Authors: Krugman, Paul R., Venables, Anthony J.
Format: eBook
Language:English
Published: Cambridge, Mass. MIT Press 2001
Subjects:
Online Access:
Collection: MIT Press eBook Archive - Collection details see MPG.ReNa
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653 |a Regional economics 
653 |a International trade 
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700 1 |a Venables, Anthony J. 
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520 |a 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