The Spatial Economy : Cities, Regions and International Trade Paperback
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.
- Format: Paperback
- Pages: 382 pages, 59 illustrations
- Publisher: MIT Press Ltd
- Publication Date: 03/09/2001
- Category: International trade
- ISBN: 9780262561471