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What's new about the new economic geography?
Abstract
Since 1990 a new genre of research, often described as the ‘new economic geography’, has emerged. It differs from traditional work in economic geography mainly in adopting a modelling strategy that exploits the same technical tricks that have played such a large role in the ‘new trade ’ and ‘new growth ’ theories; these modelling tricks, while they preclude any claims of generality, do allow the construction of models that—unlike most traditional spatial analysis—are fully general-equilibrium and clearly derive aggregate behaviour from individual maximization. The new work is highly suggestive, particularly in indicating how historical accident can shape economic geography, and how gradual changes in underlying parameters can produce discontinuous change in spatial structure. It also serves the important purpose of placing geographical analysis squarely in the economic mainstream. I.
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Cites
The chemical basis of morphogenesis
Turing, A. M. (1952) · Philosophical Transactions of the Royal Society of London. Series B, Biological Sciences · doi:10.1098/rstb.1952.0012 · Cited by 11,733
The Spatial Economy: Cities, Regions, and International Trade
Fujita, M., Krugman, P., & Venables, A. J. (1999) · doi:10.7551/mitpress/6389.001.0001 · Cited by 4,788
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Liu, K., & Lin, B. (2019) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2018.09.194 · Cited by 325
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Pitelis, C. (2012) · Industrial and Corporate Change · doi:10.1093/icc/dts008 · Cited by 253
Garrett, R. D., Lambin, E. F., & Naylor, R. L. (2013) · Land Use Policy · doi:10.1016/j.landusepol.2013.03.011 · Cited by 154
Metadata
- Authors
- Krugman, P.
- Venue
- Oxford Review of Economic Policy
- Publisher
- Oxford University Press (OUP)
- Published
- 1998-06-01
- Volume
- 14
- Issue
- 2
- Pages
- 7-17
- ISSN
- 0266-903X (ISSN-L)
- 1460-2121
- OpenAlex
- W1994539481
- Cited by
- 1,078
- References
- 2
- FWCI
- 41.92
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
