The Spatial Economy: Cities, Regions, and International Trade / Edition 1

The Spatial Economy: Cities, Regions, and International Trade / Edition 1

by Masahisa Fujita, Paul Krugman, Anthony J. Venables
     
 

ISBN-10: 0262561476

ISBN-13: 9780262561471

Pub. Date: 09/01/2001

Publisher: MIT Press

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

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Overview

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.

The MIT Press

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Product Details

ISBN-13:
9780262561471
Publisher:
MIT Press
Publication date:
09/01/2001
Edition description:
New Edition
Pages:
381
Product dimensions:
6.00(w) x 9.00(h) x 1.00(d)
Age Range:
18 Years

Table of Contents

Preface
1Introduction1
ISome Intellectual Background13
2Antecedents I: Urban Economics15
3Antecedents II: Regional Science25
IILabor Mobility and Regional Development43
4The Dixit-Stiglitz Model of Monopolistic Competition and Its Spatial Implications45
5Core and Periphery61
6Many Regions and Continuous Space79
7Agricultural Transport Costs97
IIIThe Urban System117
8Spatial Models of Urban Systems: A Heuristic Introduction119
9The Monocentric Economy133
10The Emergence of New Cities151
11Evolution of a Hierarchical Urban System181
12An Empirical Digression: The Sizes of Cities215
13Ports, Transportation Hubs, and City Location227
IVInternational Trade237
14International Specialization239
15Economic Development and the Spread of Industry263
16Industrial Clustering283
17A Seamless World309
18External Trade and Internal Geography329
19The Way Forward345
References351
Index357

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