The spatial economy : cities, regions and international trade / Masahisa Fujita, Paul Krugman and Anthony J. Venables.
Material type: TextPublication details: Cambridge, Mass. : MIT Press, c1999.Description: xiii, 367 p. : ill. ; 24 cmISBN:- 0262062046
- 330.9 FUJ
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Book | Mzumbe University Main Campus Library | Mzumbe University Main Campus Library | 330.9 FUJ (Browse shelf(Opens below)) | 1 | Available | 0050558 |
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Includes bibliographical references (p. 351 - 356) and index.
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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