Development, Geography, and Economic Theory

Development, Geography, and Economic Theory
Author: Paul R. Krugman
Publisher: MIT Press
Total Pages: 132
Release: 1997
Genre: Business & Economics
ISBN: 9780262611350

Krugman examines the course of economic geography and development theory to shed light on the nature of economic inquiry.

Geography, Structural Change and Economic Development

Geography, Structural Change and Economic Development
Author: Neri Salvadori
Publisher: Edward Elgar Publishing
Total Pages: 336
Release: 2014-05-14
Genre: Business & Economics
ISBN: 1781007756

The authors in this book regard the process of economic expansion as a non-homogeneous and multifaceted phenomenon which has deeply affected human welfare, and cultural, social and political change. The book is a bridge between the theorists (Rosenstein-Rodan, Lewis, Myrdal, and Hirschmann) who in the post-war period analyzed regional inequalities, structural change and dualism, and the modern literature on economic growth. The latter has emphasized the existence of multiple equilibria, bifurcations and various types of dynamic complexity, and clarified the conditions for the emergence of phenomena such as cumulative causation, path dependence and hysteresis. These are the typical ingredients of structural change, economic development or underdevelopment.

The Spatial Economy

The Spatial Economy
Author: Masahisa Fujita
Publisher: MIT Press
Total Pages: 327
Release: 2001-07-27
Genre: Business & Economics
ISBN: 0262303604

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.

Geography and Trade

Geography and Trade
Author: Paul Krugman
Publisher: MIT Press
Total Pages: 160
Release: 1992-11-13
Genre: Business & Economics
ISBN: 9780262610865

"I have spent my whole professional life as an international economist thinking and writing about economic geography, without being aware of it," begins Paul Krugman in the readable and anecdotal style that has become a hallmark of his writings. Krugman observes that his own shortcomings in ignoring economic geography have been shared by many professional economists, primarily because of the lack of explanatory models. In Geography and Trade he provides a stimulating synthesis of ideas in the literature and describes new models for implementing a study of economic geography that could change the nature of the field. Economic theory usually assumes away distance. Krugman argues that it is time to put it back - that the location of production in space is a key issue both within and between nations.

An Introduction to Geographical Economics

An Introduction to Geographical Economics
Author: Steven Brakman
Publisher: Cambridge University Press
Total Pages: 378
Release: 2001-12-06
Genre: Business & Economics
ISBN: 9780521779678

The need for a better understanding of the role location plays in economic life was first and most famously made explicit by Bertil Ohlin in 1933. However it is only recently, with the development of computer packages able to handle complex systems, as well as advances in economic theory (in particular an increased understanding of returns to scale and imperfect competition), that Ohlin s vision has been met and a framework developed which explains the distribution of economic activity across space. This book is an integrated, non-mathematical, first-principles textbook presenting geographical economics to advanced students. Never avoiding advanced concepts, its emphasis is on examples, diagrams, and empirical evidence, making it the ideal starting point prior to monographic and journal material. Contains copious computer simulation exercises, available in book and electronic format to encourage learning and understanding through application. Uses case study material from North America, Europe, Africa and Australasia.

Economic Geography

Economic Geography
Author: Pierre-Philippe Combes
Publisher: Princeton University Press
Total Pages: 424
Release: 2008-09-28
Genre: Business & Economics
ISBN: 0691139423

Facts and theories, spatial inequalities, space in economic thought. Space, trade, and agglomeration, monopolistics competition. Breadth and determinants of spatial concentration, the empiics of economic geography, theory with numbers, concluding remarks.

Limits to Globalization

Limits to Globalization
Author: Eric Sheppard
Publisher: Oxford University Press
Total Pages: 224
Release: 2016-06-24
Genre: Business & Economics
ISBN: 0191503150

This book summarizes how globalizing capitalism-the economic system now presumed to dominate the global economy-can be understood from a geographical perspective. This is in contrast to mainstream economic analysis, which theorizes globalizing capitalism as a system that is capable of enabling everyone to prosper and every place to achieve economic development. From this perspective, the globalizing capitalism perspective has the capacity to reduce poverty. Poverty's persistence is explained in terms of the dysfunctional attributes of poor people and places. A geographical perspective has two principal aspects: Taking seriously how the spatial organization of capitalism is altered by economic processes and the reciprocal effects of that spatial arrangement on economic development, and examining how economic processes co-evolve with cultural, political, and biophysical processes. From this, globalizing capitalism tends to reproduce social and spatial inequality; poverty's persistence is due to the ways in which wealth creation in some places results in impoverishment elsewhere.

Economic Geography

Economic Geography
Author: Pierre-Philippe Combes
Publisher: Princeton University Press
Total Pages: 424
Release: 2008-09-08
Genre: Business & Economics
ISBN: 1400842948

Economic Geography is the most complete, up-to-date textbook available on the important new field of spatial economics. This book fills a gap by providing advanced undergraduate and graduate students with the latest research and methodologies in an accessible and comprehensive way. It is an indispensable reference for researchers in economic geography, regional and urban economics, international trade, and applied econometrics, and can serve as a resource for economists in government. Economic Geography presents advances in economic theory that explain why, despite the increasing mobility of commodities, ideas, and people, the diffusion of economic activity is very unequal and remains agglomerated in a limited number of spatial entities. The book complements theoretical analysis with detailed discussions of the empirics of the economics of agglomeration, offering a mix of theoretical and empirical research that gives a unique perspective on spatial disparities. It reveals how location continues to matter for trade and economic development, yet how economic integration is transforming the global economy into an economic space in which activities are performed within large metropolitan areas exchanging goods, skills, and information. Economic Geography examines the future implications of this evolution in the spatial economy and relates them to other major social and economic trends. Provides a complete introduction to economic geography Explains the latest theory and methodologies Covers the empirics of agglomeration, from spatial concentration measurement to structural estimations of economic geography models Includes history and background of the field Serves as a textbook for students and a resource for professionals