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The Spatial Economy: Cities, Regions, and International Trade
by Masahisa Fujita ; Paul Krugman ; Anthony J Venables
Binding: Paperback, 384 pages
Publisher: The MIT Press
Weight: 1.37 pound
Dimension: H: 0.87 x L: 8.98 x W: 5.75 inches
ISBN 10: 0262561476
ISBN 13: 9780262561471
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Book Description:
Winner, 43rd Nikkei Prize for Excellent Books in Economic Science.

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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