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The Spatial Economy: Cities, Regions, and International Trade


The Spatial Economy: Cities, Regions, and International Trade  
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Binding: Paperback
Dewey Decimal Number: 338
EAN: 9780262561471
ISBN: 0262561476
Label: The MIT Press
Manufacturer: The MIT Press
Number Of Items: 1
Number Of Pages: 384
Publication Date: September 01, 2001
Publisher: The MIT Press
Studio: The MIT Press


Related Items: Featured Listmania! Editorial Review:
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.

Customer Reviews
Average Rating:  out of 5 stars

Rating:  out of 5 stars - A pretty good textbook with material not found elsewhere
If you are considering buying this book, you will probably want to do so. If you are interested in applying regional analysis or the "new" spatial economics that they present, you will have a good starting point. The necessary background is probably be a year of Ph.D. level economic theory. Specific high points are the exposition of the Dixit-Stiglitz model of monopolistic competition and the evolution of urban systems. All new Ph.D. students will have a use for chapter 4, which ... Read More


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