Of hype and hyperbolas : introducing the new economic geography
|Title:||Of hype and hyperbolas : introducing the new economic geography||Authors:||Neary, J. Peter||Permanent link:||http://hdl.handle.net/10197/1315||Date:||11-Dec-2000||Abstract:||I take the publication of The Spatial Economy by Fujita, Krugman and Venables as an opportunity to expound and assess the "new economic geography". I use a simple diagram to show how the basic model works; give a self-contained algebraic derivation of the main results; note some interesting extensions; comment on some weaknesses of the model, which make it less suitable than might at first appear for discussing issues of industrial structure; try to place the field in relation to "old" economic geography and to the theory of international trade; and discuss its empirical and policy implications.||Funding Details:||Economic and Social Research Council (ESRC)||Type of material:||Working Paper||Publisher:||University College Dublin. School of Economics||Keywords:||Agglomeration;Dixit-Stiglitz preferences;Economic geography;Increasing returns to scale;Pecuniary externalities||Subject LCSH:||Economic geography
Industrial organization (Economic theory)
|Language:||en||Status of Item:||Not peer reviewed|
|Appears in Collections:||Economics Working Papers & Policy Papers|
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