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The New Economic Geography
Author(s) -
Schmutzler Armin
Publication year - 1999
Publication title -
journal of economic surveys
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.657
H-Index - 92
eISSN - 1467-6419
pISSN - 0950-0804
DOI - 10.1111/1467-6419.00087
Subject(s) - urban agglomeration , economic geography , relation (database) , returns to scale , economics , regional science , scale (ratio) , new trade theory , economies of agglomeration , international trade , geography , trade barrier , economic growth , macroeconomics , computer science , production (economics) , cartography , database
Recently, the ‘new economic geography’ literature has developed as a theory of the emergence of large agglomerations which relies on increasing returns to scale and transportation costs. This literature builds on diverse intellectual traditions. It combines the insights of traditional regional science with those of modern trade theory and thus attempts to provide an integrative approach to interregional and international trade. The paper surveys this literature and discusses its relation to earlier approaches to similar topics.