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On the Relationship Between Trade Theory and Location Theory
Author(s) -
Krugman Paul R.
Publication year - 1993
Publication title -
review of international economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.513
H-Index - 58
eISSN - 1467-9396
pISSN - 0965-7576
DOI - 10.1111/j.1467-9396.1993.tb00009.x
Subject(s) - economics , trade theory , field (mathematics) , new trade theory , neoclassical economics , positive economics , mathematical economics , international trade , epistemology , economic geography , trade barrier , mathematics , philosophy , pure mathematics
Abstract International trade theory and location theory deal with many of the same issues, yet have evolved as almost completely distinct intellectual disciplines. This paper summarizes the main distinctive features of each field and suggests how we can try to generate a new discipline that combines insights from both.