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AGGLOMERATION, TRADE, AND SPATIAL DEVELOPMENT: BRINGING DYNAMICS BACK IN *
Author(s) -
Storper Michael
Publication year - 2010
Publication title -
journal of regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.171
H-Index - 79
eISSN - 1467-9787
pISSN - 0022-4146
DOI - 10.1111/j.1467-9787.2009.00658.x
Subject(s) - economies of agglomeration , urbanization , economic geography , economics , field (mathematics) , causality (physics) , dynamics (music) , microeconomics , economic growth , sociology , pedagogy , mathematics , physics , quantum mechanics , pure mathematics
The field of spatial economics has made enormous progress in theorizing and measuring agglomeration effects, trade costs, and urbanization. Typical models establish structural determinants by making strong assumptions about which forces are relevant and how these forces interact. But many of these assumptions, about firms, agents, spatial costs, and market structures, are questionable. As a result, the field has a long way to go to establish causality, and to be able to account for spatial economic dynamics.