Of Hype and Hyperbolas: Introducing the New Economic Geography.
Reviewing The Spatial Economy by Fujita, Krugman, and Venables, this paper argues that the key contribution of the new economic geography is a framework in which standard building blocks of mainstream economics (especially rational decision making and simple general equilibrium models) are used to m...
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Format: | Journal article |
Language: | English |
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2001
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author | Neary, J |
author_facet | Neary, J |
author_sort | Neary, J |
collection | OXFORD |
description | Reviewing The Spatial Economy by Fujita, Krugman, and Venables, this paper argues that the key contribution of the new economic geography is a framework in which standard building blocks of mainstream economics (especially rational decision making and simple general equilibrium models) are used to model the trade-off between dispersal and agglomeration. The approach thus gives a choice-theoretic basis for a "propensity to agglomerate." |
first_indexed | 2024-03-06T18:03:39Z |
format | Journal article |
id | oxford-uuid:00ac6bdf-a8f7-45c7-b768-2688c30a95a6 |
institution | University of Oxford |
language | English |
last_indexed | 2024-03-06T18:03:39Z |
publishDate | 2001 |
record_format | dspace |
spelling | oxford-uuid:00ac6bdf-a8f7-45c7-b768-2688c30a95a62022-03-26T08:30:49ZOf Hype and Hyperbolas: Introducing the New Economic Geography.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:00ac6bdf-a8f7-45c7-b768-2688c30a95a6EnglishDepartment of Economics - ePrints2001Neary, JReviewing The Spatial Economy by Fujita, Krugman, and Venables, this paper argues that the key contribution of the new economic geography is a framework in which standard building blocks of mainstream economics (especially rational decision making and simple general equilibrium models) are used to model the trade-off between dispersal and agglomeration. The approach thus gives a choice-theoretic basis for a "propensity to agglomerate." |
spellingShingle | Neary, J Of Hype and Hyperbolas: Introducing the New Economic Geography. |
title | Of Hype and Hyperbolas: Introducing the New Economic Geography. |
title_full | Of Hype and Hyperbolas: Introducing the New Economic Geography. |
title_fullStr | Of Hype and Hyperbolas: Introducing the New Economic Geography. |
title_full_unstemmed | Of Hype and Hyperbolas: Introducing the New Economic Geography. |
title_short | Of Hype and Hyperbolas: Introducing the New Economic Geography. |
title_sort | of hype and hyperbolas introducing the new economic geography |
work_keys_str_mv | AT nearyj ofhypeandhyperbolasintroducingtheneweconomicgeography |