Shifts in Economic Geography and their Causes.
This paper analyses some of the forces that are changing the spatial distribution of activity inthe world economy. It draws on the 'new economic geography' literature to argue theimportance of increasing returns to scale and cumulative causation processes in shaping theproductivity and com...
| Päätekijä: | |
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| Aineistotyyppi: | Working paper |
| Kieli: | English |
| Julkaistu: |
Centre for Economic Performance, LSE
2006
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| _version_ | 1826281733270536192 |
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| author | Venables, A |
| author_facet | Venables, A |
| author_sort | Venables, A |
| collection | OXFORD |
| description | This paper analyses some of the forces that are changing the spatial distribution of activity inthe world economy. It draws on the 'new economic geography' literature to argue theimportance of increasing returns to scale and cumulative causation processes in shaping theproductivity and comparative advantage of different regions. In the presence of suchincreasing returns there may be persistent spatial disparities in productivity. Economicdevelopment will tend to be 'lumpy', with some regions (countries, or smaller areas such ascities) experiencing rapid growth and others being left behind. |
| first_indexed | 2024-03-07T00:33:15Z |
| format | Working paper |
| id | oxford-uuid:8088cba1-c78a-4a7c-a8f0-98c44ed9a817 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T00:33:15Z |
| publishDate | 2006 |
| publisher | Centre for Economic Performance, LSE |
| record_format | dspace |
| spelling | oxford-uuid:8088cba1-c78a-4a7c-a8f0-98c44ed9a8172022-03-26T21:23:59ZShifts in Economic Geography and their Causes.Working paperhttp://purl.org/coar/resource_type/c_8042uuid:8088cba1-c78a-4a7c-a8f0-98c44ed9a817EnglishDepartment of Economics - ePrintsCentre for Economic Performance, LSE2006Venables, AThis paper analyses some of the forces that are changing the spatial distribution of activity inthe world economy. It draws on the 'new economic geography' literature to argue theimportance of increasing returns to scale and cumulative causation processes in shaping theproductivity and comparative advantage of different regions. In the presence of suchincreasing returns there may be persistent spatial disparities in productivity. Economicdevelopment will tend to be 'lumpy', with some regions (countries, or smaller areas such ascities) experiencing rapid growth and others being left behind. |
| spellingShingle | Venables, A Shifts in Economic Geography and their Causes. |
| title | Shifts in Economic Geography and their Causes. |
| title_full | Shifts in Economic Geography and their Causes. |
| title_fullStr | Shifts in Economic Geography and their Causes. |
| title_full_unstemmed | Shifts in Economic Geography and their Causes. |
| title_short | Shifts in Economic Geography and their Causes. |
| title_sort | shifts in economic geography and their causes |
| work_keys_str_mv | AT venablesa shiftsineconomicgeographyandtheircauses |