The Spatial Economy by Masahisa Fujita

The Spatial Economy by Masahisa Fujita

The authors show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics.

Since 1990 there has been a renaissance of theoretical and empirical work on the spatial aspects of the economy--that is, where economic activity occurs and why. Using new tools--in particular, modeling techniques developed to analyze industrial organization, international trade, and economic growth--this new economic geography has emerged as one of the most exciting areas of contemporary economics.

The authors show how seemingly disparate models reflect a few basic themes, and in so doing they develop a common grammar for discussing a variety of issues. They show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics. This book is the first to provide a sound and unified explanation of the existence of large economic agglomerations at various spatial scales.

Fujita, Masahisa: - Masahisa Fujita, a member of the Japan Academy and the President of the Research Institute of Economy, Trade and Industry, has been a major contributor to spatial economic theory during his twenty-year tenure at the University of Pennsylvania and more recently at Kyoto University and Konan University. Professor Fujita is the author or co-author of three books: Spatial Development Planning (1978); Urban Economic Theory (Cambridge, 1989), which remains to this day the most authoritative graduate textbook on urban economics; and The Spatial Economy (1999, co-authored with Paul Krugman and A. J. Venables), which defines the field of new economic geography.

SKU	Unavailable
ISBN 13	9780262561471
ISBN 10	0262561476
Title	The Spatial Economy
Author	Masahisa Fujita
Series	The Mit Press
Condition	Unavailable
Binding Type	Paperback
Publisher	The Mit Press
Year published	2001-07-27
Number of pages	384
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.