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What's new about the new economic geography?

Bibliographic Data

ID23324932
AuthorsPaul Krugman (Massachusetts Institute of Technology, corresponding author)
Year1998
Volume14
Issue2
Pages7-17
Publication date1998-06-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueOxford Review of Economic Policy (JOURNAL)
Journal identifiersISSN: 0266-903X • E-ISSN: 1460-2121
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1093/oxrep/14.2.7
OpenAlexW1994539481
LanguageEN
Citations received171
References cited12

Since 1990 a new genre of research, often described as the ‘new economic geography’, has emerged. It differs from traditional work in economic geography mainly in adopting a modelling strategy that exploits the same technical tricks that have played such a large role in the ‘new trade ’ and ‘new growth ’ theories; these modelling tricks, while they preclude any claims of generality, do allow the construction of models that—unlike most traditional spatial analysis—are fully general-equilibrium and clearly derive aggregate behaviour from individual maximization. The new work is highly suggestive, particularly in indicating how historical accident can shape economic geography, and how gradual changes in underlying parameters can produce discontinuous change in spatial structure. It also serves the important purpose of placing geographical analysis squarely in the economic mainstream. I.

Aggregate (composite) · Critical geography · Economic geography · Economics · Exploit · General equilibrium theory · Generality · Historical geography · Human geography · Mainstream · Microeconomics · Neoclassical economics · Political science · Work (physics) · Computer Science · Engineering · Regional Economic and Spatial Analysis · Regional Economics and Spatial Analysis · Spatial and Panel Data Analysis

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Unique citing works171
Citations per year6,33
Citation span1999 - 2026 (28)
Citation velocitycurrent
Highly citedYes
Citation typesNeutral: 146

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