1st Edition

Evolutionary Economic Geography Location of production and the European Union

By Miroslav Jovanovic Copyright 2009
512 Pages 23 B/W Illustrations
by Routledge

512 Pages 23 B/W Illustrations
by Routledge

The purpose of this book is to provide a guided tour through the theoretical foundations of spatial locations of firms and industries in an evolutionary economic framework. It addresses the issues of how a location of business in geographical space is selected and where economic activity may (re)locate in the future. The analysis is in the context of technological progress, innovation,... Read more
Table of Contents, Preface, Foreword, I. Introduction, II. Theory, III. Regional policy, IV. Market structure and location of production, V. International firms, VI. Conclusions, VII. Bibliography

Biography

Miroslav N. Jovanovic is Economic Affairs Officer at the United Nations Economic Commission for Europe, Geneva.

"Nearly half a century ago, Walter Isard, the founder of regional science, suggested in his seminal book Location and Space Economy two promising approaches to further development of economic geography: the monopolistic competition approach and the evolutionary approach. As is well known, since the late 1980s, the monopolistic competition approach has been vigorously explored in the New Economic Geography. Then, the exploration of evolutionary approach started in the late 1990s, following the development of evolutionary economics and complexity theory. Although it is still in its infancy, evolutionary approach has been contributing significantly to the enrichment of economic geography, adding new perspectives to the longterm process of structural change in space and in time, In Evolutionary Economic Geography, Miroslav N. Jovanovic´ presents in lucid manner the state of arts in economic geography with a special focus on evolutionary approach. The book covers not only theory but also regional policy and location of production in the context of global economy. I enjoyed reading this wonderfully informative book and learned a lot, and so will you."

Masahisa Fujita, President of the Research Institute of Economy, Trade and Industry, Tokyo