The 'new economic geography' is one of the most significant developments to have occurred in economics in recent years. The new insights gained from this approach have been successfully applied to issues such as globalization, international integration and policy competition. Contributed to and edited by leading international academics, this topical book analyzes the research inspired by this 'new economic geography' and examines the ensuing policy implications. Issues that are connected to this approach such as core-periphery patterns, transportation costs and economic modelling are also explored in depth.
Increasing integration of the world economy and the 2004 enlargement of the European Union amongst other factors, have combined to change the geography of economics. Now two renowned authorities have come together to edit this contemporary text on location and competition for students, academics and researchers in the field.
Table of Contents
List of Figures. List of Tables. Location and Competition: An Introduction 1. Locating Economic Concentration 2. Transport Costs, Location and the Economy 3. Agglomerations in Equilibrium? 4. Policy Competition in Theory and Practice 5. Clustering, Optimum Currency Areas and Macroeconomic Policy. About the Authors
Harry Garretsen is professor of international economics at the Utrecht School of Economics, Utrecht University. Steven Brakman is professor of economics at the faculty of economics of the University of Groningen.