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Globalization and the Evolution of the Supply Chain: Who Gains and Who Loses?

Fujita, Masahisa; Thisse, Jacques-François - C.E.P.R. Discussion Papers - 2003

two regions, the decrease of these costs fosters the gradual agglomeration of plants in the core region accommodating the …

Persistent link: https://www.econbiz.de/10005498045

Economics of Agglomeration

Fujita, Masahisa; Thisse, Jacques-François - C.E.P.R. Discussion Papers - 1996

We address the fundamental question arising in economic geography: why do economic activities agglomerate in a small number of places? The main reasons for the formation of economic clusters involving firms and/or households are analysed: (i) externalities under perfect competition; (ii)...

Persistent link: https://www.econbiz.de/10005123960

Rational expectations in urban economics

Berliant, Marcus; Yu, Chia-Ming - In: Regional Science and Urban Economics 43 (2013) 2, pp. 197-208

Canonical analysis of the classical general equilibrium model demonstrates the existence of an open and dense subset of standard economies that possess fully-revealing rational expectations equilibria. This paper shows that the analogous result is not true in urban economies under appropriate...

Persistent link: https://www.econbiz.de/10010636458

Labor Differentiation and Agglomeration in General Equilibrium

Berliant, Marcus; Zenou, Yves - C.E.P.R. Discussion Papers - 2012

The aim of this paper is to explore the structure of cities as a function of labor differentiation, gains to trade, a fixed cost for constructing the transportation network, a variable cost of commodity transport, and the commuting costs of consumers. Firms use different types of labor to...

Persistent link: https://www.econbiz.de/10011083732

Labour Specialization and City Formation

Berliant, Marcus; Zenou, Yves - C.E.P.R. Discussion Papers - 1995

This paper explores the formation of cities through labour specialization, gains to trade, a fixed cost for the transportation network, imperfect competition between firms, and the commuting costs of consumers. The model uses a very general setting, allowing a multidimensional location space and...

Persistent link: https://www.econbiz.de/10005498079

Firm Location and Job Creation in Cities

Fujita, Masahisa; Thisse, Jacques-François; Zenou, Yves - C.E.P.R. Discussion Papers - 1994

Cities are often viewed as places fostering employment. It is shown that the choice of a particular location within a city is a key factor for the creation of jobs by a new firm. This question is addressed in the context of a standard urban model in which existing firms are established at the...

Persistent link: https://www.econbiz.de/10005661841

New Economic Geography: an appraisal on the occasion of Paul Krugman's 2008 Nobel Prize in Economics

Fujita, Masahisa; Thisse, Jacques-François - C.E.P.R. Discussion Papers - 2008

Paul Krugman has clarified the microeconomic underpinnings of both spatial economic agglomerations and regional imbalances at national and international levels. He has achieved this with a series of remarkably original papers and books that succeed in combining imperfect competition, increasing...

Persistent link: https://www.econbiz.de/10005497703

On the evolution of the spatial economy with multi-unit · multi-plant firms: the impact of IT development

Fujita, Masahisa; Gokan, Toshitaka - In: Portuguese Economic Journal 4 (2005) 2, pp. 73-105

This paper examines how the decline of communication costs between management and production facilities within firms and the decrease in trade costs of manufactured goods affect the spatial organization of a two-region economy with multi-unit·multi-plant firms. The development of information...

Persistent link: https://www.econbiz.de/10005598131

Transport development and the evolution of economic geography

Fujita, Masahisa; Mori, Tomoya - In: Portuguese Economic Journal 4 (2005) 2, pp. 129-156

impacts of transport costs on the spatial patterns of economic agglomeration. We first identify prototypes from the existing … models, and explain the mechanism of how transport costs influence the balance between economic forces of agglomeration and … dispersion. We then investigate the transformation of the agglomeration/dispersion patterns given gradually decreasing transport …

Persistent link: https://www.econbiz.de/10005371288

The new economic geography: Past, present and the future

Fujita, Masahisa; Krugman, Paul - In: Economics of Governance 83 (2003) 1, pp. 139-164

This article presents a summary of our conversation on the past, present and future of the new economic geography, which took place with the help of an interlocutor in San Juan, Puerto Rico in November 2002. Following the introduction, we explain what the new economic geography is, and we...

Persistent link: https://www.econbiz.de/10005391087