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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

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

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

Does Geographical Agglomeration Foster Economic Growth? And Who Gains and Looses From It?

Fujita, Masahisa; Thisse, Jacques-François - C.E.P.R. Discussion Papers - 2002

analysis suggests that the presence of such a sector reinforces the tendency toward agglomeration, and supports the idea that … the additional growth spurred by agglomeration may lead to a Pareto-dominant outcome such that when the economy moves from … dispersion to agglomeration, innovation follows a much faster pace. As a consequence, even those who stay put in the periphery …

Persistent link: https://www.econbiz.de/10005662000