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Economic geography (the study of the location of factors of production in space) plays a small role in economic modeling, but facts of economic modeling are an intuitively striking feature of real-world economies. The paper intends to show how models and techniques derived from theoretical...
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Theoretical economic geography has received significant new impetus from so-called `new economic geography` theory, and … attempt to bridge the gap that presently exists between this new body of theory and reality, is fitted using 3SLS to data on … of new economic geography theory. The results also highlight urbanization, peripherality, the initial level of technology …
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Our objective is twofold. First, we show why there is a spatial question in economic theory - why a free competitive … and simple model, we review what has been accomplished in economic theory during the 1990s when due allowance is given to …
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