TY - BOOK AU - Fujita,Masahisa AU - Krugman,Paul R. AU - Venables,Anthony TI - The spatial economy: cities, regions and international trade SN - 0262062046 U1 - 330.9 FUJ PY - 1999/// CY - Cambridge, Mass. PB - MIT Press KW - Economic geography KW - Space in economics KW - Urban economics KW - Regional economics KW - International trade N1 - Includes bibliographical references (p. 351 - 356) and index N2 - The authors show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics. Since 1990 there has been a renaissance of theoretical and empirical work on the spatial aspects of the economy--that is, where economic activity occurs and why. Using new tools--in particular, modeling techniques developed to analyze industrial organization, international trade, and economic growth--this "new economic geography" has emerged as one of the most exciting areas of contemporary economics. The authors show how seemingly disparate models reflect a few basic themes, and in so doing they develop a common "grammar" for discussing a variety of issues. They show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics. This book is the first to provide a sound and unified explanation of the existence of large economic agglomerations at various spatial scales ER -