Geography and Trade

(Paperback)

Publishing Details

Classifications

Physical Properties

Description

Paul Krugman observes that his own shortcomings as an economist in ignoring economic geography have been shared by many professional economists, primarily because of the lack of explanatory models. In "Geography and Trade" he provides a stimulating synthesis of ideas in the literature and describes new models for implementing a study of economic geography that could change the nature of the field. Economic theory usually asssumes away distance. Krugman argues that it is time to put it back - that the location of production in space is a key issue both within and between nations.

Author Bio

Paul Krugman is Professor of Economics and International Affairs at Princeton University and a New York Times columnist. He was awarded the Nobel Prize for Economics in 2008.