Space: The Final Frontier
- (pp. 161-174)
AbstractTraditionally, until the early 1990s, spatial economics -- the study of where economic activity takes place and why -- was pretty much neglected. Even now not one of the best-selling introductory textbooks in economics contains a single index entry for "location," "space," or "regions." In the last six or seven years, however, interest in spatial economics has surged. In this article I will try to summarize briefly the reasons for that surge; the key elements of the so-called "new economic geography;" the current state of research; and the prospects and difficulties facing this subfield of economics.
CitationKrugman, Paul. 1998. "Space: The Final Frontier." Journal of Economic Perspectives, 12 (2): 161-174. DOI: 10.1257/jep.12.2.161
- R10 General Regional Economics (includes Regional Data