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What is New Economic Geography

Encyclopedia of Information Science and Technology, Third Edition
Differs from traditional work in economic geography mainly in adopting a modeling strategy that exploits the same technical tricks that have played such a large role in the new growth theories; these modeling tricks, while they preclude any claims of generality, do allow the construction of models that are fully general-equilibrium and clearly derive aggregate behavior from individual maximization. Most importantly it serves the important purpose of placing geographical analysis squarely in the economic mainstream.
Published in Chapter:
Knowledge-Based Urban Development
Tan Yigitcanlar (Queensland University of Technology, Australia)
Copyright: © 2015 |Pages: 11
DOI: 10.4018/978-1-4666-5888-2.ch736
Full Text Chapter Download: US $37.50 Add to Cart
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