Frontiers of the New Economic Geography
by FUJITA Masahisa and MORI Tomoya
This paper presents an overview of recent development in the new economic geography (NEG), and discusses possible directions of its future development. Since there already exist several surveys on this topic, we focus on the selected features of the NEG which are important yet have attracted insufficient attention, and also on the recent refinements and extensions of the framework.
Keywords: New economic geography, agglomeration, international trade, economic growth, transport costs
JEL classification: R11, R12, R13, R14, F12, F23
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