Gaston Eyskens Lectures
1 total work
In "Geography and Trade" Krugman provides synthesis of ideas and describes new models for implementing a study of economic geography that could change the nature of the field. Krugman loosely defines economic geography as the study of economic issues in which location matters. Economic theory usually assumes 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.