By Pierre-Philippe Combes

Economic Geography is the main entire, up to date textbook on hand at the very important new box of spatial economics. This ebook fills a niche via delivering complicated undergraduate and graduate scholars with the newest examine and methodologies in an obtainable and entire method. it's an crucial reference for researchers in financial geography, neighborhood and concrete economics, overseas exchange, and utilized econometrics, and will function a source for economists in government.

Economic Geography provides advances in fiscal thought that designate why, regardless of the expanding mobility of commodities, rules, and other people, the diffusion of monetary task is especially unequal and is still agglomerated in a restricted variety of spatial entities. The ebook enhances theoretical research with designated discussions of the empirics of the economics of agglomeration, providing a mixture of theoretical and empirical study that provides a different viewpoint on spatial disparities. It unearths how position keeps to topic for exchange and financial improvement, but how monetary integration is reworking the worldwide economic climate into an fiscal house during which actions are played inside of huge metropolitan components changing items, talents, and data. Economic Geography examines the long run implications of this evolution within the spatial financial system and relates them to different significant social and financial trends.

  • Provides a whole advent to fiscal geography
  • Explains the newest thought and methodologies
  • Covers the empirics of agglomeration, from spatial focus size to structural estimations of monetary geography versions
  • Includes background and heritage of the sector
  • Serves as a textbook for college students and a source for professionals

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Sample text

To a lesser extent, the same holds in the United Kingdom, Spain, Belgium, and Germany, where the divide between western and eastern “Landers” remains strong. Note, however, that regions belonging to the new member states form most of the new periphery of Europe, whereas the old periphery, mainly made up of regions of Greece, 7 NUTS (“nomenclature des unités territoriales statistiques”) is the regional classification used by Eurostat, usually building on existing regional borders inside each country.

Whatever the value of these differences, there is no longer any question that the Industrial Revolution generated income disparities between countries and regions of a completely different nature and on an unprecedented scale. The transportation sector underwent the most stunning changes during the Industrial Revolution. In particular, the great divergence between nations appeared when all distance-related costs underwent a drastic and historically unprecedented fall. The scope of this decline led Cipolla to contend that: Fast and cheap transportation has been one of the main products of the Industrial Revolution.

Manchester, Saint-Etienne, Charleroi) can be seen. As Bairoch noted: of the 228 cities of more than 100,000 inhabitants in the developed world (except Japan) in 1910, about 98 … did not exist at all or were simple villages at the beginning of the nineteenth century (or, for England, in the middle of the eighteenth century). Bairoch (1997, volume 2, p. 196) [our translation] 4 Forcing the point a bit, Cipolla (1962) argued that, from a strictly economic standpoint, the city as we know it is a product of the Industrial Revolution.

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