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Modeling Agglomeration and Dispersion in City and Country: Gunnar Myrdal, Francois Perroux, and the New Economic Geography.(Critical Essay)

From: The American Journal of Economics and Sociology  |  Date: 1/1/2001  |  Author: MEARDON, STEPHEN J.

STEPHEN J. MEARDON [*]

ABSTRACT. The "new economic geography" is a recent body of literature that seeks to explain how resources and production come to be concentrated spatially for reasons other than the standard "geographic" ones. Unlike alternative explanations of the geographic distribution of industry, the literature is not interdisciplinary. The new economic geography lies well within economics proper: it is an offspring of international trade theory, with models ...

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