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Economics of Agglomeration: Cities, Industrial Location, and Globalization by Masahisa Fujita, Jacques-Francois Thisse

Economics of Agglomeration: Cities, Industrial Location, and Globalization

by Masahisa Fujita , Jacques-Francois Thisse
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Book cover type: Hardcover
  • ISBN13: 9781107001411
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Publication Date:
  • Pages: 544
  • Original Price: GBP 151.0
  • Language: English
  • Edition: Revised
  • Item Weight: 840 grams
  • BISAC Subject(s): Economics / Microeconomics

Economic activities are not concentrated on the head of a pin, nor are they spread evenly over a featureless plane. On the contrary, they are distributed very unequally across locations, regions, and countries. Even though economic activities are, to some extent, spatially concentrated because of natural features, economic mechanisms that rely on the trade-off between various forms of increasing returns and different types of mobility costs are more fundamental. This book is a study of the economic reasons for the existence of a large variety of agglomerations arising from the global to the local. This second edition combines a comprehensive analysis of the fundamentals of spatial economics and an in-depth discussion of the most recent theoretical developments in new economic geography and urban economics. It aims to highlight several of the major economic trends observed in modern societies.

Fujita, Masahisa: - Masahisa Fujita, a member of the Japan Academy and the President of the Research Institute of Economy, Trade and Industry, has been a major contributor to spatial economic theory during his twenty-year tenure at the University of Pennsylvania and more recently at Kyoto University and Konan University. Professor Fujita is the author or co-author of three books: Spatial Development Planning (1978); Urban Economic Theory (Cambridge, 1989), which remains to this day the most authoritative graduate textbook on urban economics; and The Spatial Economy (1999, co-authored with Paul Krugman and A. J. Venables), which defines the field of new economic geography.

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