spatial economics
From The New Palgrave Dictionary of Economics, Second Edition, 2008
Edited by
Steven
N.
Durlauf
and
Lawrence
E.
Blume
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Abstract
This article provides a general overview of spatial economics, which covers location theory, spatial competition, and regional and urban economics. After a brief review of the main theoretical traditions, the fundamental role of non-convexities and imperfect competition is highlighted. The main challenges faced by theoretical and empirical research are also discussed, followed by a broader discussion of the relationship between this field of research and other sub-fields of economics and other disciplines.
Keywords
Alonso, W.; Debreu, G.; economic geography; Hecksher–Ohlin trade theory; Hotelling, H.; Krugman, P.; new economic geography; Non-convexity; Ricardo, D.; spatial economics; spatial impossibility theorem; systems of cities; Thünen, J. von; urban agglomeration; Weber, A.
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See Also
- central place theory
- GIS data in economics
- housing supply
- international trade theory
- location theory
- monocentric versus polycentric models in urban economics
- neighbours and neighbourhoods
- new economic geography
- spatial econometrics
- systems of cities
- urban agglomeration
- urban economics
- urban growth
- urban housing demand
- urban production externalities
- urban transportation economics
How to cite this article
Duranton, Gilles. "spatial economics." The New Palgrave Dictionary of Economics. Second Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2008. The New Palgrave Dictionary of Economics Online. Palgrave Macmillan. 23 May 2013 <http://www.dictionaryofeconomics.com/article?id=pde2008_S000195> doi:10.1057/9780230226203.1583

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