An Introduction to Geographical Economics: Trade, Location and Growth

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9780521779678: An Introduction to Geographical Economics: Trade, Location and Growth

The need for better understanding of the role location plays in economic life was first and most famously made explicit by Bertil Ohlin in 1933. However it is only recently, with the development of computer packages able to handle complex systems, as well as advances in economic theory, that Ohlin's vision has been met and a framework developed which explains the distribution of economic activity across space. This book is an integrated, non-mathematical, first-principles textbook presenting Geographical Economics to advanced students. Its emphasis is on examples, diagrams, and empirical evidence, making it the ideal starting point prior to monographic and journal material.

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About the Author:

Steven Brakman (19.4.1957) has been an Associate Professor of Economics at the University of Groningen in the Netherlands since 1996. He previously worked as a Researcher at the Dutch central bank and as an Assistant Professor of Economics at the University of Groningen where he also got his MA and PhD in economics. At present he is also a research fellow of SOM (the University of Groningen). Apart from Geographical Economics his research focuses on International Economics. He has published in journals like Journal of Regional Science, Journal of Economics, Kyklos, Applied Economics, De Economist and to national scientific journals and has contributed to books published by i.a. Cambridge University Press, MacMillan, and wrote a monograph on International Transfers (together with Charles van Marrewijk, for Cambridge University Press and a monograph on Protectionism and one on Globalization (also together with Charles van Marrewijk). He is Associate Editor of the Journal of Regional Science and has developed two scientific television programmes (one on QWERTY and one on Keynes (together with Harry Garretsen)).

Harry Garretsen (21.11.1962) has been a Professor of Economics at the University of Nijmegen in the Netherlands since 1996. He previously worked as a senior policy-adviser at the Dutch central bank and as an Associate Professor of Economics at the University of Groningen where he also got his MA and PhD in economics. At present he is also a research fellow of SOM (the University of Groningen) and CESifo (Centre for Economic Studies, Munich). Apart from Geographical Economics his research focuses on monetary and financial economics. He has published in journals like Journal of Regional Science, Journal of Macroeconomics, Kyklos, Welwirtschaftliches Archiv, Economics of Transition, Journal of Economic Behavior and Organization, Review of International Economics, and De Economist and contributed to books published by i.a. Cambridge University Press, MacMillan, Edward Elgar and Routledge.

Charles van Marrewijk is Professor of International Macroeconomics at Utrecht University School of Economics (since 2008) and Director of the Tjalling Charles Koopmans Institute (since 2009). He studied horticulture and worked as a grower before studying economics in Holland at Erasmus University Rotterdam (1981-1985, BA and MA) and in the United States at Purdue University (1985-1988, MSc and PhD). He worked at the University of Groningen (1987-1990) and at Erasmus University Rotterdam (1990-2008), where he was also Academic Director of the Institute of Housing and Urban Development Studies (2007-2008). His research focuses on international economics, geographical economics, economic growth, development economics, and urban economics. He is currently the European editor of The Journal of International Trade and Economic Development and associate editor of the Journal of Regional Science. He has organized several international conferences and served as a guest editor for various special issues of the above two journals. His research output is widely cited and has appeared in many top (field) journals, including the Journal of International Economics, the Journal of Development Economics, the Journal of Economic Geography, the International Economic Review, the Journal of Economics and Management Strategy, Oxford Economic Papers, Economica, the International Journal of Industrial Organization, the Journal of Population Economics, and the Journal of Regional Science. He has also (co-)authored ten books, eight of which were published either by Cambridge University Press or Oxford University Press (of which two were translated into Chinese).

Review:

"Geographical economics is a broad field which encompasses or connects with the economics of region, cities, location, trade, development, and growth. Academic research in these areas has gone in many directions and made lots of progress in recent years. The first accomplishment of this New Introduction to Geographical Economics was to digest this diverse and fast growing body of knowledge. The second achievement of this great book is to be able to present everything in a clear, comprehensive, and accessible manner." - Gilles Duranton, Noranda Chair in International Trade and Development, University of Toronto

"In recent years geographical economics has gained momentum, in both academic and policy circles. This has happened thanks to a series of remarkably original contributions pioneered by the Nobel Prize Winner Paul Krugman. The combination of imperfect competition, increasing returns to scale, and transport technologies in new and powerful ways have helped to clarify the microeconomic foundations of both urban and regional imbalances at the national and the international levels. Steven Brakman, Harry Garretsen and Charles van Marrewijk provide students and fellow researchers with a timely and accurate introduction to the state-of-the-art of this vibrant field of research." - Gianmarco I.P. Ottaviano, Bocconi University Milan

"The authors provide a very nice and clear overview of what has been accomplished in this new field. Undergraduate students and teachers have no excuse anymore for ignoring the theoretical and empirical material uncovered by geographical economists. They now have a great text handy." - Jacques Thisse, CORE, Université Louvain-la-Neuve

"The authors' 2001 graduate textbook was a masterful combination of theory, facts and examples - the book made it easy to interest students in this difficult but essential topic. With the 2008 Nobel going to Paul Krugman, in part for his contribution to Economic Geography, this second edition could not come at a better time. This edition keeps the excellent pedagogical style of the first edition and applies it to the substantial theoretical and empirical advancements that have occurred in the New Century. I would also recommend it to professional economists who would like an accessible introduction to this vast literature." - Richard Baldwin, Graduate Institute, Geneva

"Since Paul Krugman's initial explorations into what he called the 'new economic geography' barely two decades ago, an increasing number of mainstream economists have recognised the importance of geography - of space and location - for understanding how economies develop and function, and a large literature now exists in this field. The first edition of Brakman, Garretsen and Marrewijk's, Introduction to Geographical Economics was one of the most successful books on this subject. This new, updated, edition builds on this success, and provides a rigorous yet highly readable introduction to the new economic geography. The clarity of theoretical exposition and the copious use of real world applications set this book apart from others in the field. Not only does it advance the subject in its own right, its accessible style and its willingness to engage with the views of geographers will do much to encourage positive dialogue with the latter." - Ron Martin, Professor of Economic Geography, University of Cambridge, UK

"Theoretical foundations and empirical estimation strategy of gravity models have significantly advanced over the last years. By tracing the history of this evolution and offering a rich sample of applications, this book will prove to be a very useful reference to both those new to the field and those in search of an up-to-date treatment of theoretical and methodological issues related to gravity models." - Roberta Piermartini, Senior Economist, Economic Research and Statistics Division, WTO, Geneva

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