Spatial Economics: Cities, Regions, and International Trade

Author: Masahiko Fujita
Publisher:
Publish Date: 2005-09-01
Features: This is a top-tier work written by three pioneers in the field of new economic geography. Any graduate course in urban economics should include this accessible and outstanding book. —Edward L. Glaeser, Harvard University Economics Professor
This book provides incisive and easy-to-understand analysis for an important emerging academic field (known as the "new economic geography"). It can be said that this is the right book written at the right time by the right people. —Richard E. Baldwin, International Economics Professor, Geneva Institute for International Studies
Monopolistic competition has not only fundamentally changed our perspective on many economic issues but also established itself firmly in macroeconomics. This excellent work shows us how some universal principles derived from monopolistic competition have been used to enhance our understanding of economic development. This book is an outstanding representative of economic application theory. —Eitan Berglas, Faculty of Economics, Tel Aviv University
The investigation and research on new economic geography by Fujita, Krugman, and Venables are both remarkable and accessible. On the positive side, this work is even more "unconventional" than the new trade theory of the 1980s. For students and scholars who intend to seriously study international trade, regional economics, and urban economics, Spatial Economics is absolutely a must-read. —Donald R. Davis, Harvard University Economics Department
Spatial economics has become one of the most exciting fields in contemporary economics. Spatial economic theory is regarded as the fourth wave of the revolution in imperfect competition and increasing returns, providing new perspectives and methods for studying location theory and explaining real-world economic phenomena. As one travels through the wormhole of time, viewing the history, present, and future of spatial economics, numerous milestones come into view, and the 1990s stand out as a monumental achievement with Spatial Economics. It offers a concise overview and timely compilation of the development and achievements of spatial economics theory over the past decade. This book is the culmination of collaboration by world-renowned economists. Its publication led to the authors receiving the prestigious "Nikkei Prize," one of Asia's most influential awards, in 2001; Fujita and Krugman were also jointly awarded the Alonso Award by the Regional Science Association International (RSAI) in 2002.
This book has been translated into multiple languages and published worldwide. Anybody who wishes to linger or cultivate in the paradise of spatial economics undoubtedly should study this classic masterpiece. It is suitable for economics faculty, graduate and doctoral students, highly accomplished researchers, government socioeconomic management personnel, and self-taught social learners interested in spatial economic theory.