This book is a serious attempt to cover all of the relevant subdisciplines in the geographical economics framework. . . I would recommend the book to students of economic geography, regional economics, and related disciplines. Frans Boekema, Journal of Regional Science . . . this book is empirically and theoretically comprehensive in its scope. The nearly eighteen authors who have contributed to this book present a truly transatlantic perspective on NEG. . . this volume will be extremely useful to those dealing with rigorous modelling to examine spatial issues in economics, geography and planning. Rajiv Thakur, Regional Science Policy and Practice I recommend the book. . . The papers of a high quality, well written and organized; empirical analyses are based on the most advanced empirical techniques, and the reader enjoys their application. Roberta Capello, Growth and Change A very interesting volume indeed, recommended reading for everyone interested in theorizing space in economics or working in the empirical spatial-economic research arena. Economic Geography Research Group This important book explores original and alternative directions for economic geography following the revolution precipitated by the advent of so-called new economic geography (NEG). Whilst, to some extent, the volume could be regarded as part of the inevitable creative destruction of NEG theory, it does promote the continuing role of theoretical and empirical contributions within spatial economic analysis, in which the rationale of scientific analysis and economic logic maintain a central place. With contributions from leading experts in the field, the book presents a comprehensive analysis of the extent to which NEG theory is supported in the real world. By exploring whether NEG theory can be effectively applied to provide practical insights, the authors highlight novel approaches, emerging trends, and promising new lines of enquiry in the wake of advances made by NEG. Rigorous yet engaging, this book will be an essential tool for academics and researchers specialising in regional studies, urban and spatial economics and economic geography. It will also have widespread appeal amongst policymakers involved in planning and land use.

This book examines emerging hypotheses, new methods and theoretic developments in regional economic development. It offers a diverse set of case studies, ranging from a focus on Europe, Central and East Asia and North America.

This book presents extensions to current commodity-flow models to analyze the economic and environmental impacts of recent structural changes, such as fragmentation of production and lengthening supply chains. The extensions enable augmented commodity-flow models to analyze the vulnerability of supply chains and regions to climate change and extreme weather events. The models allow the explicit treatment of trade in intermediate goods; the so-called “new economic geography” behavioral foundations for production and inter-industry and interregional trade; endogenous determination of capital investment and employment; and changes in emissions associated with production, consumption and freight movement. Presenting a modeling framework and simulations that are based on a thirty-year, spatial time-series of inter-industry and interstate trade in the US, this unique book is a valuable resource for regional scientists, economic geographers and transportation modelers, as well as environmental and atmospheric scientists.

Research on the spatial aspects of economic activity has flourished over the past decade due to the emergence of new theory, new data, and an intense interest on the part of policymakers, especially in Europe but increasingly in North America and elsewhere as well. However, these efforts--collectively known as the "new economic geography"--have devoted little attention to the policy implications of the new theory. Economic Geography and Public Policy fills the gap by illustrating many new policy insights economic geography models can offer to the realm of theoretical policy analysis. Focusing primarily on trade policy, tax policy, and regional policy, Richard Baldwin and coauthors show how these models can be used to make sense of real-world situations. The book not only provides much fresh analysis but also synthesizes insights from the existing literature. The authors begin by presenting and analyzing the widest range of new economic geography models to date. From there they proceed to examine previously unaddressed welfare and policy issues including, in separate sections, trade policy (unilateral, reciprocal, and preferential), tax policy (agglomeration with taxes and public goods, tax competition and agglomeration), and regional policy (infrastructure policies and the political economy of regional subsidies). A well-organized, engaging narrative that progresses smoothly from fundamentals to more complex material, Economic Geography and Public Policy is essential reading for graduate students, researchers, and policymakers seeking new approaches to spatial policy issues.

The promising new directions for research and applications described here include alternative model specifications, estimators and tests for regression models and new perspectives on dealing with spatial effects in models with limited dependent variables and space-time data.

What makes certain cities more competitive than others? Why is it that countries often find talent concentrated more so in a few regions than evenly spread across the country? What are the economic drivers that make cities more productive? These are a few of the many questions that this volume aims to answer.

Setting out to explore the intersections of economy and geography, this book brings together contributions from the world's top economic geographers. Over forty contributors draw upon contemporary theory and experience to explore the cultural and social constitution of economic geographies, processes of globalisation and new forms of political regulation and practice. Although focusing upon 'new' economic geography, the book also illustrates the many connections with previous scholarship as scholars seek to reconstruct the traditions of political economy to understand the contemporary world. Highlighting and illustrating contemporary developments, the book opens up discussion about the implications of the complex geographies involved. In pointing to new directions of research and debate, this major statement in state of the art economic geography demonstrates the central relevance of economic geography not only in understanding the trajectories of change but in proposing alternatives.