IDEAS home Printed from https://ideas.repec.org/a/taf/specan/v4y2009i1p5-23.html
   My bibliography  Save this article

Trade and Geography: Paul Krugman and the 2008 Nobel Prize for Economics

Author

Listed:
  • Steven Brakman
  • Harry Garretsen

Abstract

Abstract The 2008 Nobel Prize for economics was awarded to Paul Krugman for three papers—Krugman (1979, 1980, 1991). In this paper we illustrate that, indeed, these three papers are closely connected. We present a summary of the papers using a unified framework. Central in the discussion is the so-called home market effect that was already alluded to in Krugman (1979). We evaluate his work and conclude that these three papers changed and improved the way in which economists think about trade and geography. Commerce et Géographie: Paul Krugman et le Prix Nobel 2008 en ÉconomieRésumé Dans la présent communication, nous illustrons la façon dont ces trois communications sont en rapport étroit. Nous présentons un récapitulatif sur ces communications, en suivant un cadre unifié. Au cœur même de ces discussions se trouve ce que l'on appelle l'effet du marché intérieur, déjà évoqué dans Krugman (1979). Nous évaluons cet ouvrage, en concluant que ces communications ont changé et optimisé la façon dont les économistes conçoivent le commerce et la géographie. Comercio y Geografía: Paul Krugman y el Premio Nobel 2008 en EconomíaRésumén En este documento ilustramos que, de hecho, estos tres ensayos están estrechamente relacionados. Presentamos un resumen de los ensayos utilizando un marco unificado. Un factor fundamental del debate es el denominado efecto del mercado nacional, al que ya se había hecho alusión en Krugman (1979). Evaluamos este trabajo y concluimos que estos tres ensayos cambiaron y mejoraron la forma de pensar de los economistas sobre el comercio y la geografía.

Suggested Citation

  • Steven Brakman & Harry Garretsen, 2009. "Trade and Geography: Paul Krugman and the 2008 Nobel Prize for Economics," Spatial Economic Analysis, Taylor & Francis Journals, vol. 4(1), pages 5-23.
  • Handle: RePEc:taf:specan:v:4:y:2009:i:1:p:5-23
    DOI: 10.1080/17421770902739120
    as

    Download full text from publisher

    File URL: http://www.taylorandfrancisonline.com/doi/abs/10.1080/17421770902739120
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/17421770902739120?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Maarten Bosker & Steven Brakman & Harry Garretsen & Marc Schramm, 2007. "Adding Geography to the New Economic Geography," CESifo Working Paper Series 2038, CESifo.
    2. Bernard Fingleton (ed.), 2007. "New Directions in Economic Geography," Books, Edward Elgar Publishing, number 3818.
    3. Richard Baldwin & Rikard Forslid & Philippe Martin & Gianmarco Ottaviano & Frederic Robert-Nicoud, 2005. "Economic Geography and Public Policy," Economics Books, Princeton University Press, edition 1, number 7524.
    4. Brakman,Steven & Garretsen,Harry & van Marrewijk,Charles, 2009. "The New Introduction to Geographical Economics," Cambridge Books, Cambridge University Press, number 9780521698030, December.
    5. Kristian Behrens & Andrea R. Lamorgese & Gianmarco I.P. Ottaviano & Takatoshi Tabuchi, 2005. "Testing the 'home market effect' in a multi-country world: A theory-based approach," Temi di discussione (Economic working papers) 561, Bank of Italy, Economic Research and International Relations Area.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kristian Behrens & Frédéric Robert‐Nicoud, 2009. "Krugman's Papers in Regional Science: The 100 dollar bill on the sidewalk is gone and the 2008 Nobel Prize well‐deserved," Papers in Regional Science, Wiley Blackwell, vol. 88(2), pages 467-489, June.
    2. Fabien Candau, 2011. "Is Agglomeration Desirable?," Annals of Economics and Statistics, GENES, issue 101-102, pages 203-227.
    3. B. Fingleton & P. Cheshire & H. Garretsen & D. Igliori & J. Le Gallo & P. McCann & J. McCombie & V. Monastiriotis & B. Moore & M. Roberts, 2009. "Editorial," Spatial Economic Analysis, Taylor & Francis Journals, vol. 4(3), pages 243-248.
    4. Schaeffer, Y. & Charlot, S., 2012. "Inequality aversion, income redistribution and economic geography," Working Papers 201204, Grenoble Applied Economics Laboratory (GAEL).
    5. Rahman, Jasmeen & Dimand, Robert W., 2021. "The Emergence Of Geographical Economics: At The Contested Boundaries Of Economics, Geography, And Regional Science," Journal of the History of Economic Thought, Cambridge University Press, vol. 43(2), pages 241-261, June.
    6. Fabien Candau & Michaël Goujon & Jean-François Hoarau & Serge Rey, 2014. "Real exchange rate and competitiveness of an EU's ultra-peripheral region: La Reunion Island," International Economics, CEPII research center, issue 137, pages 1-21.
    7. B. Fingleton & P. Cheshire & H. Garretsen & D. Igliori & J. Gallo & P. McCann & J. McCombie & V. Monastiriotis & B. Moore & M. Roberts, 2009. "Editorial," Spatial Economic Analysis, Taylor & Francis Journals, vol. 4(1), pages 1-4.
    8. Jochem, Patrick & Schleich, Joachim, 2012. "Exploring the drivers behind automotive exports in OECD countries: An empirical analysis," Working Papers "Sustainability and Innovation" S3/2012, Fraunhofer Institute for Systems and Innovation Research (ISI).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Steven Brakman & Harry Garretsen, 2009. "Trade and Geography: Paul Krugman and the 2008 Nobel Prize in Economics," CESifo Working Paper Series 2528, CESifo.
    2. Harry Garretsen & Ron Martin, 2010. "Rethinking (New) Economic Geography Models: Taking Geography and History More Seriously," Spatial Economic Analysis, Taylor & Francis Journals, vol. 5(2), pages 127-160.
    3. Juan Labraga, 2009. "Política Comercial y Política de Infraestructura en el MERCOSUR," IDB Publications (Working Papers) 9328, Inter-American Development Bank.
    4. Biswajit Mohanty & N. R. Bhanumurthy, 2018. "Regional growth policy experience in India: the spatial dimension," Asia-Pacific Journal of Regional Science, Springer, vol. 2(2), pages 479-505, August.
    5. Michele Fratianni & Francesco Marchionne, 2012. "Trade Costs and Economic Development," Economic Geography, Taylor & Francis Journals, vol. 88(2), pages 137-163, April.
    6. Roberts, Mark & Deichmann, Uwe & Fingleton, Bernard & Shi, Tuo, 2010. "On the road to prosperity ? The economic geography of China's national expressway network," Policy Research Working Paper Series 5479, The World Bank.
    7. Nga Thi Viet Nguyen & Felipe F. Dizon, 2017. "The Geography of Welfare in Benin, Burkina Faso, Côte d'Ivoire, and Togo," World Bank Publications - Reports 27994, The World Bank Group.
    8. Bosker, Maarten & Brakman, Steven & Garretsen, Harry & Schramm, Marc, 2012. "Relaxing Hukou: Increased labor mobility and China’s economic geography," Journal of Urban Economics, Elsevier, vol. 72(2), pages 252-266.
    9. José M. Gaspar, 2018. "A prospective review on New Economic Geography," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 61(2), pages 237-272, September.
    10. Steven Brakman & Harry Garretsen & Charles Van Marrewijk, 2009. "Economic Geography Within And Between European Nations: The Role Of Market Potential And Density Across Space And Time," Journal of Regional Science, Wiley Blackwell, vol. 49(4), pages 777-800, October.
    11. Breinlich, Holger & Ottaviano, Gianmarco I.P. & Temple, Jonathan R.W., 2014. "Regional Growth and Regional Decline," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 4, pages 683-779, Elsevier.
    12. Paul Plummer & Eric Sheppard & Robert Haining, 2012. "Rationality, Stability, and Endogenous Price Formation in Spatially Interdependent Markets," Environment and Planning A, , vol. 44(3), pages 538-559, March.
    13. Kogure, Yosuke & Ikeda, Kiyohiro, 2022. "Group-theoretic Study of Economic Agglomerations on a Square Lattice," MPRA Paper 112842, University Library of Munich, Germany.
    14. Toru Kikuchi & Ngo van Long, 2010. "A decomposition of the home-market effect," Economics Bulletin, AccessEcon, vol. 30(4), pages 2759-2768.
    15. Gordon Mulligan & Mark Partridge & John Carruthers, 2012. "Central place theory and its reemergence in regional science," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 48(2), pages 405-431, April.
    16. Labraga, Juan, 2009. "Política Comercial y Política de Infraestructura en el MERCOSUR," IDB Publications (Working Papers) 2545, Inter-American Development Bank.
    17. Norbert Szabó & Richárd Farkas & Attila Varga, 2021. "The economic effects of passenger transport infrastructure investments in lagging regions. Would the increase in commuting be beneficial for regional development?," Growth and Change, Wiley Blackwell, vol. 52(4), pages 2099-2123, December.
    18. John Carruthers & Gordon F. Mulligan, 2012. "The plane of living and the precrisis evolution of housing values in the USA," Journal of Economic Geography, Oxford University Press, vol. 12(4), pages 739-773, July.
    19. Jonathan Potter, 2009. "Evaluating Regional Competitiveness Policies: Insights from the New Economic Geography," Regional Studies, Taylor & Francis Journals, vol. 43(9), pages 1225-1236.
    20. Patricio Aroca & Carlos Azzoni & Mauricio Sarrias, 2018. "Regional concentration and national economic growth in Brazil and Chile," Letters in Spatial and Resource Sciences, Springer, vol. 11(3), pages 343-359, October.

    More about this item

    Keywords

    Nobel Prize 2008; Paul Krugman; trade; geography; FI; RI; N0;
    All these keywords.

    JEL classification:

    • N0 - Economic History - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:specan:v:4:y:2009:i:1:p:5-23. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RSEA20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.