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Paul Krugman: contributions to Geography and Trade

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  • José M. Gaspar

    (Universidade Católica Portuguesa
    University of Porto)

Abstract

This work consists of a survey of the academic work of Paul Robin Krugman. It seeks to shed light on his main contributions to economic theory, mainly those for which he was awarded the Nobel Prize in Economics in 2008. His legacy in academia can be assessed through the recognition of his work on the identification of international trade patterns and the explanation on why spatial imbalances in the distribution of economic activities arise in an increasingly globalized economy. Through these contributions to trade theory and economic geography, Krugman is often credited as being one of the pioneering researchers in the New Trade Theory and the founding father (together with Masahisa Fujita) of the New Economic Geography.

Suggested Citation

  • José M. Gaspar, 2020. "Paul Krugman: contributions to Geography and Trade," Letters in Spatial and Resource Sciences, Springer, vol. 13(1), pages 99-115, April.
    • Handle: RePEc:spr:lsprsc:v:13:y:2020:i:1:d:10.1007_s12076-020-00247-0
    DOI: 10.1007/s12076-020-00247-0
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    More about this item

    Keywords

    Paul Krugman; New trade theory; New economic geography; Increasing returns;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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