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New Economic Geography

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The New Palgrave Dictionary of Economics
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Abstract

New economic geography provides an integrated and micro-founded approach to spatial economics. It emphasizes the role of clustering forces in generating an uneven distribution of economic activity and income across space. The approach has been applied to the economics of cities, the emergence of regional disparities, and the origins of international inequalities.

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Venables, A.J. (2018). New Economic Geography. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2329

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