Abstract
This article discusses the main economic contributions of Paul Krugman. Krugman developed the new trade theory, which analyses the determinants of international trade when trade takes place among oligopolistic firms, and the new economic geography, which studies where firms locate nationally and worldwide. His also drew out the policy implications of these new theories. Finally, the article discusses Krugman’s early work on exchange rate regimes and his more recent work on economic slumps.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Bibliography
Works About Krugman
Behrens, K., and F. 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 88: 467–489.
Dixit, A. 1993. In honor of Paul Krugman: Winner of the John Bates Clark Medal. Journal of Economic Perspectives 7: 173–188.
Elmslie, B. 2010. One small step for man: Paul Krugman, the 2008 Nobel Laureate in Economics. Review of Political Economy 22: 1–17.
Feenstra, R. 2009. Paul R. Krugman, recipient of the 2008 Nobel Prize in Economics: An appreciation. Challenge 52: 97–107.
MacFarquhar, L. 2010. Profiles: The deflationist: How Paul Krugman found politics. The New Yorker, 1 March, 38–49.
Neary, J.P. 2009. Putting the ‘new’ into new trade theory: Paul Krugman’s Nobel Memorial Prize in Economics. Scandinavian Journal of Economics 111: 217–250.
Other References
David, P. 1985. Clio and the economics of QWERTY. American Economic Review 75: 332–337.
Dixit, A., and J. Stiglitz. 1977. Monopolistic competition and optimum product diversity. American Economic Review 67: 297–308.
Fisher, I. 1933. The debt-deflation theory of great depressions. Econometrica: 337–357.
Leontief, W. 1953. Domestic production and foreign trade: The American capital position reexamined. Proceedings of the American Philosophical Society, 97, September. Reprinted in Input–Output Economics, 2nd ed, 1986, 65–93. New York: Oxford University Press.
Leontief, W. 1956. Factor proportions and the structure of American trade: Further theoretical and empirical analysis. Review of Economics and Statistics, 38, November. Reprinted in Input–Output Economics, 2nd ed, 1986, 94–128. New York: Oxford University Press.
Porter, M. 1990. Competitive Advantage of Nations. New York: Free Press.
Stolper, W., and P. Samuelson. 1941. Production and real wages. Review of Economic Studies 9: 58–73.
Williamson, J. 1983. The exchange rate system. Washington, DC: Institute for International Economics.
Author information
Authors and Affiliations
Editor information
Copyright information
© 2018 Macmillan Publishers Ltd.
About this entry
Cite this entry
Pressman, S. (2018). Krugman, Paul (1953–). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2933
Download citation
DOI: https://doi.org/10.1057/978-1-349-95189-5_2933
Published:
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-95188-8
Online ISBN: 978-1-349-95189-5
eBook Packages: Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences