2010
DOI: 10.1080/17421771003730729
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Rethinking (New) Economic Geography Models: Taking Geography and History More Seriously

Abstract: Two aspects of New Economic Geography models are often singled out for criticism, especially by geographers: the treatment of geography, typically as a pre-given, fixed and highly idealized abstract geometric space; and the treatment of history, typically as 'logical' time (the movement to equilibrium in a model's solution space) rather than real history. In this paper we examine the basis for these criticisms, and explore how far and in what ways NEG models might be made more credible with respect to their re… Show more

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Cited by 101 publications
(54 citation statements)
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“…The specific knowledge setup within a region can attract further skilled and talented individuals, whose work and ideas lead to further innovative activities and economic growth in the years to come. This argument also shows that the initial starting point is important, or in other words, that 'history matters' (Garretsen and Martin 2010) for explaining regional inequalities. To conclude, we find a positive and significant relationship between historical human capital on the one hand and current innovation and economic development on the other hand.…”
Section: Explaining Regional Economic Developmentmentioning
confidence: 99%
“…The specific knowledge setup within a region can attract further skilled and talented individuals, whose work and ideas lead to further innovative activities and economic growth in the years to come. This argument also shows that the initial starting point is important, or in other words, that 'history matters' (Garretsen and Martin 2010) for explaining regional inequalities. To conclude, we find a positive and significant relationship between historical human capital on the one hand and current innovation and economic development on the other hand.…”
Section: Explaining Regional Economic Developmentmentioning
confidence: 99%
“…Although these models have gone through several generations of development (see Martin, 2011), and are highly restricted in terms of their assumptions and treatment of space and time (see Garretsen and Martin, 2010), the core argument is that if labour and capital are geographically mobile whilst knowledge spillovers are spatially localized, then -under conditions of free trade and low transport costs -the development of a core-periphery pattern of economic activity and growth is a likely equilibrium outcome. Firms and workers will tend to agglomerate in a particular region, which gives rise to localized increasing returns effects, which in turn raise the productivity of firm and workers located there, which in turn attracts still more firms and workers into the region.…”
Section: Regional Economic Imbalance: Theoretical Issuesmentioning
confidence: 99%
“…Similarly with other resource-based areas, Lieksa is strongly dependent on the global market. Mills have been part of global production chains and networks and hence a suitable location and the emergence of costs must be interpreted in relation to particular networks of their time (Garretsen and Martin, 2010;Kortelainen and Rannikko, 2014). Moreover, current growth in the boreal zone takes place outside the primary and traditional manufacturing sectors; an increasing part of value-added is generated by the service sector and the production of information in production systems.…”
Section: Changing Spatial Patterns Of Wealthmentioning
confidence: 99%