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Shifts in economic geography and their causes

Venables, Anthony J. (2006) Shifts in economic geography and their causes. CEPDP (767). Centre for Economic Performance, London School of Economics and Political Science, London, UK. ISBN 0753020734

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This paper analyses some of the forces that are changing the spatial distribution of activity in the world economy. It draws on the 'new economic geography' literature to argue the importance of increasing returns to scale and cumulative causation processes in shaping the productivity and comparative advantage of different regions. In the presence of such increasing returns there may be persistent spatial disparities in productivity. Economic development will tend to be 'lumpy', with some regions (countries, or smaller areas such as cities) experiencing rapid growth and others being left behind.

Item Type: Monograph (Discussion Paper)
Official URL:
Additional Information: © 2006 Anthony J. Venables
Divisions: Centre for Economic Performance
Subjects: H Social Sciences > HF Commerce
JEL classification: R - Urban, Rural, and Regional Economics > R1 - General Regional Economics
F - International Economics > F1 - Trade
Sets: Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Date Deposited: 21 Jul 2008 15:07
Last Modified: 26 Apr 2021 11:54

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