Meso · Groups & Organizations Stub 1991

Knowledge Spillovers and Agglomeration Economies

지식 파급효과와 집적경제

A foundational New Economic Geography theory explaining that geographical clustering of specialized firms and workers generates increasing returns to scale through localized knowledge spillovers and labor market pooling.

Field Economics · Geography
Level of analysis Meso · Groups & Organizations
Paradigm Evolutionary Approach Rational Choice
Key figures 👤 Paul Krugman (폴 크루그먼)
Year 1991

Key Claims

Paul Krugman formalized New Economic Geography (NEG), showing that transport costs, scale economies, and Marshallian localized knowledge spillovers create self-reinforcing centripetal forces, locking in core-periphery spatial agglomerations and regional innovation clusters.

Further Reading

  • Krugman, P. (1991). Geography and Trade. MIT Press.
  • Krugman, P. (1991). Increasing returns and economic geography. Journal of Political Economy, 99(3), 483–499.

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