Trade and Economic Geography: A Note on Krugman’s Contribution to Economic Theory

Publicado en

  • Lecturas de Economía


  • The purpose of this paper is to present the major contributions of Paul Krugman to economic theory. It shows the contribution and influence that articles of 1979 and 1991 have exerted on the renewal of trade theory and the emergence of new economic geography. In these articles, Krugman successfully explains intraindustry trade, trade among developed countries and agglomeration processes, all these phenomena of great importance that had not been satisfactorily explained from the point of view of standard neoclassical models. To do so, he uses a theoretical framework that incorporates monopolistic competition and increasing returns to scale.

fecha de publicación

  • 2008

Líneas de investigación

  • Competencia monopolista
  • Nueva geografía económica
  • Nueva teoría del comercio
  • Paul Krugman
  • Rendimientos crecientes

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