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ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
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http://hdl.handle.net/10419/26573
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| Title: | | Trade and geography: Paul Krugman and the 2008 nobel prize in economics  |
| Authors: | | Brakman, Steven Garretsen, Harry |
| Issue Date: | | 2009 |
| Series/Report no.: | | CESifo working paper 2528 |
| Abstract: | | The 2008 Nobel prize for economics was awarded to Paul Krugman for three papers -Krugman (1979, 1980, 1991). In this paper we illustrate that, indeed, these three papers are closely connected. We present - a summary of - the papers using a unified framework. Central in the discussion is the so-called home market effect that was already alluded to in Krugman (1979). We evaluate his work and conclude that these three papers changed and improved the way economists think about trade and geography. |
| JEL: | | F1 N7 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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