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First Nature, Second Nature, and Metropolitan Location / Paul R. Krugman.
- Format:
- Book
- Author/Creator:
- Krugman, Paul R.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w3740.
- NBER working paper series no. w3740
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1991.
- Summary:
- This paper develops models of spatial equilibrium in which a central metropolis emerges to supply manufactured goods to an agricultural hinterland. The location of the metropolis is not fully determined by the location of resources: as long as it is not too far from the geographical center of the region, the concentration of economic mass at the metropolis makes it the optimal location for manufacturing firms, and is thus self-justifying. The approach in this paper therefore helps explain the role of historical accident and self-fulfilling expectations in metropolitan location.
- Notes:
- Print version record
- June 1991.
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