Blog

29 March 2012

Title: Methodological Challenges in Local Development Analysis: Lessons from 20 years of EU research.

Newcastle upon Tyne, UK

Paul Krugman Noble Prize Economics 2008

Implications for the future of social science.

 

Paul Krugman, Professor of Economics and International Affairs at Princeton University, will receive the Noble Prize economics 2008, for his scientific work in international and geographical economics. In his models he examines the relationships between international (interregional) trade, endogenous growth dynamics and urban agglomeration. Through the combined analysis of trade and investment flows as well as endogenous economic development factors, he explains the uneven growth of cities and regions. Krugman's own contribution to geographical economics , thus, rests on his original synthesis, using formal modelling of the forces of unequal growth and agglomeration in space.

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