Does Economic Space Matter? pp 38-68 | Cite as
Of Shoes and Ships and Shredded Wheat, Of Cabbages and Cars: The Contemporary Relevance of Location Theory
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Abstract
Spatial economics has as its remit the study of the use of a finite resource — space. It takes explicit account of the twin facts that economic activities both consume space and are separated by distance. Two principal sets of questions are addressed: how economic agents of various types choose their locations in a spatially extensive economy, and how the market areas of these agents are determined.
Keywords
Foreign Direct Investment Transport Cost Location Theory Market Area Breakfast Cereal
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© Hiroshi Ohta and Jacques-François Thisse 1993