PRÍSPEVOK PAULA KRUGMANA K ROZVOJU EKONOMICKEJ VEDY

• Authors: Muchová Eva

Title variants

EN

Contribution of Paul Krugman to economic science development

• Languages of publication: SK

Abstracts

EN

Last year Paul Krugman was awarded the Nobel Memorial Prize in Economic Science for his analysis of trade patterns and location of economic activity. The paper deals with the significant elements of his scientific works, the basic assumptions incorporated in the models, particularly economy of scale and imperfect competition. The new approach to trade theory is introduced based on the explanation why intra-industry trade occurs between similar countries. The core-periphery model is considered as a starting point of the new economic geography with far-reaching consequences for further economic research. Other contributions to economic theory are mentioned such as the analysis of international monetary policy, the study of currency crises, target zone of exchange rates etc.

Keywords

EN

ECONOMIC GEOGRAPHY; ECONOMY OF SCALE; INTERNATIONAL TRADE; KRUGMAN PAUL; TARGET ZONE; TRADE THEORY

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2009
• Volume: 57
• Issue: 5
• Pages: 475-491
• Document type: ARTICLE

Contributors

author

Muchová Eva

• Ekonomická univerzita v Bratislave, Národohospodárska fakulta, Dolnozemská cesta 1, 852 35 Bratislava, Slovak Republic

• Eva Muchova, Ekonomicka univerzita, Narodohospodarska fakulta, Katedra ekonomickej teorie, Dolnozemska cesta 1, 852 35 Bratislava 5, Slovak Republic

Identifiers

CEJSH db identifier

09SKAAAA066411