Essay: Linking Keynesian Theory to Economic Geography

Authors

DOI:

https://doi.org/10.11594/ijmaber.04.09.01

Keywords:

Keynesian theory, economic geography, regional development, disparities, policy interventions

Abstract

This article examines the application of Keynesian theory in the field of economic geography, with a specific focus on regional development and the reduction of inequalities. The objective is to emphasize the importance and advantages of applying Keynesian principles to address spatial economic challenges. The novelty lies in examining the intersection of Keynesian economics and geography, which provides insights into regional planning, infrastructure development, and cluster formation. The results demonstrate how policymakers and researchers can utilize Keynesian theory to foster balanced growth and enhance living standards. The keywords for this article are Keynesian theory, economic geography, regional development, disparities, and policy interventions.

Downloads

Download data is not yet available.

Author Biography

  • Zuhriddin Juraev, Department of Geography, Chonnam National University, Gwangju 61186 Korea

    Department of Geography

    PhD student

References

Acemoglu, Daron, Simon Johnson, and James A. Robinson. (2012). The Colonial Origins of Comparative Development: An Em-pirical Investigation: Reply. American Economic Review, 102 (6): 3077-3110. DOI: 10.1257/aer.102.6.3077

Ahn, Y. J. (2012). Editor’s Preface: On the Pro-gress of Contemporary Korean Geogra-phy. Journal of the Korean Geo-graphical Society, 47(4), 471-473.

Ahn, Y., & Juraev, Z. (2023). Book Review: “Prisoners of Geography” by Tim Mar-shall. Preprints.org. https://doi.org/10.20944/preprints202307.0032.v1

Baics, G. (2016). The geography of urban food retail: Locational principles of public market provisioning in New York City, 1790–1860. Urban History, 43(3), 435-453. doi:10.1017/S0963926815000176

Glaeser, E. (2001). [Review of The Spatial Economy: Cities, Regions, and Interna-tional Trade, by M. Fujita, P. Krugman, & A. J. Venables]. Journal of Economics, 73(1), 111–113. http://www.jstor.org/stable/41794861

Glaeser, E. (2013). Triumph of the city: How our greatest invention makes us richer, smarter, greener, healthier, and happier. New York, NY: Penguin Books. doi, 10, 1726-3247.

Hall, P., Pain, K., & Green, N. (2012). Anatomy of the polycentric metropolis: eight mega-city regions in overview. In The Polycentric Metropolis (pp. 33-66). Routledge.

Hicks, J. R. (1936). Keynes’ Theory of Em-ployment, Interest and Money. The Eco-nomic Journal, 46(182), 238-253. https://doi.org/10.2307/2225227

Holmes, T. J. (2000). [Review of The Spatial Economy: Cities, Regions, and Interna-tional Trade, by M. Fujita, P. Krugman, & A. J. Venables]. Southern Economic Journal, 67(2), 491–493. https://doi.org/10.2307/1061487

Huggins, R. and Izushi, H. (2015), The Compet-itive Advantage of Nations: origins and journey, Competitiveness Review, Vol. 25 No. 5, pp. 458-470. https://doi.org/10.1108/CR-06-2015-0044

Jun-Woo, K., & Ahn, Y. J. (2011). Songdo Free Economic Zone in South Korea: a mega-project reflecting globalization?. 대한지리학회지, 46(5), 662-672.

Kleinheisterkamp-González, N. (2023). The case for an environmental labor geogra-phy: The role of organized labor in the climate crisis. Progress in Human Geog-raphy, 47(2), 317-332. https://doi.org/10.1177/03091325231154222

Krugman, P. (1998). What's new about the new economic geography?. Oxford review of economic policy, 14(2), 7-17.

Lee, I. H., Hong, E., & Sun, L. (2013). Regional knowledge production and entrepreneur-ial firm creation: Spatial Dynamic Anal-yses. Journal of Business Research, 66(10), 2106-2115 https://doi.org/10.1016/j.jbusres.2013.02.037

Martin, R. (2010). Roepke lecture in economic geography—rethinking regional path de-pendence: beyond lock-in to evo-lution. Economic geography, 86(1), 1-27. https://doi.org/10.1111/j.1944-8287.2009.01056.x

Sawicki, D. (2003). The Rise of the Creative Class: And How it's Transforming Work, Leisure, Community and Everyday Life. American Planning Association, Journal of the American Planning Associa-tion, 69(1), 90.

Warf, B. (2000). The Regional world: Territo-rial development in a global economy. Economic Geography, 76(1), 101.

Downloads

Published

2023-09-22

How to Cite

Ahn, Y.-J., & Juraev, Z. (2023). Essay: Linking Keynesian Theory to Economic Geography. International Journal of Multidisciplinary: Applied Business and Education Research, 4(9), 3071-3078. https://doi.org/10.11594/ijmaber.04.09.01