2008 Nobel Prize Economics Articles

Professor Paul Krugman


Paul Krugman is awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2007 was awarded to Paul Krugman (USA, 1953) ‘for his analysis of trade patterns and location of economic activity’. His theory, which became known as the ‘new economic geography’ answers the questions surrounding free trade, globalization and worldwide urbanization that affect today’s society so significantly. His approach results from his analysis of the relationships between economies of scale, differentiated products and the transport costs, and the effect of these upon urbanization. Paul Krugman is a Professor of Economics and International Affairs at Princeton University, New Jersey. He has also written columns for the New York Times, Fortune magazine and Slate.

Besides publishing much of his own work with Elsevier including contributing chapters to the Handbook of Industrial Organization, Vol. 2 and the Handbook of International Economics, Vol. 3, Paul Krugman is on the Editorial Board for the Japan and the World Economy journal.

In recognition of the importance of their work, we are pleased to make the laureate’s key articles published with Elsevier freely available:

Chapter 20 ‘Industrial organization and international trade’. In Richard Schmalensee and Robert Willig, Editor(s), Handbook of Industrial Organization, Vol. 2, Elsevier, 1989, Volume 2, Pages 1179-1223

Chapter 24 ‘Increasing returns, imperfect competition and the positive theory of international trade’. In: G.M. Grossman, K. Rogoff, Editor(s), Handbook of Environmental Economics, Elsevier, 1995, Volume 3, Pages 1243-1277.

Most Cited Articles Professor Krugman has published with Elsevier

Contractionary effects of devaluation <broken link to PDF - check>
Journal of International Economics,
Krugman, P., Taylor, L. (1978) Volume 8, Issue 3, pp. 445-456.

Increasing returns, monopolistic competition, and international trade
Journal of International Economics
Krugman, P.R. (1979) Volume 9, Issue 4, pp. 469-479.

Trade, accumulation, and uneven development
Journal of Development Economics
Krugman, P. (1981) Volume 8, Issue 2, pp. 149-161.

A 'reciprocal dumping' model of international trade
Journal of International Economics
Brander, J., Krugman, P. (1983) Volume 15, Issues 3-4, pp. 313-321.

The narrow moving band, the Dutch disease, and the competitive consequences of Mrs. Thatcher. Notes on trade in the presence of dynamic scale economies
Journal of Development Economics,
Krugman, P. (1987) Volume 27 Issues 1-2, pp. 41-55.

Financing vs. forgiving a debt overhang
Journal of Development Economics
Krugman, P. (1988) Volume 29, Issue 3, pp. 253-268.

Differences in income elasticities and trends in real exchange rates
European Economic Review
Krugman, P. (1989) Volume 33, Issue 5, pp. 1031-1046.

When is the economy monocentric?: Von Thunen and Chamberlin unified
Regional Science & Urban Economics
Fujita, M., Krugman, P. (1995) Volume 25, Issue 4, pp. 505-528.

Trade policy and the Third World metropolis
Journal of Development Economics
Krugman, P., Livas Elizondo, R. (1996) Volume 49, Issue 1, pp. 137-150.

Integration, specialization, and adjustment
European Economic Review
Krugman, P., Venables, A.J. (1996) Volume 40, Issues 3-5, pp. 959-967.

Technology, trade and factor prices
Journal of International Economics
Krugman, P.R. (2000) Volume 50, Issue 1, pp. 51-71.

Agglomeration, integration and tax harmonisation
European Economic Review
Baldwin, R.E., Krugman, P. (2004) Volume 48, Issue 1, pp. 1-23.