“If there is one single area of economics in which path dependence is unmistakable, it is in economic geography – the location of production in space.”

— Paul Krugman

"History and Industry Location: The Case of the Manufacturing Belt", The American Economic Review, Vol. 81, No. 2, (May, 1991)

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American economist 1953

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“If there is one single area of economics in which path dependence is unmistakable, it is in economic geography – the location of production in space.”

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