Stylized facts and close dialogue: methodology in economic geography

Journal article

One difference between economists and geographers is the significance attached by the former to stylized facts and the very different significance attached by the latter to the diversity of economic life. The paper begins with this distinction and argues that Krugman's theory-enslaved stylized facts may impoverish theoretical innovation in economic geography just as the efficient-markets hypothesis has had severe consequences for research in finance. An alternative to theory-enslaved stylized...

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Authors: Clark, G

• Publisher: Routledge
• Journal: Annals of the Association of American Geographers
• Volume: 88
• Publication date: 1998-01-01
• DOI: 10.1111/1467-8306.00085
• ISSN: 0004-5608
• Language: English