In a world of globalisation, it is tempting to foresee the 'death of distance' and, once the impediments to mobility have declined sufficiently, to wait for the predictions of the neo-classical theory of factor mobility to materialise. According to this theory, production factors respond to...

By its very nature, transport is linked to trade. Trade being one of the oldest human activities, the transport of commodities is, therefore, a fundamental ingredient of any society. People get involved in trade because they want to consume goods that are not produced within reach. The Silk Road...

Spatial economics aims to explain the location of economic activity. While the importance of the proximity to natural resources has declined considerably, distance and location have not disappeared from economic life. Recent work in spatial economics indicates that new forces, hitherto...