Details

Autor(en) / Beteiligte

• Bruna, Fernando

Titel

Market potential: the measurement of domestic market size

Ist Teil von

• Letters in spatial and resource sciences, 2024-12, Vol.17 (1), p.13

Ort / Verlag

Berlin/Heidelberg: Springer Berlin Heidelberg

Erscheinungsjahr

2024

Link zum Volltext

Quelle

Alma/SFX Local Collection

Beschreibungen/Notizen

• Influenced by the concept of the strength of a force in physics, access to markets has since the 1940s been evaluated by indicators of ‘potential’, measured as a sum of a distance-weighted of population or market size of foreign or external territories. Later development of the New Economic Geography (NEG) by Paul Krugman did not solve the problem of calculating internal market size in a way that can be used to add it to calculations for external market potential. This paper analyzes the consequences of geometrical justifications in measuring internal market potential. For a sample of European regions, the paper concludes that the literature should be more explicit about historical processes of agglomeration and methods of calculating internal market size.