A Coevolutionary Approach to the Capitalist Space Economy

What happens to technologies, firms, regional outputs, interregional accessibility, and trade when they are understood as coevolving? This paper offers a relational mathematical approach to this question, one whose embrace of disequilibrium, context, history, uncertainty, both monetary and material perspectives on economic activity, and complexity resonates productively with many qualitative theoretical approaches. I present a multiregion, multisector, multifirm model of a society shaped by the pursuit of profit and explore some of its theoretical implications through the narration of simulations, including points of contrast with the approaches and implications of geographical economics. Under different conditions, various economic geographies emerge, including interregional divergence and convergence, specialisation and diversification, as well as the possibility of transitions between these dynamical paths. The relational quantitative method advanced here suggests directions for future research into the theoretical landscapes of economic geographies emerging beyond equilibrium.