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Complexity and geographical economic...

Commendatore, Pasquale.

Complexity and geographical economicstopics and tools /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Complexity and geographical economicsedited by Pasquale Commendatore, Saime Kayam, Ingrid Kubin.
Reminder of title:	topics and tools /
other author:	Commendatore, Pasquale.
Published:	Cham :Springer International Publishing :2015.
Description:	xiv, 377 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
Subject:	Economic geographyEconometric models.
Online resource:	http://dx.doi.org/10.1007/978-3-319-12805-4
ISBN:	9783319128054 (electronic bk.)

Complexity and geographical economicstopics and tools /
Complexity and geographical economicstopics and tools /[electronic resource] :edited by Pasquale Commendatore, Saime Kayam, Ingrid Kubin. - Cham :Springer International Publishing :2015. - xiv, 377 p. :ill., digital ;24 cm. - Dynamic modeling and econometrics in economics and finance,v.191566-0419 ;. - Dynamic modeling and econometrics in economics and finance ;v.17..

Introduction -- Part A. Economic Geography Modelling -- Part B. Institutions and Markets -- Part C. Industrial Interactions.

The uneven geographical distribution of economic activities is a huge challenge worldwide and also for the European Union. In Krugman’s New Economic Geography economic systems have a simple spatial structure. This book shows that more sophisticated models should visualise the EU as an evolving trade network with a specific topology and different aggregation levels. At the highest level, economic geography models give a bird eye’s view of spatial dynamics. At a medium level, institutions shape the economy and the structure of (financial and labour) markets. At the lowest level, individual decisions interact with the economic, social and institutional environment; the focus is on firms' decision on location and innovation. Such multilevel models exhibit complex dynamic patterns - path dependence, cumulative causation, hysteresis - on a network structure; and specific analytic tools are necessary for studying strategic interaction, heterogeneity and nonlinearities.

ISBN: 9783319128054 (electronic bk.)

Standard No.: 10.1007/978-3-319-12805-4doiSubjects--Topical Terms:

713952
Economic geography
--Econometric models.

LC Class. No.: HF1025

Dewey Class. No.: 330.9

Complexity and geographical economicstopics and tools /
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245 0 0 $a Complexity and geographical economics $h [electronic resource] : $b topics and tools / $c edited by Pasquale Commendatore, Saime Kayam, Ingrid Kubin.
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505 0 $a Introduction -- Part A. Economic Geography Modelling -- Part B. Institutions and Markets -- Part C. Industrial Interactions.
520 $a The uneven geographical distribution of economic activities is a huge challenge worldwide and also for the European Union. In Krugman’s New Economic Geography economic systems have a simple spatial structure. This book shows that more sophisticated models should visualise the EU as an evolving trade network with a specific topology and different aggregation levels. At the highest level, economic geography models give a bird eye’s view of spatial dynamics. At a medium level, institutions shape the economy and the structure of (financial and labour) markets. At the lowest level, individual decisions interact with the economic, social and institutional environment; the focus is on firms' decision on location and innovation. Such multilevel models exhibit complex dynamic patterns - path dependence, cumulative causation, hysteresis - on a network structure; and specific analytic tools are necessary for studying strategic interaction, heterogeneity and nonlinearities.
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