Complexity and geographical economics : topics and tools

書誌事項

Complexity and geographical economics : topics and tools

Pasquale Commendatore, Saime Kayam, Ingrid Kubin, editors

(Dynamic modeling and econometrics in economics and finance / series editors, Stefan Mittnik, Willi Semmler, v. 19)

Springer, c2015

  • : hbk

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注記

Includes bibliographical references and index

内容説明・目次

内容説明

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.

目次

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

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