Complexity and Geographical Economics / Dynamic Modeling and Econometrics in Economics and Finance Bd.19 (PDF)
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(Sprache: Englisch)
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...
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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.¿
Bibliographische Angaben
- 2015, 2015, 377 Seiten, Englisch
- Herausgegeben: Pasquale Commendatore, Saime Kayam, Ingrid Kubin
- Verlag: Springer-Verlag GmbH
- ISBN-10: 3319128051
- ISBN-13: 9783319128054
- Erscheinungsdatum: 17.02.2015
Abhängig von Bildschirmgrösse und eingestellter Schriftgrösse kann die Seitenzahl auf Ihrem Lesegerät variieren.
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- Dateiformat: PDF
- Grösse: 5.70 MB
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Sprache:
Englisch
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