Produktnummer:
1889aec5324d6d4350a1b6955cf753c548
| Themengebiete: | Complexity Geographical Economics Network Analysis Nonlinear Dynamics Spatial Econometrics |
|---|---|
| Veröffentlichungsdatum: | 06.10.2016 |
| EAN: | 9783319379838 |
| Sprache: | Englisch |
| Seitenzahl: | 377 |
| Produktart: | Kartoniert / Broschiert |
| Herausgeber: | Commendatore, Pasquale Kayam, Saime Kubin, Ingrid |
| Verlag: | Springer International Publishing |
| Untertitel: | Topics and Tools |
Produktinformationen "Complexity and Geographical Economics"
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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