Complexity and Geographical Economics: Topics and Tools: 19 (Dynamic Modeling and Econometrics in Economics and Finance, 19) - Tapa dura

Libro 12 de 20: Dynamic Modeling and Econometrics in Economics and Finance
 
9783319128047: Complexity and Geographical Economics: Topics and Tools: 19 (Dynamic Modeling and Econometrics in Economics and Finance, 19)

Sinopsis

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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De la contraportada

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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Otras ediciones populares con el mismo título

9783319379838: Complexity and Geographical Economics: Topics and Tools: 19 (Dynamic Modeling and Econometrics in Economics and Finance)

Edición Destacada

ISBN 10:  3319379836 ISBN 13:  9783319379838
Editorial: Springer, 2016
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