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Item Details
| Title:
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COMPLEXITY AND GEOGRAPHICAL ECONOMICS
TOPICS AND TOOLS |
| By: |
Pasquale Commendatore (Editor), Ingrid Kubin (Editor) |
| Format: |
Paperback |
| List price:
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£117.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
3319379836 |
| ISBN 13: |
9783319379838 |
| Publisher: |
SPRINGER INTERNATIONAL PUBLISHING AG |
| Pub. date: |
6 October, 2016 |
| Edition: |
Softcover reprint of the original 1st ed. 2015 |
| Series: |
Dynamic Modeling and Econometrics in Economics and Finance 19 |
| Pages: |
391 |
| Synopsis: |
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. |
| Illustrations: |
50 black & white illustrations, biography |
| Publication: |
Switzerland |
| Imprint: |
Springer International Publishing AG |
| Returns: |
Returnable |
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