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Record Nr. |
UNINA9910298503703321 |
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Titolo |
Complexity and Geographical Economics : Topics and Tools / / edited by Pasquale Commendatore, Saime Kayam, Ingrid Kubin |
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Pubbl/distr/stampa |
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Cham : , : Springer International Publishing : , : Imprint : Springer, , 2015 |
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ISBN |
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Edizione |
[1st ed. 2015.] |
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Descrizione fisica |
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1 online resource (381 p.) |
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Collana |
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Dynamic Modeling and Econometrics in Economics and Finance, , 1566-0419 ; ; 19 |
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Disciplina |
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Soggetti |
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Regional economics |
Spatial economics |
Economic geography |
System theory |
Economic theory |
European Economic Community literature |
Game theory |
Regional/Spatial Science |
Economic Geography |
Complex Systems |
Economic Theory/Quantitative Economics/Mathematical Methods |
European Integration |
Game Theory, Economics, Social and Behav. Sciences |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Introduction -- Part A. Economic Geography Modelling -- Part B. Institutions and Markets -- Part C. Industrial Interactions. |
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Sommario/riassunto |
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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 |
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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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