08240nam 22009615 450 991023124690332120251230065101.09783319656274331965627910.1007/978-3-319-65627-4(CKB)4100000000587554(DE-He213)978-3-319-65627-4(MiAaPQ)EBC5588885(Au-PeEL)EBL5588885(OCoLC)1066184623(oapen)https://directory.doabooks.org/handle/20.500.12854/45760(PPN)204535204(ScCtBLL)6991c9b1-a311-4c96-82fc-00edc6e8939b(OCoLC)1163838578(ODN)ODN0010074011(oapen)doab45760(oapen)doab29068(EXLCZ)99410000000058755420170918d2018 u| 0engurnn#008mamaatxtrdacontentcrdamediacrrdacarrierThe Economy as a Complex Spatial System Macro, Meso and Micro Perspectives /edited by Pasquale Commendatore, Ingrid Kubin, Spiros Bougheas, Alan Kirman, Michael Kopel, Gian Italo Bischi1st ed. 2018.Cham :Springer International Publishing :Imprint: Springer,2018.1 online resource (XII, 220 p. 35 illus.)Springer Proceedings in Complexity,2213-86929783319656267 3319656260 Intro -- About COST -- Acknowledgement -- Contents -- Contributors -- Introduction -- 1 The COST Action IS1104 ``The EU in the New Complex Geography of Economic Systems: Models, Tools and Policy Evaluation'' -- 2 The Macro Perspective - Economic Geography -- 3 The Meso Perspective - Financial Markets -- 4 The Micro Perspective - Strategic Decisions and Interactions -- References -- The Macro Perspective - Economic Geography -- Policy Issues in NEG Models: Established Results and Open Questions -- Abstract -- 1 Policy Issues in NEG Models: A General Discussion -- 1.1 NEG Models in a Nutshell -- 1.2 Policy in NEG Models: Fundamental Questions and the Applicability Gap -- 2 Public Spending: Productivity and Demand Effects -- 3 Tax Competition and Agglomeration -- 4 Trade: Unilateral Protectionism and Trade Agreements -- References -- Emerging Trade Patterns in a 3-Region Linear NEG Model: Three Examples -- 1 Introduction -- 2 The Model -- 2.1 Basic Set-Up -- 2.2 Production -- 2.3 Utility -- 2.4 Trade Costs -- 3 Short-Run Equilibrium -- 3.1 Short-Run Solutions -- 4 Definition of the Basic Dynamic Equations -- 5 Long-Run Equilibria Properties in Model 1 -- 6 Long-Run Equilibria Properties in Model 2 -- 7 Long-Run Equilibria Properties in Model 3 -- 8 Final Remarks -- References -- Advances in Spatial Econometrics: Parametric vs. Semiparametric Spatial Autoregressive Models -- 1 Introduction and Motivation -- 2 Parametric Spatial Autoregressive Models -- 2.1 Modeling Spatial Interaction Effects: Spatial Autoregressive Models for Cross-Sectional Data -- 2.2 Modeling Spatial Spillovers and Unobserved Spatial Heterogeneity: Spatial Autoregressive Models for Panel Data -- 2.3 Modeling Spatial Dependence, Spatial Heterogeneity and Common Factors: Spatial Autoregressive Models for Large Panel Data -- 3 Semiparametric Spatial Autoregressive Models.3.1 Modeling Spatial Heterogeneity and Spatial Dependence: MGWR-SAR -- 3.2 Modeling Spatial Dependence, Spatial Heterogeneity and Nonlinearities: P-Spline Models for Cross-Sectional Data and Short Panels -- 3.3 Modeling Spatial Spillovers, Spatial Heterogeneity, Nonlinearities and Time-Related Factors: Spatio-Temporal Semiparametric Autoregressive Models for Large Panel Data -- 4 Software -- 5 Conclusions -- References -- Looking Ahead: Part I -- Abstract -- 1 Introduction -- 2 Summary of the Research Conducted Within the Action -- 3 Main Results and Open Questions -- 3.1 Main Results -- 3.2 Open Questions -- 4 Suggested Topics for Future Research -- The Meso Perspective - Financial Markets -- Systemic Risk and Macroeconomic Fat Tails -- 1 Introduction -- 2 The Model Without Fire Sales -- 3 Results Without Fire Sales -- 4 The Model with Fire Sales -- 5 Results with Fire Sales -- 6 Conclusion -- A Appendix: Numerical Example -- References -- Market Interactions, Endogenous Dynamics and Stabilization Policies -- Abstract -- 1 Introduction and Outline -- 2 Market Interactions -- 3 Stabilization Policies -- 3.1 Optimal Trade Barriers -- 3.2 Profit Taxes -- 4 Conclusions and Outlook -- References -- Looking Ahead: Part II -- 1 Future Challenges -- References -- The Micro Perspective - Social and Industrial Interactions -- A Dynamic Model of Firms' Strategic Location Choice -- 1 Introduction -- 2 The Model -- 3 Markov Perfect Equilibria -- 4 Economic Analysis -- 5 Concluding Remarks -- References -- Strategic Corporate Social Responsibility by a Local Firm Against a Multinational Enterprise -- 1 Introduction -- 2 The Model -- 3 The Multinational Firm's Modes of Entry -- 4 Comparing FDI and Exports -- 5 Conclusion -- References -- Knowledge Spillovers, Congestion Effects, and Long-Run Location Patterns -- 1 Introduction -- 2 The Model.3 Equilibrium Location Patterns: Local Stability and Efficiency -- 4 Location Patterns: The Role of Knowledge Spillovers and Congestion Costs -- 5 Conclusions -- References -- Looking Ahead: Part III -- 1 Conclusions and Future Challenges -- References.This book is open access under a CC BY-NC 4.0 license. This collected volume represents the final outcome of the COST Action IS1104 “The EU in the new complex geography of economic systems: models, tools and policy evaluation”. Visualizing the EU as a complex and multi-layered network, the book is organized in three parts, each of them dealing with a different level of analysis: At the macro-level, Part I considers the interactions within large economic systems (regions or countries) involving trade, workers migration, and other factor movements. At the meso-level, Part II discusses interactions within specific but wide-ranging markets, with a focus on financial markets and banking systems. Lastly, at the micro-level, Part III explores the decision-making of single firms, especially in the context of location decisions.Springer Proceedings in Complexity,2213-8692System theoryRegional economicsSpatial economicsMacroeconomicsIndustrial organizationEuropeEconomic integrationEconometricsComplex SystemsRegional and Spatial EconomicsMacroeconomics and Monetary EconomicsIndustrial OrganizationEuropean Economic IntegrationQuantitative EconomicsSystem theory.Regional economics.Spatial economics.Macroeconomics.Industrial organization.EuropeEconomic integration.Econometrics.Complex Systems.Regional and Spatial Economics.Macroeconomics and Monetary Economics.Industrial Organization.European Economic Integration.Quantitative Economics.621BUS039000BUS067000BUS069020BUS069030BUS082000SCI064000bisacshPasquale Commendatoreauth1355474Commendatore Pasqualeedthttp://id.loc.gov/vocabulary/relators/edtKubin Ingridedthttp://id.loc.gov/vocabulary/relators/edtBougheas Spirosedthttp://id.loc.gov/vocabulary/relators/edtKirman Alanedthttp://id.loc.gov/vocabulary/relators/edtKopel Michaeledthttp://id.loc.gov/vocabulary/relators/edtBischi Gian Italoedthttp://id.loc.gov/vocabulary/relators/edtMiAaPQMiAaPQMiAaPQBOOK9910231246903321The Economy as a Complex Spatial System3359575UNINA