LEADER 08906 am 22009853u 450 001 9910231246903321 005 20230125225212.0 010 $a3-319-65627-9 024 7 $a10.1007/978-3-319-65627-4 035 $a(CKB)4100000000587554 035 $a(DE-He213)978-3-319-65627-4 035 $a(MiAaPQ)EBC5588885 035 $a(Au-PeEL)EBL5588885 035 $a(OCoLC)1066184623 035 $a(oapen)https://directory.doabooks.org/handle/20.500.12854/45760 035 $a(PPN)204535204 035 $a(EXLCZ)994100000000587554 100 $a20170918d2018 u| 0 101 0 $aeng 135 $aurnn#008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 14$aThe Economy as a Complex Spatial System$b[electronic resource] $eMacro, Meso and Micro Perspectives /$fedited by Pasquale Commendatore, Ingrid Kubin, Spiros Bougheas, Alan Kirman, Michael Kopel, Gian Italo Bischi 205 $a1st ed. 2018. 210 $cSpringer Nature$d2017 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2018. 215 $a1 online resource (XII, 220 p. 35 illus.) 225 1 $aSpringer Proceedings in Complexity,$x2213-8684 311 $a3-319-65626-0 327 $aIntro -- 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. 327 $a3.1 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. 327 $a3 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. 330 $aThis book is open access under a CC BY-NC 4.0 license. This collected volume represents the final outcome of the COST Action IS1104 ?The EU in the new complex geography of economic systems: models, tools and policy evaluation?. Visualizing the EU as a complex and multi-layered network, the book is organized in three parts, each of them dealing with a different level of analysis: At the macro-level, Part I considers the interactions within large economic systems (regions or countries) involving trade, workers migration, and other factor movements. At the meso-level, Part II discusses interactions within specific but wide-ranging markets, with a focus on financial markets and banking systems. Lastly, at the micro-level, Part III explores the decision-making of single firms, especially in the context of location decisions. 410 0$aSpringer Proceedings in Complexity,$x2213-8684 606 $aSociophysics 606 $aEconophysics 606 $aRegional economics 606 $aSpatial economics 606 $aMacroeconomics 606 $aIndustrial organization 606 $aEuropean Economic Community literature 606 $aEconomic theory 606 $aData-driven Science, Modeling and Theory Building$3https://scigraph.springernature.com/ontologies/product-market-codes/P33030 606 $aRegional/Spatial Science$3https://scigraph.springernature.com/ontologies/product-market-codes/W49000 606 $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000 606 $aIndustrial Organization$3https://scigraph.springernature.com/ontologies/product-market-codes/W31010 606 $aEuropean Integration$3https://scigraph.springernature.com/ontologies/product-market-codes/W33010 606 $aEconomic Theory/Quantitative Economics/Mathematical Methods$3https://scigraph.springernature.com/ontologies/product-market-codes/W29000 610 $aeconomic geography 610 $acomplex networks analysis 610 $aspatial econometrics 610 $aCOST Action IS1104 610 $asystemic risk 610 $aheterogeneous agents 610 $amultinational enterprises 615 0$aSociophysics. 615 0$aEconophysics. 615 0$aRegional economics. 615 0$aSpatial economics. 615 0$aMacroeconomics. 615 0$aIndustrial organization. 615 0$aEuropean Economic Community literature. 615 0$aEconomic theory. 615 14$aData-driven Science, Modeling and Theory Building. 615 24$aRegional/Spatial Science. 615 24$aMacroeconomics/Monetary Economics//Financial Economics. 615 24$aIndustrial Organization. 615 24$aEuropean Integration. 615 24$aEconomic Theory/Quantitative Economics/Mathematical Methods. 676 $a621 700 $aPasquale Commendatore$4auth$01355474 702 $aCommendatore$b Pasquale$4edt$4http://id.loc.gov/vocabulary/relators/edt 702 $aKubin$b Ingrid$4edt$4http://id.loc.gov/vocabulary/relators/edt 702 $aBougheas$b Spiros$4edt$4http://id.loc.gov/vocabulary/relators/edt 702 $aKirman$b Alan$4edt$4http://id.loc.gov/vocabulary/relators/edt 702 $aKopel$b Michael$4edt$4http://id.loc.gov/vocabulary/relators/edt 702 $aBischi$b Gian Italo$4edt$4http://id.loc.gov/vocabulary/relators/edt 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910231246903321 996 $aThe Economy as a Complex Spatial System$93359575 997 $aUNINA