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

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£89.99 £76.66 £79.57 £82.48 £85.38 £88.29 £91.20 23 July 2026 05 August 2026 19 August 2026 01 September 2026 15 September 2026
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Description

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.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
06 October 2016
Listed Since
29 September 2016

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