Complexity and Geographical Economics PDF ePub eBook

Books Info:

Complexity and Geographical Economics free pdf 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.

About Pasquale Commendatore

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Details Book

Author : Pasquale Commendatore
Publisher : Springer International Publishing AG
Data Published : 19 March 2015
ISBN : 3319128043
EAN : 9783319128047
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 377 pages
Age + : 15 years
Language : English
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