The Economy as a Complex Spatial System : Macro, Meso and Micro Perspectives

The Economy as a Complex Spatial System Macro, Meso and Micro Perspectives

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 o...

Descripción completa

Detalles Bibliográficos
Otros Autores: Pasquale Commendatore (auth), Commendatore, Pasquale. editor (editor), Kubin, Ingrid. editor, Bougheas, Spiros. editor, Kirman, Alan. editor, Kopel, Michael. editor, Bischi, Gian Italo. editor
Formato: Libro electrónico
Idioma:Inglés
Publicado: Cham : Springer Nature 2017
2018.
Edición:1st ed. 2018.
Colección:Springer Proceedings in Complexity,
Materias:
Sociophysics.
Econophysics.
Regional economics.
Spatial economics.
Macroeconomics.
Industrial organization.
European Economic Community literature.
Economic theory.
Data-driven Science, Modeling and Theory Building.
Regional/Spatial Science.
Macroeconomics/Monetary Economics//Financial Economics.
Industrial Organization.
European Integration.
Economic Theory/Quantitative Economics/Mathematical Methods.
economic geography
complex networks analysis
spatial econometrics
COST Action IS1104
systemic risk
heterogeneous agents
multinational enterprises
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009425408006719
Tabla de Contenidos:
  • 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.

Ejemplares similares