TY  - GEN
N2  - The uneven geographical distribution of economic activities is a huge challenge worldwide and also for the European Union. In Krugmanℓ́ℓs 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 eyeℓ́ℓs 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 firmsℓ́ℓ decision on location and innovation. Such multilevel models exhibit complex dynamic patterns ℓ́ℓ path dependence, cumulative causation, hysteresis ℓ́ℓ on a network structure; and specific analytic tools are necessary for studying strategic interaction, heterogeneity and nonlinearities.
DO  - 10.1007/978-3-319-12805-4
DO  - doi
AB  - The uneven geographical distribution of economic activities is a huge challenge worldwide and also for the European Union. In Krugmanℓ́ℓs 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 eyeℓ́ℓs 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 firmsℓ́ℓ decision on location and innovation. Such multilevel models exhibit complex dynamic patterns ℓ́ℓ path dependence, cumulative causation, hysteresis ℓ́ℓ on a network structure; and specific analytic tools are necessary for studying strategic interaction, heterogeneity and nonlinearities.
T1  - Complexity and geographical economicstopics and tools /
AU  - Commendatore, Pasquale,
AU  - Kayam, Saime Suna,
AU  - Kubin, Ingrid,
VL  - volume 19
CN  - HF1025
ID  - 725703
KW  - Economic geography
KW  - Economic geography
SN  - 9783319128054
SN  - 3319128051
TI  - Complexity and geographical economicstopics and tools /
LK  - https://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-3-319-12805-4
UR  - https://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-3-319-12805-4
ER  -