The Economy as a Complex Spatial System: Macro, Meso and Micro Perspectives
Pasquale Commendatore (editor)
The Economy as a Complex Spatial System: Macro, Meso and Micro Perspectives

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.

1. The Macro Perspective – Economic Geography
Policy Issues in NEG Models: Established Results and Open Questions
Emerging Trade Patterns in a 3-Region Linear NEG Model: Three Examples
Advances in Spatial Econometrics: Parametric vs. Semiparametric Spatial Autoregressive Models
Looking Ahead: Part I
2. The Meso Perspective – Financial Markets
Systemic Risk and Macroeconomic Fat Tails
Market Interactions, Endogenous Dynamics and Stabilization Policies
Looking Ahead: Part II
3. The Micro Perspective – Social and Industrial Interactions
A Dynamic Model of Firms’ Strategic Location Choice
Strategic Corporate Social Responsibility by a Local Firm Against a Multinational Enterprise
Knowledge Spillovers, Congestion Effects, and Long-Run Location Patterns
Looking Ahead: Part III
The book hasn't received reviews yet.