{"product_id":"9783319128047","title":"Dynamic Modeling and Econometrics in Economics and Finance: Topics and Tools","description":"\u003ch1\u003eDynamic Modeling and Econometrics in Economics and Finance: Topics and Tools\u003c\/h1\u003e \u003ch2\u003eCommendatore, Pasquale; Kayam, Saime; Kubin, Ingrid\u003c\/h2\u003e \u003cp\u003eThe 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.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2015-03-19\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9783319128047\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-319-12805-4\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 377\u003c\/p\u003e ","brand":"Springer International Publishing","offers":[{"title":"Default Title","offer_id":47379809140876,"sku":"9783319128047","price":98.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783319128047.jpg?v=1775731336","url":"https:\/\/lateknightbooks.com\/products\/9783319128047","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}