Spatial Microeconomics

Spatial Microeconomics
Author: Melvin L. Greenhut
Publisher: Edward Elgar Publishing
Total Pages: 616
Release: 1995
Genre: Business & Economics
ISBN:

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These volumes extend classical location theory from its least cost approach to a maximum profit framework and revitalize neoclassical microeconomics by adding a spatial dimension.

Spatial Microeconomics

Spatial Microeconomics
Author:
Publisher:
Total Pages: 570
Release: 1995
Genre:
ISBN:

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Spatial Microeconometrics

Spatial Microeconometrics
Author: Giuseppe Arbia
Publisher: Routledge
Total Pages: 251
Release: 2021-03-25
Genre: Business & Economics
ISBN: 1317563484

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Spatial Microeconometrics introduces the reader to the basic concepts of spatial statistics, spatial econometrics and the spatial behavior of economic agents at the microeconomic level. Incorporating useful examples and presenting real data and datasets on real firms, the book takes the reader through the key topics in a systematic way. The book outlines the specificities of data that represent a set of interacting individuals with respect to traditional econometrics that treat their locational choices as exogenous and their economic behavior as independent. In particular, the authors address the consequences of neglecting such important sources of information on statistical inference and how to improve the model predictive performances. The book presents the theory, clarifies the concepts and instructs the readers on how to perform their own analyses, describing in detail the codes which are necessary when using the statistical language R. The book is written by leading figures in the field and is completely up to date with the very latest research. It will be invaluable for graduate students and researchers in economic geography, regional science, spatial econometrics, spatial statistics and urban economics.

Spatial Economic Behaviour

Spatial Economic Behaviour
Author: R.W. Vickerman
Publisher: Springer
Total Pages: 197
Release: 1980-06-18
Genre: Business & Economics
ISBN: 1349043842

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Spatial Search

Spatial Search
Author: Gunther Maier
Publisher: Springer Science & Business Media
Total Pages: 259
Release: 2012-12-06
Genre: Business & Economics
ISBN: 3642493467

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Two areas have fascinated me for a long time. One is the micro economic theory of consumer behavior, the other one the role of space in economic processes. Usually, the two don't go together very well. In more advanced versions of microeconomic consumer theory its economic actor may face uncertainty, have to allocate resources over time, or have to take into ac count the characteristics of products, but rarely deals with space. He/she inhabits a spaceless point economy. Regional Science, on the other hand, describes and analyzes the spatial structure and development of the econ omy, but either ignores individual decision making altogether or treats it in a rather simplistic way. In this book I try to bring together these two areas of interest of mine. I do this by use of the microeconomic concept of search and placing it in an explicit spatial context. The result, in my opinion, is a theoretical concept with fascinating implications, a broad set of potential implications, and numerous interesting research questions. After reading this book, where I layout the basic idea of spatial search, describe its elements, and discuss some of its implications, I hope the reader will share this opinion. There are still plenty of unanswered research questions in this part of economic theory. Hopefully, this book will stimulate more work along these lines.

The Economy as a Complex Spatial System

The Economy as a Complex Spatial System
Author: Pasquale Commendatore
Publisher: Springer
Total Pages: 227
Release: 2017-09-18
Genre: Science
ISBN: 3319656279

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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 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.

Spatial Price Theory of Imperfect Competition

Spatial Price Theory of Imperfect Competition
Author: Hiroshi Ohta
Publisher: Texas A&M University Press
Total Pages: 274
Release: 1988
Genre: Business & Economics
ISBN:

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Economic space is the distance that separates economic agents such as manufacturers and consumers. Distance naturally imposes costs on the economic agents, but it has long been a neglected element in orthodox economic theory, one thought to complicate the issue unnecessarily. However, the theoretical implications of assuming away spatial elements may be especially significant for pricing practices and hence for competition. This volume shows why and in what ways the concept of economic space is vital and thus needed to reform orthodox price theory. It negates the classical paradigm of perfect competition and calls for a spatial price theory of imperfect competition. Among Hiroshi Ohta's findings in spatial microeconomic theory are that unlimited entry of new firms into the market may not lower consumer prices and that increased labor productivity in a spatial economy may actually lower real wages. Researchers and students of economic geography and regional science and economics will find the author's careful analysis, equations, and illustrations valuable in understanding a decade of advances in spatial price theory and in exploring new theories of competition.

Economics of Agglomeration

Economics of Agglomeration
Author: Masahisa Fujita
Publisher: Cambridge University Press
Total Pages: 543
Release: 2013-07-31
Genre: Business & Economics
ISBN: 1107001412

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This second edition studies the economic reasons for the existence of a variety of agglomerations arising from the global to the local.