The New Introduction to Geographical Economics

Brakman, Steven; Garretsen, J.H.; Marrewijk, Charles van

doi:10.1017/cbo9780511818745

Cited by 172 publications

(128 citation statements)

References 304 publications

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“…41 As well as the synthetic control method, they also used an event study of the stock prices of firms significantly exposed to the Basque Country, to show that these stock prices outperformed when the 1998-99 ceasefire became credible, and underperformed at the end of the ceasefire. Brakman et al (2009). Their review concludes that some shocks had permanent effects, consistent with models of agglomeration in which there are multiple equilibria and path dependence.…”

Section: Conflictmentioning

confidence: 69%

Regional Growth and Regional Decline

Breinlich

Ottaviano

Temple

2014

Handbook of Economic Growth

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Since the early 1990s, there has been a renaissance in the study of regional growth, spurred by new models, methods and data. We survey a range of modelling traditions, and some formal approaches to the 'hard problem' of regional economics, namely the joint consideration of agglomeration and growth. We also review empirical methods and findings based on natural experiments, spatial discontinuity designs, and structural models. Throughout, we give considerable attention to regional growth in developing countries. Finally, we highlight the potential importance of processes that are specific to regional decline, and which deserve greater research attention.

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Section: Conflictmentioning

confidence: 69%

Regional Growth and Regional Decline

Breinlich

Ottaviano

Temple

2014

Handbook of Economic Growth

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“…Assuming that competition is strong enough that there are no gains from oligopoly (Brakman et al 2009 pp.100), stock clearance is still Landlords' revenue-maximising choice.…”

Section: Landlordsmentioning

confidence: 99%

“…So while space and geography have been part of the ABM story from the start, other fields like geographical economics (Brakman et al 2009) have had traditional spatial economic questions mostly to themselves. None of this is to question the power of emergence.…”

Section: Introductionmentioning

confidence: 99%

An agent model of urban economics: Digging into emergence

Olner

Evans

Heppenstall

2015

Computers, Environment and Urban Systems

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This paper presents an agent-based 'monocentric' model: assuming only a fixed location for firms, outcomes closely parallel those found in classical urban economic models, but emerge through 'bottom-up' interaction in an agent-based model. Agents make buying and movement decisions based on a set of simple costs they face from their current location. These spatial costs are reduced to two types: the costs of moving people and goods across geographical distances and the costs (and benefits) of 'being here' (the effects of being at a particular location such as land costs, amenities or disamenities). Two approaches to land cost are compared: landlords and a 'density cost' proxy. Emergent equilibrium outcomes are found to depend on the interaction of externalities and time. These findings are produced by looking at how agents react to changing four types of cost, two spatial and two non-spatial: commuting, wage, good cost and good delivery. The models explore equilibrium outcomes, the effect of changing costs and the impact of heterogeneous agents, before focusing in on one example to find the source of emergence in the externalities of agent choice. The paper finishes by emphasising the importance of thinking about emergence as a tool, not an end in itself.

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“…For an overview of the theory underlying this model see Bröcker (2002). 11 Given that the basic structure of NEG models is now very well-known (see, for example, the detailed textbook overviews provided by Fujita et al, 1999, andBrakman et al, 2009), we do not provide a detailed technical overview of our model in this section.…”

Section: The Model 11mentioning

confidence: 99%