Policy Issues in NEG Models: Estabilshed Results and Open Questions

Pasquale Commendatore, Christoph Hammer, Ingrid Kubin, Carmelo Petraglia

Publication: Chapter in book/Conference proceedingChapter in edited volume

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Abstract

This paper provides a non-technical overview of NEG models dealing with policy issues. Considered policy measures include alternative categories of public expenditure, international tax competition, unilateral actions of protection/liberalisation, and trade agreements. The implications of public intervention in two-region NEG models are discussed by unfolding the impact of policy measures on agglomeration/dispersion forces. Results are described in contrast with those obtained in standard non-NEG theoretical models. The high degree of abstraction limits the applicability of NEG models to real world policy issues. We discuss in some detail two extensions of NEG models to reduce this applicability gap: the cases of multi-regional frameworks and firm heterogeneity.
Original languageEnglish
Title of host publicationThe Economy as a Complex Spatial System
Editors Pasquale Commendatore, Ingrid Kubin, Spiros Bougheas, Alan Kirman, Michael Kopel, Gian Italo Bischi
Place of PublicationCham, Switzerland
PublisherSpringer
Pages13 - 37
ISBN (Print)978-3-319-65626-7
DOIs
Publication statusPublished - 2018

Publication series

NameSpringer Proceedings in Complexity (SPCOM)
ISSN (Print)2213-8692
ISSN (Electronic)2213-8684

Austrian Classification of Fields of Science and Technology (ÖFOS)

  • 507026 Economic geography
  • 502047 Economic theory
  • 507016 Regional economy
  • Introduction

    Commendatore, P., Kubin, I., Bougheas, S., Kirman, A., Kopel, M. & Bischi, G. I., 2018, The Economy as a Complex Spatial System. Commendatore, P., Kubin, I., Bougheas, S., Kirman, A., Kopel, M. & Bischi, G. (eds.). Cham: Springer International Publishing AG, p. 1-10

    Publication: Chapter in book/Conference proceedingChapter in edited volume

    Open Access
    File
    4 Downloads (Pure)

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