Commendatore, Pasquale ORCID: https://orcid.org/0000-0003-2938-168X and Hammer, Christoph and Kubin, Ingrid and Petraglia, Carmelo
(2017)
Policy Issues in NEG Models: Established Results and Open Questions.
In:
The Economy as a Complex Spatial System.
Springer, Cham.
pp. 13-37.
ISBN 978-3-319-65627-4
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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.
Item Type: | Book Section |
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Keywords: | New economic geography, Agglomeration Economic, integration Tax competition, Government expenditure, Trade agreements |
Divisions: | Departments > Sozioƶkonomie > Sozialpolitik > AuĆenwirtschaft |
Version of the Document: | Published |
Variance from Published Version: | None |
Depositing User: | Mohammad Al Hessan |
Date Deposited: | 22 Jan 2018 12:14 |
Last Modified: | 07 May 2021 16:01 |
Related URLs: | |
URI: | https://epub.wu.ac.at/id/eprint/5990 |
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