Policy Issues in NEG Models: Established Results and Open Questions

Commendatore, Pasquale 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
Keywords: New economic geography, Agglomeration Economic, integration Tax competition, Government expenditure, Trade agreements
Divisions: Departments > Sozioƶkonomie > Sozialpolitik > AuƟenwirtschaft
Version of the Document: Published
Variance from Published Version: None
Depositing User: Mohammad Al Hessan
Date Deposited: 22 Jan 2018 12:14
Last Modified: 01 Aug 2020 19:01
Related URLs:
URI: https://epub.wu.ac.at/id/eprint/5990

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