Showing 1 - 10 of 12
different frequency and severity and we study their complex interplay with agglomeration patterns and the performance of the … overall economy. We find that when shocks are mild or infrequent, they negatively affect the economic performance of the two …
Persistent link: https://www.econbiz.de/10012695125
This paper presents a novel agent-based model of land use and technological change in the agricultural sector under environmental boundaries, finite available resources and changing land productivity. In particular, we model a spatially explicit economy populated by boundedly-rational farmers...
Persistent link: https://www.econbiz.de/10012654900
Economic and population growth increasingly pressure the Earth system. Fertile soils are essential to ensure global food security, requiring high-yielding agro-technological regimes to cope with rising soil degradation and macro-nutrients deficiencies, which may be further exacerbated by climate...
Persistent link: https://www.econbiz.de/10014481168
This paper presents a novel agent-based model of land use and technological change in the agricultural sector under environmental boundaries, finite available resources and changing land productivity. In particular, we model a spatially explicit economy populated by boundedly-rational farmers...
Persistent link: https://www.econbiz.de/10013323751
We provide a survey of the micro and macro economics of climate change from a complexity science perspective and we discuss the challenges ahead for this line of research. We identify four areas of the literature where complex system models have already produced valuable insights: (i) coalition...
Persistent link: https://www.econbiz.de/10011509122
This paper studies an agent-based model that bridges Keynesian theories of demandgeneration and Schumpeterian theories of technology-fueled economic growth. We employ the model to investigate the properties of macroeconomic dynamics and the impact of public polices on supply, demand and the...
Persistent link: https://www.econbiz.de/10010328628
In this paper, we study the effects of industrial policies on international convergence using a multi-country agent-based model which builds upon Dosi et al. (2019b). The model features a group of microfounded economies, with evolving industries, populated by heterogeneous firms that compete in...
Persistent link: https://www.econbiz.de/10012214801
In this paper we present a multi-country, multi-industry agent-based model investigating the different growth patterns of interdependent economies. Each country features a Schumpeterian engine of endogenous technical change which interacts with Keyneasian/Kaldorian demand generation mechanisms....
Persistent link: https://www.econbiz.de/10011763040
This paper studies an agent-based model that bridges Keynesian theories of demandgeneration and Schumpeterian theories of technology-fueled economic growth. We employ the model to investigate the properties of macroeconomic dynamics and the impact of public polices on supply, demand and the...
Persistent link: https://www.econbiz.de/10008729578
In this paper we present a multi-country, multi-industry agent-based model investigating the different growth patterns of interdependent economies. Each country features a Schumpeterian engine of endogenous technical change which interacts with Keyneasian/Kaldorian demand generation mechanisms....
Persistent link: https://www.econbiz.de/10012941571