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Agent-based Modeling of Spatial Processes in World Economy

Author

Listed:
  • V.I. Suslov(suslov@ieie.nsc.ru)
  • D.A. Domozhirov (d.domozhirov@gmail.com)
  • V.S. Kostin(kostin@ieie.nsc.ru)
  • L.V. Melnikova (larisa.svet.victorovna@gmail.com)
  • N.M. Ibragimov(naimdjon@ieie.nsc.ru)
  • A.A. Tsyplakov (alexander.tsyplakov@gmail.com)

Abstract

The paper demonstrates some limitations of traditional spatial models in the representation of spatial dynamics of the modern economy. We substantiate the necessity of agent-based approach to spatial economic modeling. The pilot version of an agent-based multiregional input-output model for Russian economy is presented. Special attention is paid to the method of accounting spatial factor in the model. A conventional example illustrates trade mechanisms with the account of agents' transportation costs. The article states future prospects to develop the model

Suggested Citation

  • V.I. Suslov(suslov@ieie.nsc.ru) & D.A. Domozhirov (d.domozhirov@gmail.com) & V.S. Kostin(kostin@ieie.nsc.ru) & L.V. Melnikova (larisa.svet.victorovna@gmail.com) & N.M. Ibragimov(naimdjon@ieie.nsc.ru) , 2014. "Agent-based Modeling of Spatial Processes in World Economy," Journal "Region: Economics and Sociology", Institute of Economics and Industrial Engineering of Siberian Branch of RAS, vol. 4.
    • Handle: RePEc:nos:regioe:2014-4_2
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