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Geographical Macro and Regional Impact Modeling

  • Attila VargaEmail author
Chapter
Part of the Advances in Spatial Science book series (ADVSPATIAL)

Abstract

The geographic macro and regional modeling (GMR) framework has been established and continuously improved to better support regional development policy decisions by ex-ante and ex-post scenario analyses. Knowledge-based development oriented policy instruments (R&D subsidies, promotion of knowledge networks, human capital development, entrepreneurship policies or instruments promoting more intensive public-private collaborations in innovation) are in the focus of the GMR-approach. An important feature of this approach is that it incorporates geographic effects (e.g., agglomeration, interregional trade, migration) while both macro (national) and regional impacts of policies are simulated. In this book chapter I provide a concise description of the GMR policy impact analysis method while it will also be related to current theoretical investigations in regional economics as well as to alternative economic impact modeling practices.

Keywords

Computable General Equilibrium Policy Impact Dynamic Stochastic General Equilibrium Dynamic Stochastic General Equilibrium Modeling Interregional Migration 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer International Publishing AG 2017

Authors and Affiliations

  1. 1.Faculty of Business and EconomicsUniversity of PécsPécsHungary

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