Agent-based Modeling of Spatial Processes in World Economy
Viktor Suslov1, Dmitriy Domozhirov1, Vitaliy Kostin1, Larisa Melnikova1, Naimdzhon Ibragimov2, Aleksandr Tsyplakov2
1Institute of Economics and Industrial Engineering, Siberian Branch of the Russian Academy of Sciences, Novosibirsk
2Novosibirsk National Research State University, Novosibirsk
Keywords: agent-based models, interaction of agents, economic space
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.
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