Studying Economic Space: Synthesis of Balance and Game-Theoretic Methods of Modelling

• Main Author: Natalia Gennadyevna Zakharchenko
• Format: Article
• Language: Russian
• Published: Economic Research Institute of the Far East Branch of the Russian Academy of Sciences 2015-12-01
• Series: Prostranstvennaâ Èkonomika
• Subjects: economic space; spatial localization of economic agents; system effect; cooperative game; multiregional social accounting matrix; synthesis; economic zone; Russian Far East
• Online Access: http://spatial-economics.com/eng/images/spatial-econimics/4_2015/SE.2015.4.012-038.%20Zakharchenko.pdf

The article introduces questions about development of models used to study economic space. The author proposes the model that combines balance and game-theoretic methods for estimating system effects of economic agents’ interactions in multi-level economic space. The model is applied to research interactions between economic agents that are spatially heterogeneous within the Russian Far East. In the model the economic space of region is considered in a territorial dimension (the first level of decomposing space) and also in territorial and product dimensions (the second level of decomposing space). The paper shows the mechanism of system effects formation that exists in the economic space of region. The author estimates system effects, analyses the real allocation of these effects between economic agents and identifies three types of local industrial markets: with zero, positive and negative system effects