COST ActionThe EU in the new complex geography of

economic systems: Models, tools and policy

evaluation

FINAL CONFERENCEMay 26-27, 2016, Heraklion, Crete, Greece

Hosted byUniversity of Crete, School of Social, Economic & Political Scienceswww.soc.uoc.gr

Institute of Applied and Computational MathematicsFoundation for Research and Technology – Hellaswww.iacm.forth.gr

Venue: Aquila Atlantis Hotel www.theatlantishotel.gr

COST is supported by the EU Framework Programme Horizon 2020

Welcome to the GeComplexity ConferenceThe GeComplexity Conference is organized under the COST Action “The EU in the new complex geography of economic systems: models, tools and policy evaluation” (www.gecomplexity-cost.eu).

The GeComplexity Conference aims to become an interface for presentations and discussions on the latest research in the fields:

i. Economic Geography modeling and multiregional New Economic Geography models.

ii. Institutions and markets, effects of economic policy instruments on regional inequalities, economic welfare and competitiveness.

iii. Social and industrial interactions, economic networks, spatial economic systems and individual location choices.

iv. Mathematical and computational methods and tools for the study of strategic interaction, heterogeneity, complexity and nonlinear dynamics.

CommitteesScientific CommitteeChair: Pasquale Commendatore (Professor of Economics, Università di Napoli 'Federico II', Dipartimento di Economia).MembersGian Italo Bischi, University of Urbino “Carlo Bo”, ItalySpiros Bougheas, University of Nottingham, UKLaura Gardini, University of Urbino “Carlo Bo”, ItalySayme Kayam, Istanbul Technical University, TurkeyAlan Kirman, Université d'Aix-Marseille, FranceMichael Kopel, University of Graz, AustriaIngrid Kubin, Vienna University of Economics and Business, AustriaConstantine Manasakis, University of Crete, GreeceTonu Puu, Umea University, SwedenLuis Miguel Varela Cabo, University of Santiago de Compostela, SpainFlorian Wagener, University of Amsterdam, The Netherlands

Local Organising CommitteeChair: Constantine Manasakis (Assistant Professor of Economics, Department of Political Science, University of Crete, and Collaborative Researcher, Institute of Applied & Computational Mathematics, Foundation for Research and Technology-Hellas).Members George Alexandrakis, Institute of Applied & Computational Mathematics, Foundation for Research and Technology-HellasNicholas Vasilopoulos, Department of Political Science, University of CreteMaria Almyraki, Department of Political Science, University of Crete

Venue & AccommodationThe GeComplexity Conference will take place at the Aquila Atlantis Hotel http://www.theatlantishotel.gr.The Aquila Atlantis hotel, ideally positioned in the heart of the city of Heraklion, combines uncompromising comfort and understated lavishness as well as a warm hospitality and cozy atmosphere, with unobstructed views of the historic harbor of the city.It is the perfect starting point to discover Heraklion and its many historic monuments, museums, attractions and some of the prettiest beaches in Greece.

Heraklion Crete, GreeceHeraklion is the capital of Crete and one of the Mediterranean’s most fascinating and vibrant cities. It is full of places to discover and it speaks as of a past full of history and great events that reflect its location in the south-eastern Mediterranean Sea connecting three continents and many different cultures.

The city is also the commercial, educational and technological centre of the island and offers a wealth of museums, historical sightseeing, amazing cuisine, as well as nightlife and events throughout the year.

For more information: http://www.heraklion.gr/en

We wish you an interesting, thoughtful and enjoyable GeComplexity Conference

With best regards,The GeComplexity Conference Scientific Committee & Local Organising Committee

Programme Overview

Day 1: Thursday May 26, 201608:15 – 09:00

Registration

09:00 – 09:30

Welcome by Professor Pasquale CommendatoreProfessor, Università di Napoli 'Federico II', Dipartimento di EconomiaChair of the COST Action IS1104 “The EU in the new economic complex geography: models, tools and policy evaluation”

Welcome by Professor Vassilios A. DougalisProfessor, Department of Mathematics, University of Athens; Director, Institute of Applied & Computational Mathematics, Foundation for Research and Technology – Hellas

09:30 – 10:15

Keynote Lecture 1

10:15 – 11:35

Contributed Session 1-A Contributed Session 1-B

11:35 – 12:15

Coffee Break

12:15 – 13:15

Contributed Session 2-A Contributed Session 2-B

13:15 – 14:45

Lunch break

14:45 – 15:45

Keynote Lecture 2

15:45 – 16:45

Contributed Session 3-A Contributed Session 3-B

16:45 – 17:15

Coffee Break

17:15 – 18:15

Contributed Session 4-A Contributed Session 4-B

20:00 Conference Dinner

Day 2: Friday May 27, 2016

09:15 – 10:00

Keynote Lecture 3

10:00 – 11:20

Contributed Session 5-A Contributed Session 5-B

11:20 – 11:50

Coffee Break

11:50 – 12:50

Contributed Session 6-A Contributed Session 6-B

12:50 – 14:15

Lunch break

14:15 – 15:00

Keynote Lecture 4

15:00 – 16:00

Contributed Session 7-A Contributed Session 7-B

16:00 – 16:30

Coffee Break

16:30 – 17:30

Keynote Lecture 5

17:30 – 18:00

Closing Remarks

Detailed Programme Day 1: Thursday May 26, 201609:30 – 10:15

Keynote Lecture 1Emerging Trade Patterns in a Three-Region Linear New Economic Geography ModelPasquale Commendatore (University of Naples ‘Federico II’ – Italy)Chair: Takatoshi Tabuchi (The University of Tokio – Japan)Room: Pasiphae I

10:15 – 11:35

Contributed Session 1-A: Spatial Econometrics IChair: Roberto Basile (Second University of Naples - Italy)Room: Pasiphae I

Export diversification and economic development: A dynamic spatial data analysisRoberto Basile (Second University of Naples - Italy); Aleksandra Parteka (Gdansk University of Technology - Poland); Rosanna Pittiglio (Second University of Naples - Italy)P-Spline and PS-SAR specifications to model spatio-temporal dataRoman Minguez (University of Castilla-La Mancha - Spain); Maria Luz Durban (Carlos III University - Spain); Roberto Basile (Second University of Naples - Italy)Local directional moran scatter plotDavide Fiaschi (Davide Fiaschi (Dipartimento di Economia e Management - Italy); Lisa Gianmoena (IMT Institute for Advanced Studies Lucca - Italy); Angela Parenti (IMT Institute for Advanced Studies Lucca - Italy)The location of the Italian manufacturing industry, 1871-1911: A sectoral analysisRoberto Basile (Second University of Naples - Italy); Carlo Ciccarelli (University of Rome "Tor Vergata" - Italy)

Contributed Session 1-B: Geography and Environmental IssuesChair: Francisco Cabo (Universidad de Valladolid - Spain)Room: Pasiphae II

The effects of fiscal reforms and tax competition on tax compliance and migrationFabio Lamantia (University of Calabria - Italy and University of Manchester - UK); Mario Pezzino (University of Manchester - UK)Supply side effects of pollution tax rate asymmetriesHarald Hinterecker (University of Graz - Austria); Michael Kopel (University of Graz - Austria)Evolutionary competition and profit taxes: market stability versus tax burdenNoemi Schmitt (University of Bamberg - Germany); Frank Westerhoff (University of Bamberg - Germany)Side effects of nonlinear profit taxes in an evolutionary market entry model: abrupt changes, coexisting attractors and hysteresis problemsNoemi Schmitt (University of Bamberg - Germany); Jan Tuinstra (University of Amsterdam and CeNDEF - The Netherlands); Frank Westerhoff (University of Bamberg - Germany)

11:35 – 12:15

Coffee Break

Day 1: Thursday May 26, 201612:15 – 13:15

Contributed Session 2-A: Working Group 1 Themes – NEG ModellingChair: Pascal Mossay (Newcastle University - UK)Room: Pasiphae I

Resource effects in the 'Core-Periphery' modelMaria Pilar Martinez-Garcia (University of Murcia - Spain); Jose Rodolfo Morales (University of Murcia - Spain)Complex transport effects on regional export patternsTheodore Tsekeris (Centre of Planning and Economic Research - Greece)On market integration with comparative advantage and increasing returns to scalePascal Mossay (Newcastle University - UK); Pasquale Commendatore (University of Naples ‘Federico II’ - Italy); Ingrid Kubin (Vienna University of Economics and Business - Austria)

Contributed Session 2-B: Innovation SystemsChair: Yaprak Gulcan (Dokuz Eylul University -Turkey)Room: Pasiphae II

Corporate governance and firm innovation capacityAlfredo Martinez Bobillo (University of Valladolid - Spain); Juan Antonio Rodriguez-Sanz (University of Valladolid - Spain); Fernando Tejerina-Gaite (University of Valladolid -Spain)A regional innovation network example: İzmir health technologies developer and accelerator projectYaprak Gulcan (Dokuz Eylul University -Turkey); Yesim Kustepeli (Dokuz Eylul University - Turkey); Sedef Akgungur (Dokuz Eylul University - Turkey)

13:15 – 14:45

Lunch Break

14:45 – 15:45

Keynote Lecture 2AI and the Future of Brain Power Society: When the Descendants of Athena and Prometheus Work TogetherMasahisa Fujita (Konan University and RIETI – Japan)Chair: Alan Kirman (Aix-Marseille Université – France)Room: Pasiphae I

Day 1: Thursday May 26, 201615:45 – 16:45

Contributed Session 3-A: Working Group 2 Themes – Labour and Financial MarketsChair: Name Alan Kirman (Aix-Marseille Université – France)Room: Pasiphae I

Gender-unique human capital and its labour market returnsMaryna Tverdostup (University of Tartu - Estonia); Tiiu Paas (University of Tartu - Estonia)Sex-segregation and gender pay gap in Europe: A cross-national studyJulijana Angelovska (University of Tourism and Management - fYR Macedonia); Petroula M. Mavrikiou (Frederick University - Cyprus )Post crisis effects on European stock market integrationJulijana Angelovska (University of Tourism and Management - fYR Macedonia)

Contributed Session 3-B: Multiregional ModellingChair: Luis Miguel Varela (University of Santiago de Compostela – Spain)Room: Pasiphae II

Distributed vs. concentrated R&D location choicesLuca Colombo (Universita Cattolica del Sacro Cuore - Italy); Herbert Dawid (Bielefeld University - Germany); Philipp Harting (Bielefeld University - Germany)Pollution control in a multiregional setting: A differential game with spatially distributed controlsJavier de Frutos (Universidad de Valladolid - Spain); Guiomar Martin-Herran (Universidad de Valladolid - Spain)A footloose entrepreneur model with a large number of regionsV. Gomez-Gonzalez (Universidade de Santiago de Compostela - Spain); Luis Miguel Varela (Universidade de Santiago de Compostela - Spain); Ingrid Kubin (Vienna University of Economics and Business Administration - Austria); Pasquale Commendatore (University of Naples ‘Federico II’ - Italy)

16:45 – 17:15

Coffee Break

Day 1: Thursday May 26, 201617:15 – 18:15

Contributed Session 4-A: The EU as a Complex Economic SystemChair: Francesco Di Comite (European Commission, DG Joint Research Centre - Spain)Room: Pasiphae I

An investigation of interregional trade network structuresRoberto Basile (Second University of Naples - Italy); Pasquale Commendatore (University of Naples ‘Federico II’- Italy); Luca De Benedictis (University of Macerata - Italy); Ingrid Kubin (Vienna University of Economics and Business - Austria)Modelling agglomeration and dispersion in RHOMOLOFrancesco Di Comite (European Commission, DG Joint Research Centre - Spain); d'Artis Kancs (European Commission, DG Joint Research Centre - Spain)

Contributed Session 4-B: Production and Location ChoicesChair: Constantine Manasakis (University of Crete – Greece; Institute of Applied & Computational Mathematics-FORTH - Greece)Room: Pasiphae II

A dynamic model for production location in developed and developing countries with cost externalitiesGian Italo Bischi (University of Urbino - Italy); Michael Kopel (University of Graz - Austria); Fabio Lamantia (University of Calabria - Italy); Mario Pezzino (University of Manchester - UK); Davide Radi (Carlo Cattaneo University - Italy); Jan Tuinstra (University of Amsterdam - The Netherlands)Multistability and chaotic scenarios in a case of triopoly when two firms synchronizeAnna Agliari (Catholic University of Sacred Heart - Italy); Alina Szuz (Independent Researcher - Romania)

20:00 Conference Dinner

Day 2: Friday May 27, 2016

09:15 – 10:00

Keynote Lecture 3Systemic Risk in Banking and Macroeconomic Fat TailsAlan Kirman (Aix-Marseille Université – France)Spiros Bougheas (University of Nottingham, UK)Chair: Herbert Dawid (Bielefeld University - Germany)Room: Pasiphae I

10:00 – 11:20

Contributed Session 5-A: Spatial Econometrics IIChair: Roman Minguez (University of Castilla-La Mancha - Spain)Room: Pasiphae I

Trade costs and income in European regionsChristoph Hammer (Vienna University of Economics and Business Administration - Austria); Aurelien Fichet de Clairfontaine (Vienna University of Economics and Business Administration - Austria)Value chain networks and wages: Cross-country evidence based on linked micro-industry dataAleksandra Parteka (Gdansk University of Technology - Poland); Joanna Wolszczak-Derlacz (Gdansk University of Technology - Poland)Implementing propensity score matching with network data: The effect of GATT on bilateral tradeBruno Arpino (Universitat Pompeu Fabra - Spain); Luca De Benedictis (University of Macerata - Italy); Alessandra Mattei (University of Florence - Italy)Testing for localization with relative entropy measuresRoy Cerqueti (University of Macerata – Italy); Eleonora Cutrini (University of Macerata – Italy)

Contributed Session 5-B: The Effects of TaxationChair: Jan Tuinstra (University of Amsterdam and CeNDEF - The Netherlands)Room: Pasiphae II

Non-constant discounting and pollution abatement in an endogenous growth modelFrancisco Cabo (Universidad de Valladolid - Spain); Guiomar Martin-Herran (Universidad de Valladolid - Spain); Maria Pilar Martinez-Garcia (Universidad de Murcia - Spain)Assessment of the economic impact of coastline erosion to tourism in a join economics and environmental GIS-databaseGeorge Alexandrakis (Institute of Applied & Computational Mathematics-FORTH - Greece)Feed-in-Tariffs and Government Corruption: Another look at the diffusion of Renewable energy technologiesMargarita Genius (University of Crete - Greece); Emmanouil Vergis (University of Crete - Greece)Building a canal and transferring water between two river basinsFrancisco Cabo� (Universidad de Valladolid - Spain); Katrin Erdlenbruch (UMR G-EAU - France); Mabel Tidball(INRA, UMR Lameta - France)

11:20 – 11:50

Coffee Break

Day 2: Friday May 27, 201611:50 – Contributed Session 6-A: Working Group 3 Themes – The

12:50 Social Responsibility of FirmsChair: Michael Kopel (University of Graz - Austria)Room: Pasiphae I

Strategic corporate social responsibility by multinational enterprisesConstantine Manasakis (University of Crete – Greece; Institute of Applied & Computational Mathematics-FORTH - Greece); Evangelos Mitrokostas (University of Portsmouth - UK); Emmanuel Petrakis (University of Crete - Greece)Social comparison costs under vertical separationMichael Kopel (University of Graz - Austria); Anna Ressi (University of Graz - Austria)Mixed industry outcomes in oligopoly markets with socially concerned firmsMichael Kopel (University of Graz - Austria); Fabio Lamantia (University of Calabria - Italy)

Contributed Session 6-B: The Micro and Macro Role of Financial Markets Chair: Frank Westerhoff (University of Bamberg - Germany)Room: Pasiphae II

Macroeconomic stabilization and long-term growth: The role of policy designPhilipp Harting (Bielefeld University - Germany)Dynamics of a stock market involving disequilibrium tradeAnastasiia Panchuk (National Academy of Sciences - Ukraine); Tonu Puu (Umea University - Sweden)Herding behavior and volatility clustering in financial marketsNoemi Schmitt (University of Bamberg - Germany); Frank Westerhoff (University of Bamberg - Germany)

12:50 – 14:15

Lunch Break

14:15 – 15:00

Keynote Lecture 4European Policy Analysis in a Multi-Regional Agent-based FrameworkHerbert Dawid (Bielefeld University - Germany)Chair: Michael Kopel (University of Graz - Austria)Room: Pasiphae I

Day 2: Friday May 27, 201615:00 – 16:00

Contributed Session 7-A: Working Group 4 Themes – Dynamic ModellingChair: Iryna Sushko (NASU-Ukraine)Room: Pasiphae I

A segregation model of Shelling type with heterogeneous agents and adaptive dynamicsDavide Radi (Carlo Cattaneo University LIUC and University of Urbino Carlo Bo - Italy); Laura Gardini (University of Urbino Carlo Bo - Italy)On the dynamics of Kopel’s Cournot duopoly model: A descriptive approachMaria Munoz-Guillermo (Universidad Politecnica de Cartagena - Spain); Jose S. Canovas (Universidad Politecnica de Cartagena - Spain)The dynamics of a three-region linear NEG modelPasquale Commendatore (University of Naples ‘Federico II’ - Italy); Ingrid Kubin (Vienna University of Economics and Business Administration - Austria); Iryna Sushko (NASU-Ukraine)

Contributed Session 7-B: Regional and Sectoral InequalitiesChair: Carmelo Petraglia (University of Basilicata - Italy)Room: Pasiphae II

Studies on regional wealth inequalitiesRoy Cerqueti (University of Macerata - Italy); Marcel Ausloos (GRAPES - Belgium and University of Leicester - UK)Production factor contributions to the economic growth of OECD economies at the industry levelSasa Drezgic (University of Rijeka - Croatia)Fiscal policy, redistribution and risk sharing across Italian regionsCarmelo Petraglia (University of Basilicata - Italy); Eleonora Pierucci (University of Basilicata - Italy); Domenico Scalera (University of Sannio - Italy)

16:00 – 16:30

Coffee Break

16:30 – 17:30

Keynote Lecture 5New Economic Geography with Multiple RegionsTakatoshi Tabuchi (The University of Tokio – Japan)Chair: Pasquale Commendatore (University of Naples ‘Federico II’ – Italy)Room: Pasiphae I

17:30 – 18:00

Closing RemarksPasquale Commendatore (University of Naples ‘Federico II’ – Italy)Chair of the COST Action IS1104 “The EU in the new economic complex geography: models, tools and policy evaluation”

Day 1: Thursday May 26, 201620:00 Conference Dinner at “Avli tou Deukaliona”

“Avli tou Deukaliona” is a legendary tavern of Heraklion.It is located at the square behind the Historical Museum of Crete [www.historical-museum.gr]“Avli tou Deukaliona” offers local Cretan delicacies in an environment that travels you to old Greek taverns of previous decades. During the summer, the food is served in the open, across the square of the Museum.All dishes are prepared with great care and attention, using quality raw materials. Address:8 Lysimachou Kalokairinou St.Heraklion, 71 202