Modeling the Economic Space: Problems Discussed in Modern Studies

The paper analyzes problems of the spatial economy modeling and approaches to their solving; to what degree an economic space is conceptualized; advantages and disadvantages of major classes of spatial models; and experts’ assessments of prospects of spatial modeling. Conceptualization of the economic space is proved to be far from its completion, and still the economic space modeling could be regarded as an unresolved intellectual problem since the researchers’ efforts to determine spatial development endogenously have faced the difficulties concerning analytical solutions and micro-data required for models. Researches of different schools agree on prospects of spatial modeling – they are the application of more micro- and geocoded data for the purposes of a direct inclusion of time factors and combination of the models developed for different sectors of spatial economy (in particular, agent-oriented models) into the integrated models to allow overcoming limits of constituted models.