Optimal control and long-run dynamics for a spatial economic growth model with physical capital accumulation and pollution diffusion

DOI10.1016/j.aml.2013.04.002zbMath1308.91108OpenAlexW2063866470MaRDI QIDQ2339058

Sebastian Aniţa, Vincenzo Capasso, Davide La Torre, Herb E. Kunze

Publication date: 30 March 2015

Published in: Applied Mathematics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.aml.2013.04.002

zbMATH Keywords

reaction-diffusion systemseconomic growthcontrol problemslarge-time behaviorenvironmental qualitynon-concave production functionintegral nonlocal term

Mathematics Subject Classification ID

Applications of optimal control and differential games (49N90) Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Spatial models in economics (91B72)

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