Dynamics and optimal control in a spatially structured economic growth model with pollution diffusion and environmental taxation

DOI10.1016/j.aml.2014.11.001zbMath1311.91145OpenAlexW2025050596MaRDI QIDQ2344444

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

Publication date: 15 May 2015

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

Full work available at URL: https://doi.org/10.1016/j.aml.2014.11.001

zbMATH Keywords

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

Mathematics Subject Classification ID

Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Spatial models in economics (91B72)

Related Items (7)

Optimizing environmental taxation on physical capital for a spatially structured economic growth model including pollution diffusion ⋮ In search of a new economic model determined by logistic growth ⋮ Equilibrium strategies in a multiregional transboundary pollution differential game with spatially distributed controls ⋮ Spatial vs. non-spatial transboundary pollution control in a class of cooperative and non-cooperative dynamic games ⋮ Transboundary pollution externalities: think globally, act locally? ⋮ The optimal population size under pollution and migration externalities: a spatial control approach ⋮ Optimal control for multi-stage and continuous-time linear singular systems

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