Fiscal centralization vs. decentralization on economic growth and welfare: an optimal-control approach

DOI10.3934/JIMO.2016.12.487zbMath1327.90409OpenAlexW2552643095MaRDI QIDQ747017

Tifang Ye, Guo-Guang Yan, Xiang-Yu Ge, Yan-Li Zhou

Publication date: 22 October 2015

Published in: Journal of Industrial and Management Optimization (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3934/jimo.2016.12.487

zbMATH Keywords

spilloversfiscal decentralizationheterogeneous economiestax competition

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Dynamic programming in optimal control and differential games (49L20) Existence theories for optimal control problems involving ordinary differential equations (49J15)

Cites Work

• Federalism, education-related public good and growth when agents are heterogeneous
• Optimal investment-consumption problem with constraint
• A smoothing scheme for optimization problems with max-min constraints
• Asymmetric tax competition
• Leviathan and Competition among Jurisdictions: The Case of Benefit Taxation
• Inefficiencies from Metropolitan Political and Fiscal Decentralization: Failures of Tiebout Competition

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