Optimal control and long-run dynamics for a spatial economic growth model with physical capital accumulation and pollution diffusion
From MaRDI portal
Publication:2339058
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
reaction-diffusion systemseconomic growthcontrol problemslarge-time behaviorenvironmental qualitynon-concave production functionintegral nonlocal term
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)
Related Items
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 ⋮ Optimal control in epidemiology ⋮ Equilibrium strategies in a multiregional transboundary pollution differential game with spatially distributed controls ⋮ Optimal social distancing through cross-diffusion control for a disease outbreak PDE model ⋮ Pollution diffusion and abatement activities across space and over time ⋮ Spatial dynamics for a generalized Solow growth model ⋮ Spatial vs. non-spatial transboundary pollution control in a class of cooperative and non-cooperative dynamic games ⋮ The dynamics of a spatial economic model with bounded population growth ⋮ Transboundary pollution externalities: think globally, act locally? ⋮ On the validity of use of physical equations and principles in the socio-economic field and on the predictability of socio-economic system dynamics ⋮ The optimal population size under pollution and migration externalities: a spatial control approach ⋮ Optimal management and spatial patterns in a distributed shallow lake model ⋮ Dynamics and optimal control in a spatially structured economic growth model with pollution diffusion and environmental taxation
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Degenerate nonlinear diffusion equations
- On a spatial Solow model with technological diffusion and nonconcave production function
- Pattern formation, spatial externalities and regulation in coupled economic-ecological systems
- A stabilization strategy for a reaction-diffusion system modelling a class of spatially structured epidemic systems (think globally, act locally)
- The Green Solow model
- Mathematical Structures of Epidemic Systems
- BRIDGING THE GAP BETWEEN GROWTH THEORY AND THE NEW ECONOMIC GEOGRAPHY: THE SPATIAL RAMSEY MODEL
- Optimal Growth with a Convex-Concave Production Function