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

DOI10.3934/JIMO.2016.12.487zbMATH Open1327.90409OpenAlexW2552643095MaRDI QIDQ747017FDOQ747017

Guo-Guang Yan, Xiangyu Ge, Tifang Ye, Yanli 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

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zbMATH Keywords

spilloversfiscal decentralizationheterogeneous economiestax competition

Mathematics Subject Classification ID

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

Cites Work

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

Cited In (4)

• The segregative properties of endogenous formation of jurisdictions with a welfarist central government
• Fiscal decentralization, financial efficiency and upgrading the industrial structure: an empirical analysis of a spatial heterogeneity model
• Title not available (Why is that?)
• Can fiscal decentralization alleviate government consumption volatility?

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