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

DOI10.3934/JIMO.2016.12.487MaRDI QIDQ747017zbMATH OpenOpenAlexFDO

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

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

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• The political economy of (de)centralization with complementary public goods

Cites work

• A smoothing scheme for optimization problems with max-min constraints
• Asymmetric tax competition
• Federalism, education-related public good and growth when agents are heterogeneous
• Inefficiencies from metropolitan political and fiscal decentralization: failures of tiebout competition
• Leviathan and Competition among Jurisdictions: The Case of Benefit Taxation
• Optimal investment-consumption problem with constraint

Cited in

(7)

• The segregative properties of endogenous formation of jurisdictions with a welfarist central government
• The decentralization tradeoff for complementary spillovers
• Fiscal decentralization, financial efficiency and upgrading the industrial structure: an empirical analysis of a spatial heterogeneity model
• The spatial spillover effect of fiscal decentralization on local public provision: mathematical application and empirical estimation
• scientific article; zbMATH DE number 500991 (Why is no real title available?)
• Federalism, education-related public good and growth when agents are heterogeneous
• Can fiscal decentralization alleviate government consumption volatility?

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