The long run survival of small nations. A dynamic view

Pieretti P, Zanaj S, Zou B (2010) Working Papers. Institute of Mathematical Economics; 437.
Bielefeld: Universität Bielefeld.

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Diskussionspapier | Veröffentlicht | Englisch
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In this paper, we analyze the dynamics of a very small economy which tries to attract foreign investments. For that purpose, we model the intertemporal behavior of a small jurisdiction using taxes and attractive public infrastructures as policy instruments, for given policy choices of the rest of the world. Applying Pontryagin's maximum principle, we then characterize the potential steady states which are attainable. These results give some insights into the policy behavior that may guarantee the long run survival of very small economies.
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Pieretti P, Zanaj S, Zou B. The long run survival of small nations. A dynamic view. Working Papers. Institute of Mathematical Economics. Vol 437. Bielefeld: Universität Bielefeld; 2010.
Pieretti, P., Zanaj, S., & Zou, B. (2010). The long run survival of small nations. A dynamic view (Working Papers. Institute of Mathematical Economics, 437). Bielefeld: Universität Bielefeld.
Pieretti, P., Zanaj, S., and Zou, B. (2010). The long run survival of small nations. A dynamic view. Working Papers. Institute of Mathematical Economics, 437, Bielefeld: Universität Bielefeld.
Pieretti, P., Zanaj, S., & Zou, B., 2010. The long run survival of small nations. A dynamic view, Working Papers. Institute of Mathematical Economics, no.437, Bielefeld: Universität Bielefeld.
P. Pieretti, S. Zanaj, and B. Zou, The long run survival of small nations. A dynamic view, Working Papers. Institute of Mathematical Economics, vol. 437, Bielefeld: Universität Bielefeld, 2010.
Pieretti, P., Zanaj, S., Zou, B.: The long run survival of small nations. A dynamic view. Working Papers. Institute of Mathematical Economics, 437. Universität Bielefeld, Bielefeld (2010).
Pieretti, Patrice, Zanaj, Skerdilajda, and Zou, Benteng. The long run survival of small nations. A dynamic view. Bielefeld: Universität Bielefeld, 2010. Working Papers. Institute of Mathematical Economics. 437.
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