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.
Diskussionspapier
| Veröffentlicht | Englisch
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Autor*in
Pieretti, Patrice;
Zanaj, Skerdilajda;
Zou, Benteng
Einrichtung
Abstract / Bemerkung
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.
Stichworte
Country size;
Foreign direct investments;
Public goods competition;
Spatial competition
Erscheinungsjahr
2010
Band
437
ISSN
0931-6558
Page URI
https://pub.uni-bielefeld.de/record/2316449
Zitieren
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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