Elimination of Regional Economic Disparities as Optimal Control Problem
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F12%3A50000361" target="_blank" >RIV/62690094:18450/12:50000361 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Elimination of Regional Economic Disparities as Optimal Control Problem
Original language description
The paper deals with an issue related to the existence of regions and their economic development. Particularly the problem of possible reduction of the existing economic regional disparities is solved. Regional disparities are understood here only as thedifference among the economic productivity of the regions. It is assumed that a part of the public income of the more productive regions is shifted into the area of infrastructure of the less productive regions in order to reduce disparities in regionalproductivity and differences in incomes between populations of regions. The model that is formulated as optimal control problems in continuous time provides necessary conditions for success of this aim of regional politics and it shows how to reduce thedifference between productivity of regions. To find optimal conditions Pontryagin maximum principle is used.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
BB - Applied statistics, operational research
OECD FORD branch
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Result continuities
Project
<a href="/en/project/GA402%2F09%2F0405" target="_blank" >GA402/09/0405: Development of Non-standard Optimization Methods and their Applications in Economy and Management</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Mathematical methods in economics : proceedings of 30th international conference
ISBN
978-80-7248-779-0
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
739-744
Publisher name
Slezská univerzita. Obchodně podnikatelská fakulta
Place of publication
Karviná
Event location
Karviná
Event date
Sep 11, 2012
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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