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Infrastructures publiques et politiques de developpement decentralisees

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  • Figuieres, C
  • Garderes, P
  • Rychen, F

Abstract

We consider a capital accumulation game between two different jurisdictions. When the jurisdictions adopt open loop strategies, we study the inefficiency of the steady state Nash equilibrium with respect to the steady state utilitarian solution.

Suggested Citation

  • Figuieres, C & Garderes, P & Rychen, F, 1997. "Infrastructures publiques et politiques de developpement decentralisees," G.R.E.Q.A.M. 97a16, Universite Aix-Marseille III.
    • Handle: RePEc:fth:aixmeq:97a16
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    12. C. Figuières & P. Gardères & P. Michel & F. Rychen, 1999. "The dynamics of the strategic capital accumulation," Annals of Operations Research, Springer, vol. 88(0), pages 291-307, January.
    13. Alicia H. Munnell, 1990. "How does public infrastructure affect regional economic performance?," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 34, pages 69-112.
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    19. Alicia H. Munnell, 1992. "Policy Watch: Infrastructure Investment and Economic Growth," Journal of Economic Perspectives, American Economic Association, vol. 6(4), pages 189-198, Fall.
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    24. Leon Taylor, 1991. "Building Infrastructure to Accomodate Growth," Eastern Economic Journal, Eastern Economic Association, vol. 17(4), pages 473-481, Oct-Dec.
    25. Taylor, Leon, 1992. "Infrastructural competition among jurisdictions," Journal of Public Economics, Elsevier, vol. 49(2), pages 241-259, November.
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    Cited by:

    1. Charles Figuières, 2009. "Markov interactions in a class of dynamic games," Theory and Decision, Springer, vol. 66(1), pages 39-68, January.
    2. Denis Claude & Charles Figuières & Mabel Tidball, 2012. "Regulation of Investments in Infrastructure: The Interplay between Strategic Behaviors and Initial Endowments," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 14(1), pages 35-66, February.
    3. C. Dembour, 2008. "Competition for Business Location: A Survey," Journal of Industry, Competition and Trade, Springer, vol. 8(2), pages 89-111, June.

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    More about this item

    Keywords

    GAMES; ECONOMIC MODELS; GOVERNMENT; INFRASTRUCTURE;
    All these keywords.

    JEL classification:

    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • H73 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Interjurisdictional Differentials and Their Effects

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