This book studies the relationships between economic growth and social welfare and the policy implications of these relationships for development. Understanding the relationships between economic growth and social welfare is an enduring issue within contemporary development economics and welfare...

Environmental Taxation and the Double Dividend explores the welfare effects of environmental taxes in a second-best framework. It starts from a benchmark model which reveals that environmental taxes typically exacerbate pre-existing tax distortions, even if the revenues are used to cut other...

Tourism and trade / Pasquale M. Sgro -- A two-sector general equilibrium model of a small open economy / Pasquale M. Sgro -- Tourism, illegal migrants and resident welfare / Pasquale M. Sgro -- Tourism in the generalized Harris-Todaro model and regional immiserization / Pasquale M. Sgro --...