This paper provides long- and short-run tax buoyancy estimates for a group of 12 Caribbean countries over the period 1991-2017. Using panel regressions , the study found that the long- and short-run tax buoyancy estimates are statistically greater than one. However, the results vary by tax...

In recent years, extensive literature on the Environmental Kuznets Curve leading to optimistic policy conclusions has attracted great attention. However, the underlying cross-section estimations are not very reliable. Accordingly, this contribution uses time series data for a single country with...