Crucial to the economic growth and fiscal management of a nation is the balancing between expenditure and taxation to increase the welfare of its citizens. The implementation of a new taxation scheme to replace obsolete and less efficient one requires care analysis between the costs and benefits...

Kopits and Cropper examine the impact of income growth on the death rate due to traffic fatalities, as well as on fatalities per motor vehicle and on the motorization rate (vehicles/population) using panel data from 1963-99 for 88 countries. Specifically, they estimate fixed effects models for...