ABSTRACTSTaxes on environmental externalities have long been recognized in the economics literature as a cost-effective mechanism for reducing the costs of environmental degradation. However, in recent years there has been substantial interest in other possible benefits from environmental taxes,...

In the economic growth literature there have been numerous theoretical and empirical studies that examined a multitude of potential factors and policies affecting economic growth, primarily public policies such as infrastructure, education, and taxes. While we have some understanding of how...