This article explores the capacity for environmental fiscal reform to reduce carbon dioxide (CO2) emissions, stimulate economic performance, and promote fiscal sustainability. Simulation results suggest that reforms based on CO2 taxation stimulate gross domestic product (GDP) when tax revenues...

This paper uses a VAR approach to investigate the effects of public investment on private-sector performance in the United States. This approach is consistent with the argument that the analysis of these effects requires the consideration of dynamic feedbacks among the different variables....