This paper investigates the growth implications of a nonlinear tax structure. The interest here is on the distortionary not the redistributive effects of taxation on economic growth. The paper finds two results. First, the inclusion of a nonlinear tax structure into an Ak growth model introduces...

In this study, we use extreme bounds analysis to test the robustness of the hypothesis that regional trading arrangements (RTAs) are trade creating. Extreme bounds analysis provides a more rigorous test of specification uncertainty than traditional econometric theory by incorporating prior...

In this article, we investigate the impact of regional trading arrangements (RTAs) on the environment. We propose an empirical model where RTAs, trade, growth and environmental quality are interrelated. As a result, an RTA in our model can impact the environment either directly or indirectly via...

This paper empirically tests the role of tax distortions in explaining state-level economic growth through the estimation of disaggregated personal income, general sales and property tax rates. The results show that these disaggregated tax rates generate predictions more consistent with growth...