SpringerBriefs in Business

Taxation, Growth and Fiscal Institutions

A Political and Economic Analysis

Authors: Lee, Albert J.

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About this book

The causal relationship between growth and inequality is complex, and there have been many scholarly works to study this relationship since the seminal work of Kuznets in the 1950s. Few recent studies in this field have shown that the nature of relationship is multifaceted and non-linear. In addition to the intrinsic non-linear nature of the relationship, government and institutions play pivotal role in distributing the benefits of growth to reduce inequality. The responsiveness greatly depends upon a country’s initial conditions in terms of inequality and the nature of democracy prevailing in the country.

This volume highlights the role of institutions in explaining the gulf between inequality and growth, by applying a dynamic general equilibrium framework and by utilizing econometric techniques. Econometrically two important hypotheses are tested.  First, assuming there is no difference in institutions, the growth rate increases as inequality decreases.  Second, assuming inequality remains unchanged, improvement in the integrity of fiscal institutions results in higher economic growth.

Integrating theoretical and empirical approaches, this volume links crucial economic concepts in a novel way, and goes beyond academic analysis to suggest policy implications, and will serve as a valuable resource for scholars and policymakers alike in the fields of economic growth and development, public policy, and economic modeling.

Table of contents (7 chapters)

Buy this book

eBook $34.99
price for USA
  • ISBN 978-1-4614-1290-8
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Download immediately after purchase
Softcover $49.95
price for USA
  • ISBN 978-1-4614-1289-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Taxation, Growth and Fiscal Institutions
Book Subtitle
A Political and Economic Analysis
Authors
Series Title
SpringerBriefs in Business
Copyright
2012
Publisher
Springer-Verlag New York
Copyright Holder
The Author
eBook ISBN
978-1-4614-1290-8
DOI
10.1007/978-1-4614-1290-8
Softcover ISBN
978-1-4614-1289-2
Series ISSN
2191-5482
Edition Number
1
Number of Pages
XIV, 61
Number of Illustrations and Tables
1 b/w illustrations
Topics