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No. 3 / 2026 — Autumn

Peer-reviewed articles in economics, finance, public policy, and sustainable development.

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Theoretical and Applied Economics
No. 1 / 2026 (646), Spring

Impact of growth and tax on pollution in the presence of corruption

Sarmistha BANERJEE
Jadavpur University, India
Bidisha CHAKRABORTY
Jadavpur University, India

Abstract. In the context of international environmental agreements, where both developed and developing countries commit to mitigating ecological risks, this paper develops a theoretical model to examine the growth-pollution nexus in the presence of rent-seeking behavior by a self-interested government and a firm. We analyze two cases: (1) when lobbying transfers are unilaterally determined by the firm, and (2) when they are jointly determined through a Nash bargaining framework. Furthermore, when tax revenues are endogenously allocated to stimulate growth, we find that higher environmental taxes may paradoxically increase pollution in the Nash bargaining case.

Keywords: Pollution; Lobby payment; Corruption; Pollution tax; Economic growth.

Contents

1

From paradox to opportunity: designing a hybrid REIT Model for Romania's emerging capital market

Denis-Andrei MANOLE

2

Human development inequality within and between selected SAARC countries using Mean Log Deviation MLD

Andaish QIAMUDDIN · Dumitru Alexandru BODISLAV · Vansiya N. YOGESH

3

The influence of renewable energy consumption and trade openness on carbon emissions in South Africa: an augmented autoregressive distributed lag method application

Mohamadou OUMAROU · IBRAHIM · Apsatou ABBO · Mohamadou SANI · Mohammadou NOUROU · Najwa AKERMI

4

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Mihai-Daniel GAVRILA

5

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6

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Jacques BOUNDIOA · Youssouf TRAORÉ

7

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8

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9

The evolution of green energy utilization in Romania

Diana Elena ZIDARU

10

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11

AI-simulated reciprocity and the narrowing of decision options within human attachment psychological architecture

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12

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13

Impact of growth and tax on pollution in the presence of corruption

Sarmistha BANERJEE · Bidisha CHAKRABORTY

14

Heterogeneous effect of financial inclusion on economic complexity in developing countries

Fousséni RAMDE · Ibrahim OUEDRAOGO · Porto BAZIE

15

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16

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17

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18

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19

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20

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