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In this paper we are interested in the relationship between globalization, political institutions (notably, democracy) and international environmental commitments. This relationship has been the subject of a particularly intensive debate and the existing literature offers a wide range of partly...
Persistent link: https://www.econbiz.de/10008565042
We study the effects of economic globalization (liberalization of international trade and investment flows) on the environment in the context of a model that integrates standard factor endowment theory (FET) with the pollution haven hypothesis (PHH). Both FET and PHH imply that inward investment...
Persistent link: https://www.econbiz.de/10008565067