be able to expropriate innovations in new abatement technology ex post. This suggests that incentives for environmental R …&D may be lower than the incentives for market goods R&D. This in turn may be used as an argument for environmental R …&D getting more public support than other R&D. In this paper we systematically compare the incentives for environmental R&D with …

rationing on start-up investment decisions …

We study the role of competition for the hold-up problem in foreign direct investment in resource-based industries. The … host country government is not only unable to commit not to expropriate investment ex post, but is also unable to commit to … higher investment levels and increases host country revenues, but hurts profits of international investors …