This paper studies the impact of cross-border Mergers and Acquisitions (M&As) on Carbon Dioxide emissions. Carbon Dioxide is the main anthropogenic greenhouse gas. A global problem that requires a multilateral solution. To take this into account we introduce an institutional variable, which...

The paper aims to examine policy-anchor hypotheses by analysing the impact of WTO accession process on domestic economic policies and institutions of newly acceded WTO members. It shows that the process of obtaining WTO membership, under certain circumstances, can lead to a positive improvement...

We study how the implementation of emissions trading systems (ETS) impacts emissions reductions and the usage of renewable energy using a panel sample of the largest 100 countries worldwide. Exploiting the cross-country variations in ETS implementations, we show that ETS adoption materially...