This paper presents a brief introduction to the OECD GREEN Model. The GREEN model has been developed by the OECD Secretariat in order to assess the economic impact of abating CO2 emissions using several different economic instruments. The paper is divided into two parts. The first provides a...

The theoretical literature on trade and foreign direct investment (FDI) indicates that they could be either substitutes or complements. The empirical evidence on U.S.-Japan and APEC countries suggests that trade and FDI exhibit a complementary relationship. In this paper, we employ a six-region...