Introduction / G(c)ơnther G. Schulze and Heinrich W. Ursprung -- International trade, investment, and the environment: theoretical issues / G(c)ơnther G. Schulze and Heinrich W. Ursprung -- the empirical evidence on trade, investment, and the environment / G(c)ơnther G. Schulze and Heinrich...

The paper addresses the question whether voters would favor a restriction on capital exports to the East, and if so, to what extent. In a two country framework, it is shown that an unrestricted capital outflow is not optimal, in the traditional sense of a social welfare maximizing benevolent...