In order to diversify their risks, firms facing increased demand uncertainty in their domestic market may choose to increase their investment abroad by transferring production to the more stable host economies. Using a gravity model, we test the assumption that foreign direct investment is...

Maritime transport contributes significantly to environmental pollution. The Mediterranean Sea Area is particularly affected by marine emissions from particulate matter, black carbon, nitrogen oxides and sulphur oxides. In addition to international and crossing traffic, the Mediterranean Sea is...