This paper examines whether local policy networks can deter race-to-bottom in the environmental policy domain. Prominent scholars of environmental policy have advanced an argument that local governments tend to lower the level of regulatory stringency to better compete with their neighboring...

This paper studies how environmental regulation shapes the pattern of foreign direct investment (FDI), and thereby assesses the pollution haven hypothesis. Conflicting results exist in the case studies examining the most advanced countries, partly due to the deterrent effect of clean technology...

In this paper we analyse a setup where consumers are heterogeneous in the perception of environmental quality. The equilibrium is verified in a setting with horizontal and vertical (green) differentiation. Profits are increasing in the misperception of quality, while, the investment in green...