Darrigues, Fabrice; Montaud, Jean-Marc - In: Review of Economics & Finance 2 (2012) May, pp. 15-29
Using a monopolistic competition model with mobile capital, in which firms may choose between ¡°dirty¡± or ¡°clean¡± technology, this paper investigates the relationship between the environment, trade liberalization, and the geographical and technical choices of multinational firms....