Since the early seventies an increasing attention has been paid to the impact environmental polict nmight have on foreign trade. One of the most important issues is whether countries with relatively strict environmental regulations tend to experience a deterioration of international...

Since the early seventies an increasing attention has been paid to the impact environmental policy has on foreign trade. One of the most important issues is whether countries with relatively strict environmental regulat ions tend to experience a deterioration of international competitiveness and...

The gravity model has long been used for modelling and predicting trade flows. This paper generalises the gravity model allowing for proper representation of local and target country effects and also the business cycle. The new approach is based on a panel data framework (instead of a simple...