We explore how multilateral environmental regulations may adversely affect trade flows between countries with different incomes. Using the gravity equation, we examine the effect on bilateral trade flows of increases in environmental regulation stringency ratings, taken from survey data covering...

The Rev. Heinrich Pesch, S.J. was a German economist and social philosopher who was an active scholar from the 1890s to 1920s. His work had a significant impact on a generation of German Catholic social thinkers and particularly the papal encyclical Quadragesimo Anno. His method of social...

This paper investigates whether culture and history impacts the spatial allocation of foreign direct investment (FDI). The importance of culture is well documented in both the international business and economics literature; however, the causal impact of culture on the location of FDI has been...