This paper studies the influence of environmental policies on environmental quality, domestic firms, and welfare. Point of departure is Porter's hypothesis that unilateral environmental regulation may enhance the competitiveness of domestic firms. This hypothesis has recently received...

The paper investigates the investment decision of a financially constrained multinational corporation (MNC) planning investment projects both at home and in a developing country. The collateral values of the projects diverge because of country specific transactions costs so that the willingness...

We study the problem of intervention effects generating various types of outliers in a linear count time series model. This model belongs to the class of observation driven models and extends the class of Gaussian linear time series models within the exponential family framework. Studies about...