This article investigates the relationship between Foreign Direct Investment (FDI) and pollution measured by carbon dioxide (CO₂) emissions. The results suggest that while lax environmental regulations might attract FDI, the foreign companies utilize less polluting technology as compared to...

This paper investigates the relationship between the value of the dollar and the prices of two commodities, gold and oil. Granger causality is used on monthly data from January of 1970 through July of 2008. The empirical results show that the hypothesis that there is no causal relation between...

In a recent notable paper, Rose (2004a) finds no evidence that membership in the GATT/WTO increases trade. However, to evaluate accurately the role of the trade organization on trade promotion, only trade in commodities and sectors that are actually under the influence of that organization...