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Foreign Aid Linked to Infrastructure and/or Pollution Abatement
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2014-03)
This paper studies the macroeconomic effects of a permanent increase in foreign aid in a model that takes into account environmental quality. We develop a dynamic equilibrium model in which both public investment in ...
Partial cross-ownership and strategic environmental policy
This paper analyzes the effect that passive investment in rival firms has on the setting of cooperative and non-cooperative environmental taxes. We consider two firms located in different countries, one of which owns a ...
Relocation and Investment in R&D by Firms
The literature on foreign direct investment has analyzed firms’ location decisions when they invest in R&D to reduce production costs. Such firms may set up new plants in other developed countries while maintaining their ...