Trade and independence for economic development -- Market potential and international trade -- Foreign direct investment under fiscal interdependence when policy is set unilaterally -- Unilateral policy and foreign competition -- Lobbying in the presence of foreign competition -- Developing...

This book argues that it is in the best interests of Puerto Rico and the United States to set policies to move toward political independence for Puerto Rico. It explores, theoretically and empirically, aspects of trade, industry, and market-based environmental policies in the context of the...

Part I Merger Incentives in Pollution Intensive Industries -- Merger Incentives and the Natural Environment -- Mergers in Cournot Markets with Environmental Externality and Product Differentiation -- The Impact of Foreign Emission Tax on Domestic Merger Profitability -- Electric Utility Mergers...