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Production often causes pollution as a by-product. Once pollution problems become too severe, regulation is introduced by political authorities which forces the economy to make a transition to cleaner production processes. We model this transition as a change in "general purpose technology"...
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The present work analyzes the impact of foreign direct investment (FDI) and corruption on the quality of the … environment in the MENA region. Indeed, the magnitude of corruption and the quality of institutions are often cited as the main … recommend greater awareness of the harmful effects of corruption among political and economic actors. …
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