Seminars & webinars
14 September, 2017

FEEM-IEFE Joint Seminar on "Economic Growth of Insiders and Outsiders of a Climate Agreement: A Theoretical Model"


Fondazione Eni Enrico Mattei
Isola di San Giorgio Maggiore
30124 Venice
at FEEM Milan

How to reach: Google map
Event's Timetable:

h. 12.30 Seminar
In Venice a light lunch will follow the seminar for registered participants.


Registration is required. Please confirm your participation here.
The seminar will be broadcasted via GoToMeeting.
Seminars Office,


Michael Rauscher, University of Rostock


On June, 1st, 2017, US president Donald Trump announced that his country would withdraw from the Paris Climate Accord and on July, 8th, the Turkish president Recep Tayyip Erdoğan declared that his country would probably not ratify the agreement either. The paper investigates the growth consequences of being an insider or an outsider of a global climate agreement in the framework of a Romer-type model of directed technical change with international technological spillovers. The paper shows that there is a critical mass of member countries that makes a climate agreement stable and by which parameters it is influenced. Moreover, some surprising results on the effects of subsidies for green technologies are derived.

This seminar has been jointly organized by FEEM and IEFE, Bocconi University.

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