Oil consumption and growth : is there a threshold effect of greenhouse gases emissions

dc.contributor.authorNandnaba, Sarah
dc.contributor.authorHailemariam, Abebe
dc.contributor.authorGupta, Rangan
dc.contributor.authorSheng, Xin
dc.contributor.emailrangan.gupta@up.ac.za
dc.date.accessioned2025-10-16T05:25:06Z
dc.date.available2025-10-16T05:25:06Z
dc.date.issued2025-06
dc.description.abstractThe paper empirically examines the threshold effect of GHG(s) emissions on the oil consumption-growth nexus. Using a nonlinear local projection approach and an extended historical dataset from 1890 to 2022, we find that the impact of oil consumption on economic growth is conditional on the level of GHG(s) emissions. More specifically, we find that economies in high-emission regimes face a slowdown in growth while those in low-emission regimes benefit from a positive shock in oil. The results have important policy implications for sustainable growth.
dc.description.departmentEconomics
dc.description.librarianhj2025
dc.description.sdgSDG-08: Decent work and economic growth
dc.description.sdgSDG-13: Climate action
dc.description.urihttp://www.journals.elsevier.com/innovation-and-green-development
dc.identifier.citationNandnaba, S., Hailemariam, A., Gupta, R. et al. 2025, 'Oil consumption and growth : is there a threshold effect of greenhouse gases emissions', Innovation and Green Development, vol. 4, no. 3, art. 100240, pp. 1-6, doi : 10.1016/j.igd.2025.100240.
dc.identifier.issn2949-7531 (online)
dc.identifier.other10.1016/j.igd.2025.100240
dc.identifier.urihttp://hdl.handle.net/2263/104730
dc.language.isoen
dc.publisherElsevier
dc.rights© 2025 The Authors. Published by Elsevier B.V. on behalf of Business School, Zhengzhou University. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
dc.subjectOil consumption
dc.subjectNonlinear local projection
dc.subjectGreenhouse GHG(s) emissions
dc.subjectClimate change
dc.subjectSustainability
dc.subjectEconomic growth
dc.titleOil consumption and growth : is there a threshold effect of greenhouse gases emissions
dc.typeArticle

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