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

The 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...

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Bibliographic Details
Main Authors: Sarah Nandnaba, Abebe Hailemariam, Rangan Gupta, Xin Sheng
Format: Article
Language:English
Published: Elsevier 2025-06-01
Series:Innovation and Green Development
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2949753125000372
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