The resource hypothesis revisited: Analysing the OECD experience in energy sustainability.
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| Title: | The resource hypothesis revisited: Analysing the OECD experience in energy sustainability. |
|---|---|
| Authors: | Ketchoua, Germain Stephane1 (AUTHOR) stephanegk@yahoo.com, Wirajing, Muhamadu Awal Kindzeka2 (AUTHOR) wirajingmuhamadu@gmail.com |
| Source: | Energy Policy. Dec2025, Vol. 207, pN.PAG-N.PAG. 1p. |
| Subject Terms: | *Natural resources, *Renewable energy sources, *Clean energy, *Sustainable investing, Policy analysis, Econometrics, Economic research |
| Company/Entity: | Organisation for Economic Co-operation & Development |
| Abstract: | This study examines the impact of natural resource wealth on energy sustainability, with a particular focus on the moderating role of government environmental protection expenditure (GEPE). Using data from 30 OECD countries spanning 2000–2022, the analysis employs advanced econometric methods including Driscoll-Kraay (DK) standard errors, the Instrumental Variable Generalised Method of Moments (IV-GMM), and the Dynamic Panel Threshold Regression (DPTR) model. The findings reveal a nuanced relationship between natural resource wealth and energy sustainability. Initially, resource wealth exhibits a negative correlation with energy sustainability. However, beyond a critical threshold of 35.2 %, this relationship reverses and becomes positive. This turning point underscores the dual nature of natural resource wealth, which can act as either a curse or a blessing, depending on how effectively it is managed and the scale of revenues it generates. The results demonstrate a U-shape relationship between natural resource wealth and energy sustainability. Furthermore, the study finds that when natural resource wealth interacts with GEPE, it positively impacts energy sustainability. Based on these findings, policymakers should focus on increasing allocations to GEPE to fund renewable energy projects and enhance energy sustainability while establishing robust governance frameworks to manage resources wealth efficiently. [Display omitted] • Objective : This study scrutinizes government environmental protection expenditure (GEPE) impact on the relationship between natural resource wealth on energy sustainability. • Methodology : Methodologically, we employed Driscoll and Kraay (DK) standard errors, the Instrumental Variable Generalised Method of Moments (IVGMM), and the Dynamic Panel Threshold Regression (DPTP) model. • Principal results : The findings indicate that, resource wealth exhibits a negative correlation with energy sustainability initially. However, beyond a critical threshold of 35.2 % this relationship reverses, becoming positive. This turning point underscores the dual nature of natural resource wealth, which can act as either a curse or a blessing, depending on how effectively it is managed and the scale of revenues it generates. The results demonstrate a U-shape relationship between natural resource wealth and energy sustainability. Furthermore, the study finds that when natural resource wealth is combined with GEPE, it positively impacts energy sustainability. • Implications : Policymakers should focus on increasing allocations to GEPE to fund renewable energy projects and enhance energy sustainability while establishing robust governance frameworks to manage resources wealth efficiently. [ABSTRACT FROM AUTHOR] |
| Copyright of Energy Policy is the property of Elsevier B.V. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | GreenFILE |
| FullText | Text: Availability: 0 |
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| Header | DbId: 8gh DbLabel: GreenFILE An: 187868073 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: The resource hypothesis revisited: Analysing the OECD experience in energy sustainability. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Ketchoua%2C+Germain+Stephane%22">Ketchoua, Germain Stephane</searchLink><relatesTo>1</relatesTo> (AUTHOR)<i> stephanegk@yahoo.com</i><br /><searchLink fieldCode="AR" term="%22Wirajing%2C+Muhamadu+Awal+Kindzeka%22">Wirajing, Muhamadu Awal Kindzeka</searchLink><relatesTo>2</relatesTo> (AUTHOR)<i> wirajingmuhamadu@gmail.com</i> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Energy+Policy%22">Energy Policy</searchLink>. Dec2025, Vol. 207, pN.PAG-N.PAG. 1p. – Name: Subject Label: Subject Terms Group: Su Data: *<searchLink fieldCode="DE" term="%22Natural+resources%22">Natural resources</searchLink><br />*<searchLink fieldCode="DE" term="%22Renewable+energy+sources%22">Renewable energy sources</searchLink><br />*<searchLink fieldCode="DE" term="%22Clean+energy%22">Clean energy</searchLink><br />*<searchLink fieldCode="DE" term="%22Sustainable+investing%22">Sustainable investing</searchLink><br /><searchLink fieldCode="DE" term="%22Policy+analysis%22">Policy analysis</searchLink><br /><searchLink fieldCode="DE" term="%22Econometrics%22">Econometrics</searchLink><br /><searchLink fieldCode="DE" term="%22Economic+research%22">Economic research</searchLink> – Name: SubjectCompany Label: Company/Entity Group: Su Data: <searchLink fieldCode="DE" term="%22Organisation+for+Economic+Co-operation+%26+Development%22">Organisation for Economic Co-operation & Development</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: This study examines the impact of natural resource wealth on energy sustainability, with a particular focus on the moderating role of government environmental protection expenditure (GEPE). Using data from 30 OECD countries spanning 2000–2022, the analysis employs advanced econometric methods including Driscoll-Kraay (DK) standard errors, the Instrumental Variable Generalised Method of Moments (IV-GMM), and the Dynamic Panel Threshold Regression (DPTR) model. The findings reveal a nuanced relationship between natural resource wealth and energy sustainability. Initially, resource wealth exhibits a negative correlation with energy sustainability. However, beyond a critical threshold of 35.2 %, this relationship reverses and becomes positive. This turning point underscores the dual nature of natural resource wealth, which can act as either a curse or a blessing, depending on how effectively it is managed and the scale of revenues it generates. The results demonstrate a U-shape relationship between natural resource wealth and energy sustainability. Furthermore, the study finds that when natural resource wealth interacts with GEPE, it positively impacts energy sustainability. Based on these findings, policymakers should focus on increasing allocations to GEPE to fund renewable energy projects and enhance energy sustainability while establishing robust governance frameworks to manage resources wealth efficiently. [Display omitted] • Objective : This study scrutinizes government environmental protection expenditure (GEPE) impact on the relationship between natural resource wealth on energy sustainability. • Methodology : Methodologically, we employed Driscoll and Kraay (DK) standard errors, the Instrumental Variable Generalised Method of Moments (IVGMM), and the Dynamic Panel Threshold Regression (DPTP) model. • Principal results : The findings indicate that, resource wealth exhibits a negative correlation with energy sustainability initially. However, beyond a critical threshold of 35.2 % this relationship reverses, becoming positive. This turning point underscores the dual nature of natural resource wealth, which can act as either a curse or a blessing, depending on how effectively it is managed and the scale of revenues it generates. The results demonstrate a U-shape relationship between natural resource wealth and energy sustainability. Furthermore, the study finds that when natural resource wealth is combined with GEPE, it positively impacts energy sustainability. • Implications : Policymakers should focus on increasing allocations to GEPE to fund renewable energy projects and enhance energy sustainability while establishing robust governance frameworks to manage resources wealth efficiently. [ABSTRACT FROM AUTHOR] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of Energy Policy is the property of Elsevier B.V. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
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| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1016/j.enpol.2025.114830 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 1 StartPage: N.PAG Subjects: – SubjectFull: Natural resources Type: general – SubjectFull: Renewable energy sources Type: general – SubjectFull: Clean energy Type: general – SubjectFull: Sustainable investing Type: general – SubjectFull: Policy analysis Type: general – SubjectFull: Econometrics Type: general – SubjectFull: Economic research Type: general – SubjectFull: Organisation for Economic Co-operation & Development Type: general Titles: – TitleFull: The resource hypothesis revisited: Analysing the OECD experience in energy sustainability. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Ketchoua, Germain Stephane – PersonEntity: Name: NameFull: Wirajing, Muhamadu Awal Kindzeka IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 12 Text: Dec2025 Type: published Y: 2025 Identifiers: – Type: issn-print Value: 03014215 Numbering: – Type: volume Value: 207 Titles: – TitleFull: Energy Policy Type: main |
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