Skip navigation

Electricity consumption and economic growth empirical evidence from Pakistan

Electricity consumption and economic growth empirical evidence from Pakistan

Shahbaz, Muhammad and Feridun, Mete (2012) Electricity consumption and economic growth empirical evidence from Pakistan. Quality & Quantity, 46 (5). pp. 1583-1599. ISSN 0033-5177 (Print), 1573-7845 (Online) (doi:10.1007/s11135-011-9468-3)

[img] PDF
Electricity_consumption_and_economic_growth.pdf - Published Version
Restricted to Repository staff only

Download (475kB)

Abstract

The present article uses the Autoregressive Distributed Lag (ARDL) bounds testing procedure to identify the long run equilibrium relationship between electricity consumption
and economic growth. Toda-Yamamoto and Wald-test causality tests have identified the direction of the causal relationship between these two variables in the case of Pakistan in the period between 1971 and 2008. Ng-Perron and Clement-Montanes-Reyes unit root tests are used to handle the problem of integrating orders for variables. The results suggest that the two variables are in a long run equilibrium relationship and economic growth leads to
electricity consumption and not vice versa.

Item Type: Article
Uncontrolled Keywords: electricity consumption, economic growth, Pakistan, causality
Subjects: H Social Sciences > HB Economic Theory
Q Science > QC Physics
Faculty / Department / Research Group: Faculty of Business > Greenwich Political Economy Research Centre (GPERC)
Faculty of Business > Department of International Business & Economics
Faculty of Business
Related URLs:
Last Modified: 02 Nov 2016 13:52
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
URI: http://gala.gre.ac.uk/id/eprint/8517

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics