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文章基本信息

  • 标题:Causality between Energy Consumption and Economic Growth in Pakistan
  • 本地全文:下载
  • 作者:Noor-e-Sahar Pathan ; Munir A. Abbasi
  • 期刊名称:European Journal of Business and Management
  • 印刷版ISSN:2222-2839
  • 电子版ISSN:2222-2839
  • 出版年度:2014
  • 卷号:6
  • 期号:4
  • 页码:46-53
  • 语种:English
  • 出版社:The International Institute for Science, Technology and Education (IISTE)
  • 摘要:The objective of this study is to examine the causality between energy consumption and economic growth in Pakistan over the period of 1991 to 2006. Pakistan has been facing severe energy crises in the current period and the condition is deteriorating day by day. By applying technique of Granger causality and unit root test, the results infer that electric power consumption is granger causing GDP growth. The implications of the study are that energy conservation policy regarding consumption of energy would not lead to any side-effects on economic growth in Pakistan. The country needs a quantum jump in electricity generation in medium-term scenario to revert the possibilities of load shedding in future due to shrinking gap between demand and supply of electricity.
  • 关键词:Granger test; GDP; energy consumption.
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