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PAKISTAN’S ENERGY CHOICE: WHAT DETERMINES THE ECONOMIC GROWTH?

Nayeem ul Hassan Ansari () and Anwar Irshad Burney ()
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Nayeem ul Hassan Ansari: PhD Scholar, KASBIT, Karachi & Assistant Professor at DIHE
Anwar Irshad Burney: PhD Supervisor, KASBIT, Karachi

IBT Journal of Business Studies (JBS), 2018, vol. 14, issue 1, 14-1

Abstract: Purpose Over a decade Pakistan has been facing severe electricity crisis. The electricity crises and load shedding of more than 10 hours in a day hampers all the economic activities both in rural & urban areas. The purpose of the study was to find out the association between Electricity generation resources (Energy Mix) and Economic growth. Methodology- The study is quantitative in nature. Secondary data of energy generation of 46 years, from 1071 to 2016 has been taken from Economic survey of Pakistan for the statistical tests. ADF test was conducted to check the Stationery of the data. Later cointegaration test was conducted to check the association among variables. Findings- The key findings of the study were that in short term energy resources from Hydel & Thermal determine the Economic Growth. Whereas, in long run only energy generation from thermal sources has positive impact on Economic Growth. 1. Nayeem ul Hassan Ansari - bkansari@googlemail.com 2. Anwar Irshad Burney - anwarburney@gmail.com ©ILMA-JBS is published by the Ilma University – Formerly IBT Main Ibrahim Hydri Road, Korangi Creek, Karachi-75190, Pakistan and the management of the Ilma University – Formerly IBT *The material presented by the author does not necessarily portray the view point of the editors Anwar Irshad Burney PhD Supervisor, KASBIT, Karachi Implications- For a developing country like Pakistan, attainment of ideal energy mix is the key for energy crises. The current study is very much helpful for the policy makers for the decision of ideal energy mix for Electricity generation which is not only the economical one but also sustainable for the country.

Keywords: Electricity Generation; Economic Growth (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:aib:ibtjbs:v:14:y:2018:i:1:p:14-1

DOI: 10.46745/ilma.ibtjbs.2018.141.01

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