RESPONSIVENESS OF ELECTRICITY GENERATION TOWARDS PRICE LEVEL: AN EMPIRICAL INVESTIGATION FROM PAKISTAN

Hafiz Saqib Mehmood Najmi, Furrukh Bashir and Farida Naeem ()
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Hafiz Saqib Mehmood Najmi: Directorate of Staff Development, Punjab, Lahore.
Farida Naeem: Department of Economics, The Islamia University of Bahawalpur, Pakistan.

Pakistan Journal of Humanities and Social Sciences, 2014, vol. 2, issue 1, 18-27

Abstract: TThe purpose of this study is to explore the effect of Electricity Generation on Price level of Pakistan’s Economy during period from 1981 to 2013. ARDL estimation technique is followed for reliable long run and short run estimates of the model. For elasticities of Price level, all variables are transformed into natural log form. Electricity Generation is discovered as declining price level while exports, money supply and external debt are increasing price level of Pakistan.

Keywords: Price Level; Electricity Generation; ARDL; Money Supply; Exports; External Debt (search for similar items in EconPapers)
JEL-codes: C32 E31 E51 H63 O13 Q43 (search for similar items in EconPapers)
Date: 2014
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