Energy Crisis and Performance of Industry of Pakistan: An Empirical Study

Abdullah Muhammad Ibrahim, Liu Wei, Waseem Anwar and Umair Saeed Bhutta
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Liu Wei: School of Economics & Business Administration, Chongqing University, Chongqing, China
Waseem Anwar: Dokuz Eylul University, Izmir, Turkey
Umair Saeed Bhutta: Wuhan University of Technology, Wuhan, China

Bulletin of Energy Economics (BEE), 2013, vol. 1, issue 3, 21-27

Abstract: This study investigates the impact of energy crisis on the financial performance of the different industries in Pakistan. The performance has been measured by return on assets ratio (ROA). The performance of all the KSE listed companies from five major industries of Pakistan has been observed for the period of six years (2004 to 2009). For descriptive and paired sample mean comparison, sample has divided into two, pre and post energy crisis. Results of the study suggested that performance of the companies have decreased significantly because of energy crisis in Pakistan. Industry wise analysis revealed that Textile, Cement and Engineering Industries badly affected by energy crisis. However impact of energy crisei on Sugar and Chemical industry is insignificant.

Keywords: Energy Crisis; Performance of Industry; Pakistan (search for similar items in EconPapers)
JEL-codes: C22 F18 Q43 Q53 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (4)

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