EconPapers    
Economics at your fingertips  
 

Is energy consumption sensitive to foreign capital inflows and currency devaluation in Pakistan?

Muhammad Shahbaz (), Amatul Razzaq Chaudhary and Syed Jawad Hussain Shahzad ()

Applied Economics, 2018, vol. 50, issue 52, 5641-5658

Abstract: This study investigates the relationship between foreign capital inflows and energy consumption by incorporating economic growth, exports and currency devaluation in energy demand function for the case of Pakistan. The long-run and short-run effects are examined via ARDL bounds testing procedure. Foreign capital inflows and currency devaluation (economic growth and exports) decrease (increase) energy consumption in long-run. The results confirm a feedback effect between foreign capital inflows and energy consumption. These findings would be helpful to policy makers in designing comprehensive economic and energy policies for utilizing foreign capital inflows as a tool for optimal use of energy sources to enhance economic development in long run.

Date: 2018
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1080/00036846.2018.1488059 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Is Energy Consumption Sensitive to Foreign Capital Inflows and Currency Devaluation in Pakistan? (2018) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:applec:v:50:y:2018:i:52:p:5641-5658

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2019-12-13
Handle: RePEc:taf:applec:v:50:y:2018:i:52:p:5641-5658