Electricity consumption and economic growth empirical evidence from Pakistan

Muhammad Shahbaz and Mete Feridun

No 8517, Greenwich Papers in Political Economy from University of Greenwich, Greenwich Political Economy Research Centre

Abstract: The present article uses the Autoregressive Distributed Lag (ARDL) bounds testing procedure to identify the long run equilibrium relationship between electricity consumption and economic growth. Toda-Yamamoto and Wald-test causality tests have identified the direction of the causal relationship between these two variables in the case of Pakistan in the period between 1971 and 2008. Ng-Perron and Clement-Montanes-Reyes unit root tests are used to handle the problem of integrating orders for variables. The results suggest that the two variables are in a long run equilibrium relationship and economic growth leads to electricity consumption and not vice versa.

Keywords: electricity consumption; economic growth; Pakistan; causality (search for similar items in EconPapers)
Date: 2012-08
References: Add references at CitEc
Citations: View citations in EconPapers (93)

Published in Quality & Quantity 5.46(2012): pp. 1583-1599

Downloads: (external link)
http://gala.gre.ac.uk/id/eprint/8517/1/Electricity ... _economic_growth.pdf
Our link check indicates that this URL is bad, the error code is: 401 Unauthorized (http://gala.gre.ac.uk/id/eprint/8517/1/Electricity_consumption_and_economic_growth.pdf [301 Moved Permanently]--> https://gala.gre.ac.uk/id/eprint/8517/1/Electricity_consumption_and_economic_growth.pdf)

Related works:
Journal Article: Electricity consumption and economic growth empirical evidence from Pakistan (2012)
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:gpe:wpaper:8517

Access Statistics for this paper

More papers in Greenwich Papers in Political Economy from University of Greenwich, Greenwich Political Economy Research Centre Contact information at EDIRC.
Bibliographic data for series maintained by Nadine Edwards ().