Electricity consumption and economic growth: evidence from Pakistan
AbstractThe objective of this study is to examine the long run relationship between real GDP per capita and electricity consumption for Pakistan over the period 1971 to 2010. The results reveal that there is unidirectional causality from electricity consumption to real GDP per capita. The findings of the study also show that there is long run relationship between real GDP per capita and electricity consumption. The results indicate a unidirectional causal relationship from real economic activity to electricity consumption at aggregate level indicating that economic development stimulates greater demand for electricity in the long-run.
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Bibliographic InfoArticle provided by Oviedo University Press in its journal Economics and Business Letters.
Volume (Year): 2 (2013)
Issue (Month): 1 ()
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Other versions of this item:
- Javid, Attiya Yasmin & Muhammad, Javid & Awan, Zahid Ashraf, 2012. "Electricity consumption and economic growth: evidence from Pakistan," MPRA Paper 48011, University Library of Munich, Germany, revised 01 Oct 2012.
- A1 - General Economics and Teaching - - General Economics
- E2 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment
- E21 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
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