The energy short fall and its after effects (a case study for Karachi city in context to Karachi electric supply corporation)
AbstractThis paper is an attempt to interrogate and examine the unstoppable short fall of energy which has been paralyzing the life of Karachi for decades. The monthly data for the period of Jan-2009 to Dec-2011 has been interrogated while using the Pearson correlation, Vector Auto regression (VAR) and Tobit model, to conclude the bottom line. The findings reveal that there is a vast difference between the actual demand and actual supply of energy i.e. energy shortfall for the various segments of Karachi city which include house hold and industrial consumptions both, and such overwhelming gap causes Load shedding for every now and then, and made the life of this city even difficult but this load shedding to overcome the stated gap does not reduce it empirically and historically. The paper also confirms that it is the short fall which decides the per unit price of energy use for both the households and industries.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 37663.
Date of creation: 2012
Date of revision:
Publication status: Published in Science Series Data Report 2.4(2012): pp. 42-49
Energy; Electricity; Vector Auto Regression; Tobit Model; Energy Short Fall;
Find related papers by JEL classification:
- N7 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services
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- Muhammad Nasir & Muhammad Salman Tariq & Ankasha Arif, 2008. "Residential Demand for Electricity in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 47(4), pages 457-467.
- Hasan, Syed Akif & Subhani, Muhammad Imtiaz & Osman, Ms. Amber, 2012. "KESC’s Performance, is it due to the Financial Crisis at KESC?," MPRA Paper 39095, University Library of Munich, Germany.
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