Are Sectoral Outputs in Pakistan Led by Energy Consumption?
We investigate the relationships between energy consumption and the outputs of the main economic sectors in Pakistan, where energy shortage is a major challenge faced by the economy. It is found that services and industrial output, which make up of fourth-fifth of Pakistan gross domestic product, are not led by energy consumption in the country. Hence, the government of Pakistan could impose energy conservation measures on these two sectors with little or no adverse effect on the growth of these sectors.
Volume (Year): 32 (2012)
Issue (Month): 3 ()
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- Kwiatkowski, Denis & Phillips, Peter C. B. & Schmidt, Peter & Shin, Yongcheol, 1992.
"Testing the null hypothesis of stationarity against the alternative of a unit root : How sure are we that economic time series have a unit root?,"
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- Denis Kwiatkowski & Peter C.B. Phillips & Peter Schmidt, 1991. "Testing the Null Hypothesis of Stationarity Against the Alternative of a Unit Root: How Sure Are We That Economic Time Series Have a Unit Root?," Cowles Foundation Discussion Papers 979, Cowles Foundation for Research in Economics, Yale University.
- Chebbi, Houssem Eddine & Boujelbene, Y., 2008. "Agricultural and non-agricultural outputs and energy consumption in Tunisia: empirical evidences from cointegration and causality," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44055, European Association of Agricultural Economists.
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