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Pakistan: Energy Consumption and Economic Growth

Author

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  • T. RIA

    (Newcastle-lipon-Tyne Polytechnic, Newcastle-upon-Tyne (UK).)

Abstract

After the Arab oil embargo of 1973, oil prices rose rapidly and the energyimporting economies experienced an exogenously determined real supply shock, which, in most cases,led to a fall in their rates of economic growth and a correspond- I ing rise in the rates of inflation.) The energy situation emerged as a serious issue and the relationship between energy consumption and economic growth came into sharp focus. The last decade has been a period of disequilibrium, structural adjustment and adoption of strategies to cope with the previously unknown phenomenon of stagflation.

Suggested Citation

  • T. Ria, 1984. "Pakistan: Energy Consumption and Economic Growth," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 23(2-3), pages 431-456.
    • Handle: RePEc:pid:journl:v:23:y:1984:i:2-3:p:431-456
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    File URL: http://www.pide.org.pk/pdf/PDR/1984/Volume2-3/431-456.pdf
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    Cited by:

    1. Hasan Raza & Zaeema Asrar Mohiuddin & Syed Shahid Zaheer Zaidi & Ahmed Osama, 2018. "CPEC: Pakistan-China Cordial Ties - A Boost to Pakistan's Economy," Journal of Accounting, Business and Finance Research, Scientific Publishing Institute, vol. 2(1), pages 1-6.
    2. Shahbaz, Muhammad, 2017. "Current Issues in Time-Series Analysis for the Energy-Growth Nexus; Asymmetries and Nonlinearities Case Study: Pakistan," MPRA Paper 82221, University Library of Munich, Germany, revised 19 Oct 2017.
    3. Khan, Muhammad Arshad & Abbas, Faisal, 2016. "The dynamics of electricity demand in Pakistan: A panel cointegration analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 1159-1178.
    4. Muhammad Imran Khan & Muhammad Waqas, 2014. "Dynamic Relationship between Energy Consumption and Economic Growth: Evidence from Pakistan," Journal of Empirical Economics, Research Academy of Social Sciences, vol. 3(1), pages 31-42.
    5. Muhammad Arshad Khan & Abdul Qayyum, 2009. "The demand for electricity in Pakistan," OPEC Energy Review, Organization of the Petroleum Exporting Countries, vol. 33(1), pages 70-96, March.

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