IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this article

Disaggregate Energy Consumption, Agricultural Output and Economic Growth in Pakistan

Listed author(s):
  • Muhammad Zahir Faridi

    (Bahauddin Zakariya University, Multan, Pakistan)

  • Ghulam Murtaza

    (Bahauddin Zakariya University, Multan, Pakistan)

The basic goal of the study is to analyse the impact of energy consumption (i.e., electricity, oil and gas) on economic growth and agriculture sector output in Pakistan. It is desirable to find out relationship between disaggregate energy consumption, economic growth and agricultural sector output of Pakistan because energy crisis has become a central issue now-a-days. Production sector of Pakistan relies on electricity and gas consumption to large extent and these sources of energy are falling short because of many reasons which is disrupting output and consequently exports and real output of the country. To analyse the relationship, we employed time series data from 1972 to 2011. In order to find out long run and short run effects of energy consumption on agricultural output and economic growth, ARDL modelling approach to cointegration is applied after scrutinising the stationarity of data through ADF Test. Where, bound testing procedure is utilised for cointegration to judge the existence of long run relationship among variables and ECM models are formulated for short run analysis. Our econometric models include agricultural output and economic growth as dependant variables and electricity, coal and gas consumption as independent and core variables. The findings of the study indicate that gas and oil consumption are important determinants of economic growth and agricultural output.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.pide.org.pk/pdf/PDR/2013/Volume4/493-516.pdf
Download Restriction: no

Article provided by Pakistan Institute of Development Economics in its journal The Pakistan Development Review.

Volume (Year): 52 (2013)
Issue (Month): 4 ()
Pages: 493-516

as
in new window

Handle: RePEc:pid:journl:v:52:y:2013:i:4:p:493-516
Contact details of provider: Postal:
P.O.Box 1091, Islamabad-44000

Phone: (92)(51)9248051
Fax: (92)(51)9248065
Web page: http://www.pide.org.pk
Email:


More information through EDIRC

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as
in new window


  1. Pesaran, M. H. & Shin, Y. & Smith, R. J., 1996. "Testing for the 'Existence of a Long-run Relationship'," Cambridge Working Papers in Economics 9622, Faculty of Economics, University of Cambridge.
  2. Paul, Shyamal & Bhattacharya, Rabindra N., 2004. "Causality between energy consumption and economic growth in India: a note on conflicting results," Energy Economics, Elsevier, vol. 26(6), pages 977-983, November.
  3. Sarfraz Khan Qureshi & Akhtiar H. Shah, 1992. "A Critical Review of Rural Credit Policy in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 31(4), pages 781-801.
  4. Khan, Mohsin S. & Reinhart, Carmen M., 1990. "Private investment and economic growth in developing countries," World Development, Elsevier, vol. 18(1), pages 19-27, January.
  5. Oh, Wankeun & Lee, Kihoon, 2004. "Energy consumption and economic growth in Korea: testing the causality relation," Journal of Policy Modeling, Elsevier, vol. 26(8-9), pages 973-981, December.
  6. Mozumder, Pallab & Marathe, Achla, 2007. "Causality relationship between electricity consumption and GDP in Bangladesh," Energy Policy, Elsevier, vol. 35(1), pages 395-402, January.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:pid:journl:v:52:y:2013:i:4:p:493-516. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Khurram Iqbal)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.