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Determinants of Economic indicators for Electricity Consumption in Pakistan

Daha, Muhammad Abubakr Khan LU (2012) EKHR21 20111
Department of Economic History
Abstract (Swedish)
Economic Growth is often cited as a driving force behind electricity consumption. Pakistan has an under-developed Electricity Sector, and this restrains the economic activities in the country. Load-shedding, which are power outages scheduled by the government, are a frequent occurrence, and these outages affect all sectors of the Pakistani economy. The Energy Crisis (based on electricity shortage), Pakistan faces have serious implications for its economic growth. This study examines the relationship between the consumption of electricity and growth in economic variables such as agriculture, manufacturing and service sectors. It also looks at how increase in population and urbanization quantify the pressure on the electricity resources of... (More)
Economic Growth is often cited as a driving force behind electricity consumption. Pakistan has an under-developed Electricity Sector, and this restrains the economic activities in the country. Load-shedding, which are power outages scheduled by the government, are a frequent occurrence, and these outages affect all sectors of the Pakistani economy. The Energy Crisis (based on electricity shortage), Pakistan faces have serious implications for its economic growth. This study examines the relationship between the consumption of electricity and growth in economic variables such as agriculture, manufacturing and service sectors. It also looks at how increase in population and urbanization quantify the pressure on the electricity resources of Pakistan. The Empirical Approach is based on VAR-model estimation for short-run analysis and Vector Error Correction Model for long-run analysis; from period 1960 to 2009. The empirical results suggest that in the short-run agriculture growth significantly and positivity effects energy consumption. In the long-run GDP growth leads to increase in electricity consumption; this affirms with the previous studies. Services sector growth is found to be the driving-force for electricity consumption, and in demographical indicators urbanization growth and population growth have great impact on the growth of electricity consumption. (Less)
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author
Daha, Muhammad Abubakr Khan LU
supervisor
organization
course
EKHR21 20111
year
type
H1 - Master's Degree (One Year)
subject
keywords
Electricity Consumption, Electricity Demand, Electricity Crisis, Energy Crisis
language
English
id
2366084
date added to LUP
2012-03-12 15:53:02
date last changed
2012-03-12 15:53:02
@misc{2366084,
  abstract     = {Economic Growth is often cited as a driving force behind electricity consumption. Pakistan has an under-developed Electricity Sector, and this restrains the economic activities in the country. Load-shedding, which are power outages scheduled by the government, are a frequent occurrence, and these outages affect all sectors of the Pakistani economy. The Energy Crisis (based on electricity shortage), Pakistan faces have serious implications for its economic growth. This study examines the relationship between the consumption of electricity and growth in economic variables such as agriculture, manufacturing and service sectors. It also looks at how increase in population and urbanization quantify the pressure on the electricity resources of Pakistan. The Empirical Approach is based on VAR-model estimation for short-run analysis and Vector Error Correction Model for long-run analysis; from period 1960 to 2009. The empirical results suggest that in the short-run agriculture growth significantly and positivity effects energy consumption. In the long-run GDP growth leads to increase in electricity consumption; this affirms with the previous studies. Services sector growth is found to be the driving-force for electricity consumption, and in demographical indicators urbanization growth and population growth have great impact on the growth of electricity consumption.},
  author       = {Daha, Muhammad Abubakr Khan},
  keyword      = {Electricity Consumption,Electricity Demand,Electricity Crisis,Energy Crisis},
  language     = {eng},
  note         = {Student Paper},
  title        = {Determinants of Economic indicators for Electricity Consumption in Pakistan},
  year         = {2012},
}