Study of relationship between Electricity consumption, foreign assistance and GDP per capita using the ARDL approach: An investigation into Pakistan energy sectorJournal: INTERNATIONAL JOURNAL OF BUSINESS AND MANAGEMENT SCIENCES (Vol.1, No. 1)
Publication Date: 2020-03-31
Authors : Sardar Ahmad Lie Zhang Muhammad Faheem Jan;
Page : 1-14
Keywords : Electricity consumption; foreign assistance; GDP; per Capita; ARDL; Pakistan;
Electricity having a wide range application in both domestic and industrial sectors is a major source of energy generation in Pakistan. Considering its increasing significance, the current study contributes in the area of research by employing ARDL1 approach to study the short-term/long-term relationship between energy consumption, foreign assistance and GDP per capita in Pakistan. The time-series data from 1981-2015 is taken for the study. Empirical results shows no significant relationship between energy consumption and foreign assistance in short-run, a significant relationship between electricity consumption and foreign assistance in the long-run, and again no significant relationship between electricity consumption and GDP per capita both in short-run and long-run.
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