Abstract
Energy arguably plays a substantial part in the economic growth process. Henceforth, a bulk of studies have endeavored to examine the linkages between energy consumption
and economic growth; however, no consensus emerged. Current study is an attempt to explore
the long run ties for energy consumption and energy intensity with economic growth, urbanization, trade openness, and financial development by employing ARDL cointegration in case
of Pakistan for the period of 1985 to 2017. Results postulate that trade openness has a positive
impact on energy consumption, while urbanization and financial development have a negative influence. As far as sectoral analysis is concerned, agriculture and manufacturing share
has a positive impression on energy while the services sector has a negative effect.
Oshin Khan, Muhammad Zeeshan Younas. (2020) Interaction Between Energy Consumption and Economic Growth: Empirical Evidence from Pakistan, Jinnah Business Review, Volume 8, Issue 2.
-
Views
1038 -
Downloads
75
