DOI: 10.1016/j.enpol.2020.112087
论文题名: Revisiting electricity consumption, price, and real GDP: A modified sectoral level analysis from Pakistan
作者: Abbasi K.R. ; Abbas J. ; Mahmood S. ; Tufail M.
刊名: Energy Policy
ISSN: 03014215
出版年: 2021
卷: 149 语种: 英语
中文关键词: Economic growth
; Electricity determinants
; Pakistan
; Urbanization
; VECM
英文关键词: Agricultural robots
; Agriculture
; Energy policy
; Error correction
; Housing
; Population statistics
; Agricultural sector
; Co-integration tests
; Economic policies
; Electricity prices
; Electricity-consumption
; Residential sectors
; Sustainable energy
; Vector error correction model
; Electric power utilization
; cointegration analysis
; economic growth
; electricity supply
; energy use
; error correction
; Gross Domestic Product
; price dynamics
; urbanization
; Pakistan
英文摘要: A sustainable energy mix leads to stable and long-term economic goals in which sectors play an essential role. Therefore, the study explores the relationship between electricity consumption (EC), electricity price (EP), and real GDP at the various sectors and general levels from the period 1970–2018 in Pakistan by using the Johansen Co-integration test and Vector Error Correction Model (VECM). The selected sectors are as follows; agricultural, commercial, industrial, and residential also cumulatively. Each sector regress with EC, EP, GDP, other electricity consumption (OEC), and urbanization population growth (UPG) determinants. The outcomes indicate the long-run relationship between industrial, residential sectors, and cumulative. However, commercial and agricultural sectors also revealed a long-run relationship, while feedback effects were found in EC and EP. Furthermore, the short-run causality found in all sectors except cumulative UPG to GDP, agricultural OEC to EP, commercial, EC to GDP, industrial UPG to EC, and UPG to GDP in residential whereas UPG strongly exogenous effect on the commercial and residential sector and OEC misuse causes the wastage of EC and increasing of price. The research findings could be beneficial for policymakers, and electricity management is essential to strengthening long-lasting economic policies. © 2020 Elsevier Ltd Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167647
Appears in Collections: 气候变化与战略
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作者单位: School of Economics, Shanghai University, No. 99 Shangda Road, Baoshan Campus, Baoshan District, Shanghai, China; Antai College of Economics and Management (ACEM), Shanghai Jiao Tong University, Shanghai, 200240, China; College of Management, Shenzhen University, No.3688 Nanhai Avenue, Nanshan District, Shenzhen, 518060, China; School of Economics and Finance, Xi'an Jiaotong University, China
Recommended Citation:
Abbasi K.R.,Abbas J.,Mahmood S.,et al. Revisiting electricity consumption, price, and real GDP: A modified sectoral level analysis from Pakistan[J]. Energy Policy,2021-01-01,149