This study attempts to estimate the electricity demand function for Pakistan using smooth transition autoregressive model over the period 1971-2012. The empirical results have shown that there is nonlinear relationship between electricity consumption and economic growth and also between...

This study attempts to estimate Pakistan's electricity demand by applying STAR (Smooth Transition Auto-Regressive) model. The covered study period is 41 years – from 1971 to 2012. The results show that the electricity demand follows a non-linear path if the real electricity price is used as a...

This study attempts to examine the impact of various institutions on economic growth using panel data for 56 countries over the period 1981–2010. These impacts have been examined at aggregated level for world representative sample as well as for the sample disaggregated by the development...