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The present study investigates the impact of energy consumption on real GDP, capital stock, and labor force using annual data for the period of 1971-2012. For empirical analysis, it employs the Structural Vector Auto-regression (SVAR) framework. The results reveal that economic growth increases...
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The present study investigates the relationship between energy (renewable and nonrenewable) consumption and economic growth using Cobb–Douglas production function in case of Pakistan over the period of 1972–2011. We have used the ARDL bounds testing and Gregory and Hansen (1990) structural...
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The agricultural sector provides the majority of employment in Pakistan, especially among the poorest segments of the population. Energy provision affects production and livelihoods, especially with the advance of mechanization in agriculture.Changes in gas and electricity prices affect the...
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