What is it about?
This study analyzes the relationship between disaggregate energy consumption i.e. oil, coal, gas, and electricity consumption in different sectors with economic growth.
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Why is it important?
Oil consumption in industrial and transport sector, gas consumption in fertilizer and power sector, and electricity consumption in industrial sector have positive and significant impact on economic growth in the long run. However, oil consumption in agricultural and power sector, coal consumption in power and brick kilns sector, gas consumption in cement sector, and electricity consumption in agricultural sector have negative and significant impact on economic growth.
Perspectives
For sustainable energy supply, reduce the consumption of oil and coal to indigenously available resources, however, for sustainable economic growth, encourage industrial sector to use electricity, while fertilizer and power sector to use gas.
Dr Kashif Munir
Al Qasimia University
Read the Original
This page is a summary of: Disaggregate Energy Consumption and Economic Growth in Pakistan: A Sectoral Analysis, International Journal of Energy Economics and Policy, January 2022, EconJournals,
DOI: 10.32479/ijeep.11615.
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