Coal consumption: An alternate energy resource to fuel economic growth in Pakistan

被引:46
|
作者
Satti, Saqlain Latif [1 ]
Hassan, Muhammad Shahid [2 ]
Mahmood, Haider [3 ]
Shahbaz, Muhammad [3 ]
机构
[1] King Saud Univ, Coll Business Adm, Riyadh, Saudi Arabia
[2] Univ Management & Technol, Dept Econ, Lahore, Pakistan
[3] COMSATS Inst Informat Technol, Dept Management Sci, Lahore, Pakistan
关键词
Pakistan; Economic growth; Coal consumption; TIME-SERIES; UNIT-ROOT; CAUSALITY; COINTEGRATION; ELECTRICITY; TESTS;
D O I
10.1016/j.econmod.2013.09.046
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study is an attempt to revisit the causal relationship between coal consumption and economic growth in case of Pakistan. The present study covers the period of 1974-2010. The direction of causality between the variables is investigated by applying the VECM Granger causality approach. Our findings have exposed that there exists bidirectional Granger causality between economic growth and coal consumption. The Cumulative Sum (CUSUM) and Cumulative Sum of Square (CUSUMSQ) diagrams have not found any structural instability over the period of 1974-2010. (C) 2013 Published by Elsevier B.V.
引用
收藏
页码:282 / 287
页数:6
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