Khattak, Naeem Ur Rehman Khattak and Hussain, Anwar Hussain (2009): Determinants of Gas Energy Consumption in Pakistan: An Econometric Analysis (1971-2006). Published in: PUTAJ Humanities and Social Sciences , Vol. 16, (2009): pp. 57-66.
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The paper evaluates the determinants of gas energy consumption in Pakistan during 1971-2006 using econometric techniques. Time series data ranging from 1971 to 2006 has been taken from Economic Survey of Pakistan (Statistical Supplement, 2006-07). For the analysis of the data, Augmented Dickey Fuller (ADF) test, Jhonson Co-integration test (likelihood ratio statistic) and the method of ordinary least square have been used. The results indicate that 1% each increase in the gas energy consumption in the household, cement, fertilizer, power and industry sector brings 1.04%, 1.03%, 0.95%, 0.97% and 1.37% change in the total energy consumption respectively. The coefficients of all the explanatory variables are statistically significant at both 5% and 1% level of significance. It is recommended to increase the gas energy supply to meet the requirement in the household and industry sector.
|Item Type:||MPRA Paper|
|Original Title:||Determinants of Gas Energy Consumption in Pakistan: An Econometric Analysis (1971-2006)|
|English Title:||Determinants of Gas Energy Consumption in Pakistan: An Econometric Analysis (1971-2006)|
|Keywords:||Determinants; gas; energy; consumption; econometric; analysis|
|Subjects:||B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B22 - Macroeconomics
N - Economic History > N7 - Transport, Trade, Energy, Technology, and Other Services
|Depositing User:||ANWAR HUSSAIN|
|Date Deposited:||16. Oct 2012 20:53|
|Last Modified:||16. Feb 2013 02:11|
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