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Öğe Analysis of asymmetries in the nexus among clean energy and environmental quality in Pakistan(2020) Öztürk, İlhan; Usman, Ahmed; Ullah, Sana; Chishti, Muhammad Zubair; Zafar, Syeda MariaThis study examines the short-run and long-run asymmetric effects of clean energy consumption on carbon emission in Pakistan, over the annual time period 1975–2018, by using a non-linear ARDL approach. The findings of the study confirm the existence of asymmetries, in the nexus between the clean energy consumption and carbon emission in the short and long run. The findings of non-linear model confirm that carbon emission responded contrary to positive shocks of energy variables as compared with their negative shocks. Asymmetric findings recommend that positive and negative shocks of the alternative and nuclear energy and combustible and waste energy have affected differently. Although, short- and long-run results suggest an insignificant positive and negative relationship between electric power consumption and carbon emissions. Therefore, more taxation of non-renewable energy and clean energy supports are suggested for the Pakistan economy. We concluded that Pakistan has potential in clean energy which will improve environmental quality in the near future.Öğe The effect of ICT on energy consumption and economic growth in South Asian economies: An empirical analysis(Elsevier, 2021) Usman, Ahmed; Ozturk, Ilhan; Hassan, Ali; Zafar, Syeda Maria; Ullah, SanaThis study contributes to the literature by analyzing the effects of information and communication technology (ICT) on economic performance and energy consumption of selected South Asian economies i.e. Bangladesh, India, Pakistan and Sri Lanka for the period of 1990-2018. For empirical analysis, we employed the bounds testing approach of cointegration and error correction modelling. The findings of the study confirm that, in the long-run, ICT significantly and positively contributed to the economic growth of India only. Similarly, India is the only country in South Asia that has achieved energy efficiency as a result of increased use of ICT. However, energy consumption proved to be an important determinant of GDP per capita in India and Pakistan. Also, GDP per capita has a positive and significant impact on energy consumption in both India and Pakistan. These results imply that South Asian economies try to follow their regional partner, India, in increasing the role of ICT in their economies, which on one side will boost their economic growth and on the other side will help them in achieving energy efficiency. Moreover, the energy conservation policy could prove detrimental to South Asian economies.