Does urbanization cause increasing energy demand in Pakistan? Empirical evidence from STIRPAT model
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Dosyalar
Tarih
2017
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Pergamon-Elsevıer Scıence ltd
Erişim Hakkı
info:eu-repo/semantics/closeAccess
Özet
This paper reinvestigates the relationship between urbanization and energy consumption in case of Pakistan for the period of 1972Q1-2011Q4 by employing the STIRPAT (Stochastic Impact by Regression on Population, Affluence and Technology) model. We have employed the ARDL bounds testing approach to cointegration in the presence of structural breaks stemming in the series to count for these missing elements in other studies. Finally, the VECM Granger causality approach has been applied to examine the causal relationship between the variables. Our results show that urbanization adds in energy consumption. Affluence (economic growth) increases energy demand. Technology has positive impact on energy consumption. An increase in transportation is positively linked with energy consumption. The causality analysis indicates the unidirectional causality running from urbanization to energy consumption.
Açıklama
WOS: 000399267100008
Anahtar Kelimeler
Urbanization, Energy Demand, STIRPAT, Pakistan
Kaynak
Energy
WoS Q Değeri
Q1
Scopus Q Değeri
Q1
Cilt
122
