Responsiveness of Electricity Generation Towards Price Level: An Empirical Investigation from Pakistan

Pakistan Journal of Humanities and Social Sciences, Jan-June 2014, Volume 2, No. 1, Pages 18-27

10 Pages Posted: 12 Jan 2016

See all articles by Hafiq Saqib Najmi

Hafiq Saqib Najmi

Lahore Leads University

Dr. Furrukh Bashir

University of the Punjab (PU) - Department of Economics; The Islamia University of Bahawalpur, Pakistan

Farida Nadeem

The Islamia University of Bahawalpur, Pakistan

Date Written: January 12, 2016

Abstract

The purpose of this study is to explore the effect of Electricity Generation on Price level of Pakistan’s Economy during period from 1981 to 2013. ARDL estimation technique is followed for reliable long run and short run estimates of the model. For elasticities of Price level, all variables are transformed into natural log form. Electricity Generation is discovered as declining price level while exports, money supply and external debt are increasing price level of Pakistan.

Keywords: Price Level, Electricity Generation, ARDL, Money Supply, Exports, External Debt

JEL Classification: C32, E31, E51, H63, O13, Q43

Suggested Citation

Najmi, Hafiq Saqib and Bashir, Furrukh and Nadeem, Farida, Responsiveness of Electricity Generation Towards Price Level: An Empirical Investigation from Pakistan (January 12, 2016). Pakistan Journal of Humanities and Social Sciences, Jan-June 2014, Volume 2, No. 1, Pages 18-27. Available at SSRN: https://ssrn.com/abstract=2714215

Hafiq Saqib Najmi (Contact Author)

Lahore Leads University ( email )

Lahore
Pakistan

Furrukh Bashir

University of the Punjab (PU) - Department of Economics ( email )

Lahore
Pakistan

The Islamia University of Bahawalpur, Pakistan ( email )

Bahawalpur, Punjab 63100
Pakistan

Farida Nadeem

The Islamia University of Bahawalpur, Pakistan ( email )

Bahawalpur, Punjab 63100
Pakistan

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