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An Empirical Analysis of Electricity Demand in Pakistan
Abstract
Study utilizes cointegration and vector error correction analysis to determination the long and short run dynamics between electricity demand and its determinants. Study uses time series data for Pakistan from 1970 to 2010. Johansen cointegration test indicate that variables integrate in the long run. Error correction term reflects the convergence of variables towards equilibrium. Electricity acts as a necessity in short run and luxury in long run. Study concludes that effective price and income policies, group pricing policy and peak-load pricing policy should be exercised for electricity demand management.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
December 1, 2011
Submission Date
December 1, 2011
Acceptance Date
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Published in Issue
Year 2011 Volume: 1 Number: 4
APA
Alter, N., & Syed, S. H. (2011). An Empirical Analysis of Electricity Demand in Pakistan. International Journal of Energy Economics and Policy, 1(4), 116-139. https://izlik.org/JA27TH47SF
AMA
1.Alter N, Syed SH. An Empirical Analysis of Electricity Demand in Pakistan. IJEEP. 2011;1(4):116-139. https://izlik.org/JA27TH47SF
Chicago
Alter, Noel, and Shabib Haider Syed. 2011. “An Empirical Analysis of Electricity Demand in Pakistan”. International Journal of Energy Economics and Policy 1 (4): 116-39. https://izlik.org/JA27TH47SF.
EndNote
Alter N, Syed SH (December 1, 2011) An Empirical Analysis of Electricity Demand in Pakistan. International Journal of Energy Economics and Policy 1 4 116–139.
IEEE
[1]N. Alter and S. H. Syed, “An Empirical Analysis of Electricity Demand in Pakistan”, IJEEP, vol. 1, no. 4, pp. 116–139, Dec. 2011, [Online]. Available: https://izlik.org/JA27TH47SF
ISNAD
Alter, Noel - Syed, Shabib Haider. “An Empirical Analysis of Electricity Demand in Pakistan”. International Journal of Energy Economics and Policy 1/4 (December 1, 2011): 116-139. https://izlik.org/JA27TH47SF.
JAMA
1.Alter N, Syed SH. An Empirical Analysis of Electricity Demand in Pakistan. IJEEP. 2011;1:116–139.
MLA
Alter, Noel, and Shabib Haider Syed. “An Empirical Analysis of Electricity Demand in Pakistan”. International Journal of Energy Economics and Policy, vol. 1, no. 4, Dec. 2011, pp. 116-39, https://izlik.org/JA27TH47SF.
Vancouver
1.Noel Alter, Shabib Haider Syed. An Empirical Analysis of Electricity Demand in Pakistan. IJEEP [Internet]. 2011 Dec. 1;1(4):116-39. Available from: https://izlik.org/JA27TH47SF