scholarly journals NEXUS BETWEEN ECONOMIC GROWTH, HEALTH, AND EDUCATION IN PAKISTAN: AN ARDL BOUND TESTING APPROACH

2021 ◽  
Vol 11 (6) ◽  
pp. 56-65
Author(s):  
Rimsha Javed
Author(s):  
Abdul Rehman ◽  
Muhammad Irfan ◽  
Sehresh Hena ◽  
Abbas Ali Chandio

Purpose The purpose of this paper is to explore and investigate the electricity consumption and production and its linkage to economic growth in Pakistan. Design/methodology/approach The authors used an augmented Dickey–Fuller unit root test to check the stationarity of the variables, while an autoregressive distributed lag (ARDL) bounds testing approach and causality test were applied to investigate the variables long-term association with the economic growth. Findings The study results show that electricity consumption in the agriculture, commercial and industrial sector has significant association with economic growth, while electricity consumption in the household and street lights demonstrate a non-significant association with the economic growth. Furthermore, results also exposed that electricity production from coal, hydroelectric, natural gas, nuclear and oil sources have significant association with the economic growth of Pakistan. Originality/value This study made a contribution to the literature regarding electricity consumption and production with economic growth in Pakistan by using an ARDL bounds testing approach and causality test. This study provides a guideline to the government of Pakistan that possible steps are needed to improve the electricity production and supply to fulfill the country demand.


2018 ◽  
Vol 9 (4) ◽  
pp. 786
Author(s):  
Adedoyin Isola LAWAL ◽  
Abiola John ASALEYE ◽  
Joseph ISEOLORUNKANMI ◽  
Olabisis Rashidat POPOOLA

Drawing from three tourism-growth theories: tourism led growth theory; growth led tourism theory; tourism – growth neutrality theory; and one agriculture-growth nexus theory – agriculture overlapping theory, this study used the autoregressive distributed lag (ARDL) bound testing approach to examine whether or not cointegration exist among economic growth, agricultural output and tourism development in Nigeria. We intend to know what policy instruments need to be manipulated so as to achieve economic growth, increase agricultural output and enhance tourism development. From the results, it is evidence that a two –way cointegration exists between economic growth and agricultural output on the one hand, and between economic growth and tourism development on the other hand. The study also observed that a compelling long run relationship exist between agricultural output and tourism development. To achieve sustainable economic growth, policy makers are advised to pursue heavy investment in the tourism industry, adopts improved farming strategies driven by simple technology among others.


Author(s):  
Abdul Rehman ◽  
Zhang Deyuan

The major aim of this study was to investigate and explores the linkage between economic growth, electricity access, energy use and population growth in Pakistan. To check the variables stationarity, Augmented Dickey-Fuller (ADF) and Phillips-Perron unit root test was applied and an Autoregressive Distributed Lag (ARDL) bounds testing approach to co-integration was applied to investigate the dynamic causality link among the study variables. These tests shed light on the long-run connection among the variables; further, the results revealed that electricity access to population, electricity access to urban population, energy usage, population growth, and urban population growth had a significant impact on economic growth, while the electricity access to rural population and rural population growth has a negative impact on the economic growth in Pakistan. According to these findings, study commends that government of Pakistan pay further attention to increase its electricity production from different sources including, hydroelectric, solar, oil and gas and nuclear in order to fulfill the country’s demands. By using ARDL bounds testing approach, this study filled the literature gap regarding economic growth, electricity access, energy use and population growth in Pakistan.


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