Impact of Electricity Crisis on Industrial Growth in Pakistan: A Multiple Regression Analysis Approach
Journal Title: International Journal of Academic Research in Business and Social Sciences - Year 2019, Vol 8, Issue 9
Abstract
Purpose- This study examines the impact of electricity crisis on industrial growth in Pakistan. It is second largest sector of economy in terms of GDP contribution but due to electricity crisis in Pakistan industrial growth has decreased from 4.5% to 3.6% in 2015. The overall electricity demand is growing in Pakistan since 2000. NEPRA (2016) indicates that annual growth of electricity consumption also reduced from 3.31% to 0.24% in 2015. Design/methodology/approach- Time series data from 2005-2015 has been used for analysis. Data is collected from various sources that include Asian Development Bank and National Electric Power Regulatory Authority (NEPRA). Industrial growth output percentage, industrial annual growth rate of electricity consumption percentage, industrial consumer percentage, industrial electricity consumption percentage and Industrial electricity consumption Gwh variables are taken for analysis. Data will be analyzed through statistical technique multiple regression analysis in SPSS version 17. Findings- Based on results, all studied variables are found to have significant and positive impact on industrial growth output percentage. Originality/value- In previous studies research scholars investigated overall energy crisis impact on GDP of any economy. This study gives insight into industrial sector of Pakistan and this study can be extended to other less developed countries which are also facing electricity crisis in their respective countries.
Authors and Affiliations
Ikramuddin Junejo, Jawad Raza Khoso
Keywords
Related Articles
- EP ID EP567206
- DOI 10.6007/IJARBSS/v8-i9/4659
- Views 100
- Downloads 0
Characteristics of Effective Assatizah in Higher Religious Institutions (HRIs)
With the increase numbers of students registered in Tahfiz Higher Religious Institutions (HRIs) to pursue their Degree Diploma, shows that in recent years, studies in the field of Quranic are getting more encouraging res...
Prophet Characters: Benchmark for Code of Ethics for Directors
The purpose of this paper is to explore the director’s work ethics particularly on Islamic perspectives and prophetic character towards sustaining the performance of the Islamic business organisations. The paper highligh...
The Views of Fuqaha on the Permissibility and Prohibition of Milk Bank
Milk Bank is something common in other countries. In fact, it is widely established in the United States, United Kingdom and other developed nations. The main objective of such establishment is to save lives of babies es...
Spiritual Entrepreneurship Education in Islamic Boarding School: A Case Study at Pondok Pesantren Sidogiri Pasuruan, Each Jawa, Indonesia
Islam governs human life so that they are happy and safe in the world until akhirat (hereafter), Allah SWT has ruled the believers to enter in the rules of Islam as a whole (kaffah), both life individually and socially,...
Method Integrated Problem-Based Learning (PBL) with Students’ Academic Achievement in Economics Education
Problem-Based Learning (PBL) aims, among other things, to increase students’ active learning and decrease their experience of passive learning which occurs in lectures. The focus of this study is on PBL methodology and a...