Does electricity production from different sources in Pakistan have dominant contribution to economic growth? Empirical evidence from long-run and short-run analysis

Abstract

This paper investigates the electricity production from different sources in Pakistan, and the contribution of these sources to economic growth. An ADF (Augmented Dickey-Fuller) unit root test was used to check the variables stationarity, while an ARDL bounds testing approach was used to check the long-term relationship among the study variables. Results illustrate that electricity produced from coal, hydropower, natural gas and nuclear sources has a significant influence on the economic growth of Pakistan.