Empirical cointegration nexus among electricity consumption, gross domestic product, population and CO2 emission in Pakistan: by Granger causality method

Ali Jan; Xin-gang Zhao; Ali Anwar Brohi; Muhammad Ibrar

doi:10.1117/12.2691737

24 October 2023 Empirical cointegration nexus among electricity consumption, gross domestic product, population and CO₂ emission in Pakistan: by Granger causality method

Ali Jan, Xin-gang Zhao, Ali Anwar Brohi, Muhammad Ibrar

Author Affiliations +

Proceedings Volume 12804, Second International Conference on Sustainable Technology and Management (ICSTM 2023); 128040W (2023) https://doi.org/10.1117/12.2691737
Event: 2nd International Conference on Sustainable Technology and Management (ICSTM2023), 2023, Dongguan, China

Abstract

The central goal of this study to explores the correlations amongst the electricity consumption, gross domestic product, population and carbon emissions by utilizing annual data from time span of 1970 to 2017 by applying Johansen cointegration test along with the Granger causality approaches Pakistan’s economy. The outcomes shown for Johansen cointegration test that the correlations of long term cointegration exists among these research variables and findings for Granger causality revealed that the bi-variate causal of direction existing between electricity consumptions and carbon emission, and GDP growth and carbon emission, while uni-variate causal of direction exists between population rate and carbons emission in Pakistan. As a result, the research suggests that Pakistan’s economic policies should be updated in order to combat environmental deterioration.

Citation Download Citation

Ali Jan, Xin-gang Zhao, Ali Anwar Brohi, and Muhammad Ibrar "Empirical cointegration nexus among electricity consumption, gross domestic product, population and CO₂ emission in Pakistan: by Granger causality method", Proc. SPIE 12804, Second International Conference on Sustainable Technology and Management (ICSTM 2023), 128040W (24 October 2023); https://doi.org/10.1117/12.2691737

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