Muhammad Umair | University of Sargodha (original) (raw)
I work as a fleet manager in US market now.
Address: Sargodha, Pakistan
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Papers by Muhammad Umair
Energy Economics, 2004
This note examines the different direction of causal relation between energy consumption and econ... more This note examines the different direction of causal relation between energy consumption and economic growth in India. Applying Engle-Granger cointegration approach combined with the standard Granger causality test on Indian data for the period 1950-1996, we find that bi-directional causality exists between energy consumption and economic growth. Further, we apply Johansen multivariate cointegration technique on the different set of variables. The same direction of causality exists between energy consumption and economic growth. This is different from the results obtained in earlier studies.
Conference Presentations by Muhammad Umair
Energy is the life line of any economy. The blood that courses through its veins be it an agraria... more Energy is the life line of any economy. The blood that courses through its veins be it an agrarian economy or a modernized industrial one. Same is the case with case with the Pakistani Economy where it plays a crucial role in socio-economic development. With the passage of time as rapid development and technological innovation has taken place the utilization of energy resources has also mounted. Therefore, demand for energy has increased instantaneously with time while resources have been squeezed in an already struggling third world economy. Today, more than 30% of the Pakistani populace has no excess to electricity and about 80% haven't got any access to gas. Pakistan ranks 165th out of 218 countries in per capita access to electricity. 2 Pakistan is currently facing energy crisis due to the gap between energy demand and supply. This crisis limits the growth in the economy directly via resource constraint channel and indirectly by as the shortage of energy creates unrest and agitation in the society that leads to closing down of already established production units and reduces the charm for the creation of new ones. This situation is caused due to a combination of factors such as political bankruptcy, lack of farsightedness, an absence of institutional capacity, poor planning, mismanagement and discrepancies in governance.
Energy Economics, 2004
This note examines the different direction of causal relation between energy consumption and econ... more This note examines the different direction of causal relation between energy consumption and economic growth in India. Applying Engle-Granger cointegration approach combined with the standard Granger causality test on Indian data for the period 1950-1996, we find that bi-directional causality exists between energy consumption and economic growth. Further, we apply Johansen multivariate cointegration technique on the different set of variables. The same direction of causality exists between energy consumption and economic growth. This is different from the results obtained in earlier studies.
Energy is the life line of any economy. The blood that courses through its veins be it an agraria... more Energy is the life line of any economy. The blood that courses through its veins be it an agrarian economy or a modernized industrial one. Same is the case with case with the Pakistani Economy where it plays a crucial role in socio-economic development. With the passage of time as rapid development and technological innovation has taken place the utilization of energy resources has also mounted. Therefore, demand for energy has increased instantaneously with time while resources have been squeezed in an already struggling third world economy. Today, more than 30% of the Pakistani populace has no excess to electricity and about 80% haven't got any access to gas. Pakistan ranks 165th out of 218 countries in per capita access to electricity. 2 Pakistan is currently facing energy crisis due to the gap between energy demand and supply. This crisis limits the growth in the economy directly via resource constraint channel and indirectly by as the shortage of energy creates unrest and agitation in the society that leads to closing down of already established production units and reduces the charm for the creation of new ones. This situation is caused due to a combination of factors such as political bankruptcy, lack of farsightedness, an absence of institutional capacity, poor planning, mismanagement and discrepancies in governance.