Symmetric and Asymmetric Impacts of Commercial Energy Distribution from Key Sources on Economic Progress in Pakistan

This paper aims to determine the interaction of commercial energy distribution, including the installed capacity of hydroelectric energy, hydroelectric energy generation, the installed capacity of thermal energy, thermal energy generation, the installed capacity of nuclear energy, and nuclear energy...

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Autores principales:	Abdul Rehman, Rasim Ozcan, Waqar Badshah, Magdalena Radulescu, Ilhan Ozturk
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	energy supply thermal energy economic progress nuclear energy symmetric and asymmetric analysis Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/77e0b416edf3474192d6c26113287327
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spelling	oai:doaj.org-article:77e0b416edf3474192d6c261132873272021-11-25T19:03:11ZSymmetric and Asymmetric Impacts of Commercial Energy Distribution from Key Sources on Economic Progress in Pakistan10.3390/su1322126702071-1050https://doaj.org/article/77e0b416edf3474192d6c261132873272021-11-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/22/12670https://doaj.org/toc/2071-1050This paper aims to determine the interaction of commercial energy distribution, including the installed capacity of hydroelectric energy, hydroelectric energy generation, the installed capacity of thermal energy, thermal energy generation, the installed capacity of nuclear energy, and nuclear energy generation, with economic progress in Pakistan over the 1970–2019 period. Both linear and non-linear autoregressive distributed lag models were used to ascertain the symmetric and asymmetric short- and long-run effects. The findings from the linear autoregressive distributed lag model analysis revealed evidence that increases in the installed capacity of nuclear energy, alongside higher levels of hydroelectric energy generation and thermal energy generation, have positively affected economic growth in the short run, while a greater installed capacity of nuclear energy has positively affected economic growth in the long run. The findings from the non-linear autoregressive distributed lag model analysis showed that negative shocks to installed capacities related to hydroelectric, thermal, and nuclear energy reduced economic growth, while positive shocks to hydroelectric energy generation and the installed capacity of nuclear energy boosted economic growth in the short run. Furthermore, in the long run, negative shocks to the installed capacities of hydroelectric and thermal energy reduced economic growth, negative shocks to the installed capacity of nuclear energy enhanced economic growth, and positive shocks to hydroelectric energy generation and the installed capacity of nuclear energy have stimulated economic growth in Pakistan.Abdul RehmanRasim OzcanWaqar BadshahMagdalena RadulescuIlhan OzturkMDPI AGarticleenergy supplythermal energyeconomic progressnuclear energysymmetric and asymmetric analysisEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12670, p 12670 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	energy supply thermal energy economic progress nuclear energy symmetric and asymmetric analysis Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	energy supply thermal energy economic progress nuclear energy symmetric and asymmetric analysis Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Abdul Rehman Rasim Ozcan Waqar Badshah Magdalena Radulescu Ilhan Ozturk Symmetric and Asymmetric Impacts of Commercial Energy Distribution from Key Sources on Economic Progress in Pakistan
description	This paper aims to determine the interaction of commercial energy distribution, including the installed capacity of hydroelectric energy, hydroelectric energy generation, the installed capacity of thermal energy, thermal energy generation, the installed capacity of nuclear energy, and nuclear energy generation, with economic progress in Pakistan over the 1970–2019 period. Both linear and non-linear autoregressive distributed lag models were used to ascertain the symmetric and asymmetric short- and long-run effects. The findings from the linear autoregressive distributed lag model analysis revealed evidence that increases in the installed capacity of nuclear energy, alongside higher levels of hydroelectric energy generation and thermal energy generation, have positively affected economic growth in the short run, while a greater installed capacity of nuclear energy has positively affected economic growth in the long run. The findings from the non-linear autoregressive distributed lag model analysis showed that negative shocks to installed capacities related to hydroelectric, thermal, and nuclear energy reduced economic growth, while positive shocks to hydroelectric energy generation and the installed capacity of nuclear energy boosted economic growth in the short run. Furthermore, in the long run, negative shocks to the installed capacities of hydroelectric and thermal energy reduced economic growth, negative shocks to the installed capacity of nuclear energy enhanced economic growth, and positive shocks to hydroelectric energy generation and the installed capacity of nuclear energy have stimulated economic growth in Pakistan.
format	article
author	Abdul Rehman Rasim Ozcan Waqar Badshah Magdalena Radulescu Ilhan Ozturk
author_facet	Abdul Rehman Rasim Ozcan Waqar Badshah Magdalena Radulescu Ilhan Ozturk
author_sort	Abdul Rehman
title	Symmetric and Asymmetric Impacts of Commercial Energy Distribution from Key Sources on Economic Progress in Pakistan
title_short	Symmetric and Asymmetric Impacts of Commercial Energy Distribution from Key Sources on Economic Progress in Pakistan
title_full	Symmetric and Asymmetric Impacts of Commercial Energy Distribution from Key Sources on Economic Progress in Pakistan
title_fullStr	Symmetric and Asymmetric Impacts of Commercial Energy Distribution from Key Sources on Economic Progress in Pakistan
title_full_unstemmed	Symmetric and Asymmetric Impacts of Commercial Energy Distribution from Key Sources on Economic Progress in Pakistan
title_sort	symmetric and asymmetric impacts of commercial energy distribution from key sources on economic progress in pakistan
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/77e0b416edf3474192d6c26113287327
work_keys_str_mv	AT abdulrehman symmetricandasymmetricimpactsofcommercialenergydistributionfromkeysourcesoneconomicprogressinpakistan AT rasimozcan symmetricandasymmetricimpactsofcommercialenergydistributionfromkeysourcesoneconomicprogressinpakistan AT waqarbadshah symmetricandasymmetricimpactsofcommercialenergydistributionfromkeysourcesoneconomicprogressinpakistan AT magdalenaradulescu symmetricandasymmetricimpactsofcommercialenergydistributionfromkeysourcesoneconomicprogressinpakistan AT ilhanozturk symmetricandasymmetricimpactsofcommercialenergydistributionfromkeysourcesoneconomicprogressinpakistan
_version_	1718410346480271360

Symmetric and Asymmetric Impacts of Commercial Energy Distribution from Key Sources on Economic Progress in Pakistan

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