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Energy Crisis and Comparative Advantage Industries: Empirical Evidence from the Pakistan Economy

Author

Listed:
  • Malik Saqib Ali

    (Assistant Professor,)

  • Sana Zaigham

    (Visiting Faculty member,)

Abstract

The core purpose of the study is to analyze the effects of the energy problems on the competitiveness and performance of major selected Pakistani industries. The data used for the study is from the years 1999 to 2015. The industries used in the research are Leather, Textile, Tobacco, Pharmaceutical, and Sugar. The Balassa Index is firstly used to compute the competitiveness of the above-mentioned industries and reveals that except tobacco industries all other industries sustain a comparative advantage even before and during the crisis regime. Secondly, a GMM estimation is done to analyze the effect of energy problems on the performance of the companies. The conclusion of the paper suggests that the supply of energy has a crucial role in enhancing the net return and competitiveness of the industrial sector in Pakistan.

Suggested Citation

  • Malik Saqib Ali & Sana Zaigham, 2017. "Energy Crisis and Comparative Advantage Industries: Empirical Evidence from the Pakistan Economy," Global Economics Review, Humanity Only, vol. 2(1), pages 42-48, December.
    • Handle: RePEc:aaw:journl:v:2:y:2017:i:1:p:42-48
    DOI: 10.31703/ger.2017(II-I).05
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    References listed on IDEAS

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    1. Mahani Zainal Abidin & Wai Heng Loke, 2008. "Revealed Comparative Advantage of Malaysian Exports: The Case for Changing Export Composition," Asian Economic Papers, MIT Press, vol. 7(3), pages 130-147, Fall.
    2. Yılmaz Bayar & Hasan Alp Özel, 2014. "Electricity Consumption and Economic Growth in Emerging Economies," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 4(2), pages 1-15, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Energy Crisis; Comparative Advantage Industries; Net returns;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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