The determinants and forecasting of electricity consumption in Pakistan
The determinants and forecasting of electricity consumption in Pakistan
The current study examined the determinants of electricity consumption and also intends to forecast the electricity consumption in Pakistan. The study has used time series data analysis, applied Johansen Cointegration Test, error correction mechanisms and regression for examining determinants and autoregressive integrated moving average model is used for forecasting. The study has used times series secondary annual data on different variables for the period ranging from 1970 to 2018. The results