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Saudi Journal of Business and Management Studies (SJBMS)
Volume-2 | Issue-03 | 305-311
Original Research Article
The Effect of Bioenergy and Pollution on Economy of Pakistan
Wajeeh Ullah, Zia Ur Rahman
Published : March 31, 2017
DOI : 10.21276/sjbms.2017.2.3.24
Abstract
This paper investigates the Effect of Bioenergy and pollution on economy of Pakistan. Unit root and integration tests have been used to check unit root properties and long-run relationship for the times of 2001Q1 to 2015Q2. The relevant result shows there is a long run relationship exists between the pollution and bioenergy. In short run, there is no effect or low effect of bioenergy on economic growth of Pakistan which have to possess no contributions for economic development. The study further investigates to show that biomass as the basic source of renewable energy, cooperate Pakistan to gain durable improvement aim in the long run as well as in short run. On other hand, government needs to take a serious step to control the pollution level in Pakistan.
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