School of Economics
Bahauddin Zakariya University, Multan, Pakistan
Public Defence of PhD Thesis
Economic Analysis of Energy Alternatives for Pakistan: A Conjuncture of Factors Matrix and Cost Benefit Approaches
It is for information of all that Mr. Ejaz Gul, School of Economics, Bahauddin Zakariya University Multan, will defend his thesis for PhD Economics at 1030 a.m. on 29 November 2016 at Jinnah Auditorium, Bahauddin Zakariya University Multan.
Research was aimed to develop a new versatile and comprehensive framework for the economic analysis of renewable and non-renewable energy alternatives based on a factors matrix comprising socio-economic and environmental factors. Opinion from a sample size of 2400 respondents was collected from six major cities of Pakistan. To substantiate the evidence, field visits to 14 energy projects and interviews of 20 experts were also conducted. The data obtained through questionnaires, interviews and field visits was thoroughly analyzed by two approaches; factors matrix approach and cost benefit approach. Within the factors matrix approach, three methods were used for analysis of energy alternatives; the statistical analysis of factors matrix to obtain trend and ratings, digital analysis of the data by computer assisted qualitative data analysis software (CAQDAS) to get the digitally iterated and attenuated models along with representative equations and economathical analysis of equations by Newton-Leibniz Integration Process (NLIP) to obtain numerical value of the ratings. Based on the results, a trend spectrograph has been prepared for the entire country south to north. Then, the data was analyzed by cost benefit approach. Within the cost benefit approach, three methods were used for economic analysis of data; the levelized cost method, the cost capacity ratio and the traditional cost benefit ratio. The results obtained from factors matrix approach were compared with cost benefit approach which indicated that use of both approaches in conjuncture is a necessity to cover the wide spectrum of multidimensional aspects in case of economic analysis of energy alternatives. This comparison also indicated ranking of energy alternatives by different constituent methods of the two approaches. At the end, policy recommendations have been proffered for future energy policy formulation and implementation.
The event is open to all. Faculty, staff and students are requested to attend this public defence on a very important topic.
School of Economics
Bahauddin Zakariya University