Abstract
The main purpose of this study was to explore the impact of corruption and circular debt on energy crises in the case of Pakistan. For this purpose, the study used annual time series data and employed an ARDL F-bounds test approach to achieve the determined objectives. The findings of the ARDL model reported that corruption, circular debt, and population have a positive impact, while industrial GDP and distribution and transmission contribute negatively to short- and long-term energy crises. Consequently, this study helps policy makers to focus on the issue of corruption and circular debt in the energy sector of Pakistan.
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