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April 30, 2026Journal of Industrial Economics and Business

A Political-Economic Analysis of the Determinants of Public Debt: Focusing on the Rent-Seeking Activities of Interest Groups

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Key Points

This research analyzes how the rent-seeking activities of interest groups determine public debt levels.
Utilized unbalanced panel data from OECD countries from 2010-2023.
Conducted an empirical analysis of the impacts of interest group activities on public debt.
Assessed the relationship between regulatory quality and public debt levels.
Higher regulatory quality significantly correlates with lower public debt ratios (p<0.01).
Inefficient regulatory systems and low corruption control can lead to increased public debt.
Transparent and fair regulatory environments help mitigate rent-seeking behaviors.

Implication

Uncovers the influence of interest group rent-seeking on public debt in OECD nations, indicating necessary reforms.

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Cite This Study

Youngshin Kim (2026) studied this question.

synapsesocial.com/papers/6a0808ffa487c87a6a40b1d1 https://doi.org/10.22558/jieb.2026.4.39.2.349

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Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

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5INNOVATION AT A FISCAL COST? ACCOUNTING EVIDENCE ON R&D EXPENDITURES, PUBLIC FINANCIAL STRUCTURE AND FISCAL DISCIPLINE IN OECD COUNTRIESOriginal Research · 2026

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