Author
Listed:
- Constantinos Challoumis
(Department of Accounting and Finance, Faculty of Business, Philips University, 2090 Strovolos, Nicosia P.O. Box 28008, Cyprus
Department of Business Administration, School of Economics and Political Sciences, National and Kapodistrian University of Athens, 1 Sofokleous Str., 10559 Athens, Greece
Department of Marketing and Communication, Athens University of Economics and Business, 76 Patission Str., 10434 Athens, Greece)
- Nikolaos Eriotis
(Department of Business Administration, School of Economics and Political Sciences, National and Kapodistrian University of Athens, 1 Sofokleous Str., 10559 Athens, Greece)
- Dimitrios Vasiliou
(Department of Business Administration, School of Economics and Political Sciences, National and Kapodistrian University of Athens, 1 Sofokleous Str., 10559 Athens, Greece)
Abstract
This study investigates the influence of pressure groups on the structure of the Greek economy, emphasizing their function as intermediaries between civil society and policymaking institutions. The significance of this research lies in revealing how organized interests—operating in an environment of informal and weakly regulated lobbying—shape sectoral dynamics and policy outcomes. The central hypothesis is that sectors represented by strong and well-organized pressure groups, such as manufacturing, tourism, and public administration, exhibit higher and more stable shares of Gross Value Added (GVA) due to their lobbying capacity and institutional access. To test this hypothesis, the paper integrates qualitative institutional analysis with a quantitative econometric model based on sectoral data from 2013 to 2023. The descriptive results indicate patterns consistent with the hypothesis that organized pressure groups are associated with sectoral resilience and performance. Nevertheless, the findings also suggest that excessive or unregulated influence may distort economic allocation and weaken transparency. The study concludes that establishing clearer oversight and accountability mechanisms is essential to ensure that the role of pressure groups supports democratic integrity and balanced economic development.
Suggested Citation
Constantinos Challoumis & Nikolaos Eriotis & Dimitrios Vasiliou, 2025.
"The Role of Pressure Groups in Greek Economic Structure,"
World, MDPI, vol. 6(4), pages 1-40, November.
Handle:
RePEc:gam:jworld:v:6:y:2025:i:4:p:150-:d:1790732
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