{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,1,19]],"date-time":"2026-01-19T22:59:05Z","timestamp":1768863545723,"version":"3.49.0"},"reference-count":67,"publisher":"MDPI AG","issue":"1","license":[{"start":{"date-parts":[[2026,1,19]],"date-time":"2026-01-19T00:00:00Z","timestamp":1768780800000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/creativecommons.org\/licenses\/by\/4.0\/"}],"funder":[{"name":"Hunan Provincial Social Science Fund","award":["22YBA132"],"award-info":[{"award-number":["22YBA132"]}]},{"name":"Hunan Provincial National Science Fund","award":["2024JJ5167"],"award-info":[{"award-number":["2024JJ5167"]}]},{"DOI":"10.13039\/501100012294","name":"National Social Science Fund Youth Project","doi-asserted-by":"publisher","award":["24CTJ030"],"award-info":[{"award-number":["24CTJ030"]}],"id":[{"id":"10.13039\/501100012294","id-type":"DOI","asserted-by":"publisher"}]},{"name":"National Science Foundation of Hunan Province","award":["2025JJ50426"],"award-info":[{"award-number":["2025JJ50426"]}]}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Systems"],"abstract":"<jats:p>The sustainability of local implicit debt reflects its effect on promoting economic growth. By analyzing the sustainability of local implicit debt, valuable insights can be gained to support the high-quality economic development of relevant countries. This study, using provincial panel data from China spanning 2006 to 2020, constructs a measurement method for local implicit debt using the MIMIC model and investigates the sustainability of local implicit debt from an economic growth perspective. The results show that local implicit debt has a rising trend but strong economic tournament pressure; an imperfect financial system and stricter financial regulation will affect the scale of local implicit debt. The economic effects of small-scale local implicit debt are not significant; however, when the scale of local implicit debt exceeds CNY 123.88 billion, it can have a significant stimulating effect on regional economic growth. Local implicit debt has a significant sustainability and can significantly drive regional economic growth, with the driving effect being more pronounced in the western regions and at higher thresholds.<\/jats:p>","DOI":"10.3390\/systems14010103","type":"journal-article","created":{"date-parts":[[2026,1,19]],"date-time":"2026-01-19T09:57:02Z","timestamp":1768816622000},"page":"103","update-policy":"https:\/\/doi.org\/10.3390\/mdpi_crossmark_policy","source":"Crossref","is-referenced-by-count":0,"title":["Research on the Sustainability of Local Implicit Debt from the Perspective of Economic Growth: Evidence from China"],"prefix":"10.3390","volume":"14","author":[{"given":"Shengyin","family":"Ouyang","sequence":"first","affiliation":[{"name":"School of Business, Hunan University of Science and Technology, Xiangtan 411201, China"},{"name":"Research Center for Regional High-Quality Development, Hunan University of Science and Technology, Xiangtan 411201, China"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Yanhong","family":"Feng","sequence":"additional","affiliation":[{"name":"School of Economics, Management and Law, University of South China, Hengyang 421000, China"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0009-0009-3612-325X","authenticated-orcid":false,"given":"Zhi","family":"Zhang","sequence":"additional","affiliation":[{"name":"School of Economics and Trade, Hunan University, Changsha 410006, China"}],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"1968","published-online":{"date-parts":[[2026,1,19]]},"reference":[{"key":"ref_1","doi-asserted-by":"crossref","first-page":"251","DOI":"10.1016\/S2212-5671(13)00031-2","article-title":"Causal Nexus Between Economic Growth, Exports and Government Debt: The Case of Greece","volume":"5","author":"Dritsaki","year":"2013","journal-title":"Procedia Econ. 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