Bread and the attrition of power: Economic events and German election results
AbstractAggregate votes for incumbent parties in post-war Germany were determined by the weighted-average growth of real per capita disposable income. Each percentage point of per capita real disposable income growth sustained over the legislative term yielded approximately two percentage points of votes in Germany. No other economic variables add value or significantly perturb the coefficients of our model. However, attrition of power reduced the vote share in election years 1961, 1994 and 1998. --
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Bibliographic InfoArticle provided by Springer in its journal Public Choice.
Volume (Year): 141 (2009)
Issue (Month): 1 (October)
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Web page: http://www.springerlink.com/link.asp?id=100332
Bread and Peace model; Elections; Vote share; Real per capita disposable income growth; E6; H11; P16;
Other versions of this item:
- Batool, Irem & Sieg, Gernot, 2009. "Bread, peace and the attrition of power: Economic events and German election results," Economics Department Working Paper Series 3, Technische Universität Braunschweig, Economics Department.
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
- H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
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