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It's the Economy Stupid?

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Author Info
Cameron, L.
Crosby, M.

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Abstract

In this paper we examine the impact of macroeconomic conditions on federal electoral performance in twentieth century Australia. We find that the electorate penalises a government for high inflation and high unemployment relative to trend. Real GDP growth and real wage growth were not found to have a systematic relationship with incumbent vote share at the federal level. We also examine the voteshare of the federal incumbent in three electorates: the safe Liberal seat of Kooyong, the safe Labor seat of Melbourne Ports, and the swinging seat of Latrobe. We find some evidence that unemployment affects electoral outcomes in the swinging seat, but no macroeconomic variables affect outcomes in the safe seats.

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Publisher Info
Paper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 699.

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Length: 15 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:mlb:wpaper:699

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Postal: Department of Economics, The University of Melbourne, 5th Floor, Economics and Commerce Building, Victoria, 3010, Australia
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Web page: http://www.economics.unimelb.edu.au
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Related research
Keywords: ELECTIONS ; SOCIAL CHOICE ; MACROECONOMICS;

Find related papers by JEL classification:
D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior
D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy-Making and Implementation

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This page was last updated on 2009-12-20.


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