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The Compleat Economic Voter: New Theory and British Evidence

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  • Lewis-Beck, Michael S.
  • Nadeau, Richard
  • Foucault, Martial

Abstract

Almost all the prolific work done on economic voting has been based on the classic reward–punishment model, which treats the economy as a valence issue. The economy is a valence issue, but it is much more than that. This article explores two other dimensions of economic voting – position and patrimony. Investigating a 2010 British survey containing relevant measures on these three dimensions, the authors estimate their impact on vote intention, using a carefully specified system of equations. According to the evidence reported, each dimension of economic voting has its own independent effect. Moreover, together, they reveal a ‘compleat’ economic voter, who wields considerable power over electoral choice in Britain. This new result confirms and extends recent work on American and French elections.

Suggested Citation

  • Lewis-Beck, Michael S. & Nadeau, Richard & Foucault, Martial, 2013. "The Compleat Economic Voter: New Theory and British Evidence," British Journal of Political Science, Cambridge University Press, vol. 43(2), pages 241-261, April.
  • Handle: RePEc:cup:bjposi:v:43:y:2013:i:02:p:241-261_00
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    Cited by:

    1. Chwieroth, Jeffrey & Walter, Andrew, 2020. "Great expectations, financialization and bank bailouts in democracies," LSE Research Online Documents on Economics 102749, London School of Economics and Political Science, LSE Library.
    2. Ruth Dassonneville & Michael S. Lewis-Beck, 2018. "Growth, Inequality, and Party Support: Valence and Positional Economic Voting," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1803, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    3. Martin Okolikj & Stephen Quinlan, 2016. "Context Matters: Economic Voting in the 2009 and 2014 European Parliament Elections," Politics and Governance, Cogitatio Press, vol. 4(1), pages 145-166.
    4. Ruth Dassonneville & Michael S. Lewis-Beck, 2018. "Growth, inequality, and party support: Valence and positional economic voting," Working Papers. Collection A: Public economics, governance and decentralization 1804, Universidade de Vigo, GEN - Governance and Economics research Network.

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