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How Much Does the State of the Economy Influence the Popularity of Austrian Parties? An Empirical Investigation

Author

Listed:
  • Friedrich Schneider

    (Johannes Kepler University Linz)

  • Reinhard Neck

    (Alpen-Adria-Universität Klagenfurt)

  • Michael M. Strugl

    (Johannes Kepler University Linz)

Abstract

We estimate popularity functions for the Austrian parties Austrian People’s Party (ÖVP), Social Democrats (SPÖ) and Austrian Freedom party (FPÖ) between 1987 and 2010 (using annual data) as well as vote functions for the same Austrian parties in the 86 election districts in the national elections in 1999, 2002, 2006 and 2008. In most cases we find a statistically significant and theoretically predicted influence of three economic variables, namely the unemployment rate, inflation rate and growth rate of income, on both popularity and voting behavior. However, this influence is not robust and shows a tendency to decline over time.

Suggested Citation

  • Friedrich Schneider & Reinhard Neck & Michael M. Strugl, 2017. "How Much Does the State of the Economy Influence the Popularity of Austrian Parties? An Empirical Investigation," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 23(1), pages 107-121, February.
    • Handle: RePEc:kap:iaecre:v:23:y:2017:i:1:d:10.1007_s11294-016-9628-2
    DOI: 10.1007/s11294-016-9628-2
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    References listed on IDEAS

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    1. Nannestad, Peter & Paldam, Martin, 1994. "The VP-Function: A Survey of the Literature on Vote and Popularity Functions after 25 Years," Public Choice, Springer, vol. 79(3-4), pages 213-245, June.
    2. Neck, Reinhard & Karbuz, Sohbet, 1997. "Econometric Estimations of Popularity Functions: A Case Study for Austria," Public Choice, Springer, vol. 91(1), pages 57-88, April.
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    More about this item

    Keywords

    Austrian popularity functions; Austrian vote functions; Economic influence on popularity and voting;
    All these keywords.

    JEL classification:

    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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