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The VP-function revisited: a survey of the literature on vote and popularity functions after over 40 years

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  • Michael Lewis-Beck
  • Mary Stegmaier

Abstract

Nannestad and Paldam (Public Choice 79:213–245, 1994 ) published herein an extremely influential review of the literature linking economics and elections, what they called the “VP functions.” In that work, they offered a number of conclusions, in proposition form, about the state of the evidence in this field. We present the key ones (16 in all), and assess the extent to which they continue to hold, in light of the new evidence about what has come to be known as economic voting. As shall be shown, Nannestad and Paldam were prescient in their early establishment of many of the principal results explaining how the economy moves the vote choice. Copyright Springer Science+Business Media New York 2013

Suggested Citation

  • Michael Lewis-Beck & Mary Stegmaier, 2013. "The VP-function revisited: a survey of the literature on vote and popularity functions after over 40 years," Public Choice, Springer, vol. 157(3), pages 367-385, December.
    • Handle: RePEc:kap:pubcho:v:157:y:2013:i:3:p:367-385
    DOI: 10.1007/s11127-013-0086-6
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    References listed on IDEAS

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    1. Michael S. Lewis‐Beck & Richard Nadeau & Angelo Elias, 2008. "Economics, Party, and the Vote: Causality Issues and Panel Data," American Journal of Political Science, John Wiley & Sons, vol. 52(1), pages 84-95, January.
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    4. 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.
    5. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135-135.
    6. Duch,Raymond M. & Stevenson,Randolph T., 2008. "The Economic Vote," Cambridge Books, Cambridge University Press, number 9780521707404.
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    8. Nannestad, Peter & Paldam, Martin, 1997. "From the Pocketbook of the Welfare Man: A Pooled Cross-Section Study of Economic Voting in Denmark, 1986–92," British Journal of Political Science, Cambridge University Press, vol. 27(1), pages 111-155, January.
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    11. Duch,Raymond M. & Stevenson,Randolph T., 2008. "The Economic Vote," Cambridge Books, Cambridge University Press, number 9780521881029.
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