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Voting and turning out for monetary integration: the case of the French referendum on the Maastricht treaty

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  • Pierre-Guillaume Méon

Abstract

This paper analyses the voting and abstention patterns in French departments in the 1992 referendum on the Maastricht treaty, in light of the potential impact of monetary union. We observe that departmental characteristics implying either greater benefits or lower costs from monetary union are significantly correlated with the approval rate. This supports the view that the voting behavior of individual agents depended on their self-interest. The impact of economic characteristics on the abstention rate is less clear. Indeed, the variable that is most significantly correlated with abstention in the referendum is average abstention in other elections.

Suggested Citation

  • Pierre-Guillaume Méon, 2005. "Voting and turning out for monetary integration: the case of the French referendum on the Maastricht treaty," DULBEA Working Papers 05-02.RS, ULB -- Universite Libre de Bruxelles.
  • Handle: RePEc:dul:wpaper:05-02rs
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    References listed on IDEAS

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    1. Doyle, Orla & Fidrmuc, Jan, 2004. "Who is in favor of enlargement? Determinants of support for EU membership in the candidate countries' referenda," ZEI Working Papers B 04-2004, University of Bonn, ZEI - Center for European Integration Studies.
    2. Timothy J. Feddersen, 2004. "Rational Choice Theory and the Paradox of Not Voting," Journal of Economic Perspectives, American Economic Association, vol. 18(1), pages 99-112, Winter.
    3. Eichenberg, Richard C. & Dalton, Russell J., 1993. "Europeans and the European Community: the dynamics of public support for European integration," International Organization, Cambridge University Press, vol. 47(04), pages 507-534, September.
    4. DeMichelis, Stefano & Dhillon, Amrita, 2001. "Learning in elections and voter turnout equilibria," The Warwick Economics Research Paper Series (TWERPS) 608, University of Warwick, Department of Economics.
    5. Barry Nalebuff & Ron Shachar, 1999. "Follow the Leader: Theory and Evidence on Political Participation," American Economic Review, American Economic Association, vol. 89(3), pages 525-547, June.
    6. MARK FRANKLIN & MICHAEL MARSH & LAUREN McLAREN, 1994. "Uncorking the Bottle: Popular Opposition to European Unification in the Wake of Maastricht," Journal of Common Market Studies, Wiley Blackwell, vol. 32(4), pages 455-472, December.
    7. Vlachos, Jonas, 2004. "Who wants political integration?: Evidence from the Swedish EU-membership referendum," Journal of Public Economics, Elsevier, vol. 88(7-8), pages 1589-1604, July.
    8. Frieden, Jeffry A., 1991. "Invested interests: the politics of national economic policies in a world of global finance," International Organization, Cambridge University Press, vol. 45(04), pages 425-451, September.
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    Cited by:

    1. Bernal, Oscar & Oosterlinck, Kim & Szafarz, Ariane, 2010. "Observing bailout expectations during a total eclipse of the sun," Journal of International Money and Finance, Elsevier, vol. 29(7), pages 1193-1205, November.
    2. Charles Plaigin, 2009. "Exploratory study on the presence of cultural and institutional growth spillovers," DULBEA Working Papers 09-03.RS, ULB -- Universite Libre de Bruxelles.

    More about this item

    Keywords

    Monetary union; referendum; voting; abstention;

    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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