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An Economic Analysis of Voting in Sweden




Using data from the Swedish Election Studies between 1985 and 1994 supplemented with time series on inflation and unemployment, I compare the impact of macro- and microeconomic variables on the individual vote. The principal finding is that microeconomic variables influence the vote almost as much as macroeconomic variables do. In consequence, both self-interest and public interest appears to be important explanations of economic voting in Sweden. Macroeconomic variables have, however, been much more influential in determining election outcomes. Since previous studies of economic voting have used cross-sectional data only, it is also worth noting that the panel estimates indicate a relatively greater impact of macroeconomic variables on the vote than the cross-sectional estimates do.

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  • Jordahl, Henrik, 2002. "An Economic Analysis of Voting in Sweden," Ratio Working Papers 16, The Ratio Institute.
  • Handle: RePEc:hhs:ratioi:0016

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    Cited by:

    1. Mikael Elinder & Henrik Jordahl & Panu Poutvaara, 2008. "Selfish and Prospective: Theory and Evidence of Pocketbook Voting," CESifo Working Paper Series 2489, CESifo Group Munich.
    2. Gikas A. Hardouvelis & Dimitrios D. Thomakos, 2007. "Consumer Confidence and Elections," Working Paper series 42_07, Rimini Centre for Economic Analysis.
    3. Andrew J. Healy & Mikael Persson & Erik Snowberg, 2016. "Digging into the Pocketbook: Evidence on Economic Voting from Income Registry Data Matched to a Voter Survey," CESifo Working Paper Series 6171, CESifo Group Munich.
    4. Elinder, Mikael, 2010. "Local economies and general elections: The influence of municipal and regional economic conditions on voting in Sweden 1985-2002," European Journal of Political Economy, Elsevier, vol. 26(2), pages 279-292, June.
    5. Fredrik Carlsson & Olof Johansson-Stenman, 2010. "Why Do You Vote and Vote as You Do?," Kyklos, Wiley Blackwell, vol. 63(4), pages 495-516, November.
    6. Gebhard Kirchgässner, 2016. "Voting and Popularity," CREMA Working Paper Series 2016-08, Center for Research in Economics, Management and the Arts (CREMA).
    7. Alex Luiz Ferreira & Sérgio Naruhiko Sakurai, 2013. "Personal charisma or the economy?: Macroeconomic indicators of presidential approval ratings in Brazil," Economia, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 14(3–4), pages 214-232.
    8. Doyle, Orla & Fidrmuc, Jan, 2003. "Anatomy of Voting Behaviour and Attitudes During Post-Communist Transition Czech Republic 1990-98," CEPR Discussion Papers 3801, C.E.P.R. Discussion Papers.
    9. Ronny Freier, 2011. "Incumbency as the Major Advantage: The Electoral Advantage for Parties of Incumbent Mayors," Discussion Papers of DIW Berlin 1147, DIW Berlin, German Institute for Economic Research.
    10. Elinder, Mikael, 2006. "Local Economies and General Elections," Working Paper Series 2007:1, Uppsala University, Department of Economics.

    More about this item


    elections; voting behaviour; pocketbook voting; self-interest; public interest;

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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