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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 article 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 behaviour 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, 2009. "Voting and turning out for monetary integration: the case of the French referendum on the Maastricht treaty," ULB Institutional Repository 2013/89993, ULB -- Universite Libre de Bruxelles.
    • Handle: RePEc:ulb:ulbeco:2013/89993
    Note: SCOPUS: ar.j
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    Cited by:

    1. is not listed on IDEAS
    2. 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.
    3. 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

    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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