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    Title: The discontinuous effect of economic performance on political turnover
    Authors: 潘振宇
    Pan, Chen-Yu
    Tsai, Pi-Han
    Contributors: 國貿系
    Keywords: Political turnover;voting behaviour;economic growth;economic voting
    Date: 2021-06
    Issue Date: 2022-04-12
    Abstract: This paper re-examines the asymmetric marginal effect of economic variables on voting. By applying the comprehensive cross-country panel data of democracies from 1975 to 2016, the empirical results demonstrate that there is a striking discontinuity in the relationship between economic performance and political turnover, in the sense that voters are sensitive to incumbents’ economic performance when the countries are during the economic prosperity but are less sensitive during the economic recession. The results are robust no matter we use the absolute growth rate or relative growth rate of the country, and no matter voters’ reaction in response to political turnover is conditional on the institutional factor or not.
    Relation: Applied Economics Letter, Vol.29, No.17, pp.1564-1570
    Data Type: article
    DOI link: https://doi.org/10.1080/13504851.2021.1947956
    DOI: 10.1080/13504851.2021.1947956
    Appears in Collections:[Department of International Business] Periodical Articles

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