27,826 research outputs found

    Political Inequality and the Origins of Distrust: Evidence for Colombia

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    This paper aims to identify the effect of political exclusion on social capital in Colombia, suggesting social capital as an important channel through which political inequality has been central for Colombian economic development. I use the Colombian National Front agreement during 1958-1974 to test my hypothesis, as it institutionalized the political exclusion of non-traditional parties in that country. Whereas it affected all regions at the same time, it implied differential effects according to the municipalities’ initial political diversity. The empirical strategy deals with the potential endogeneity in the variation of the treatment by using region fixed effects and relevant control variables in a cross-section model, as well as performing robustness checks. I further use panel fixed effects models with electoral turnout as a measure of social capital. I find that political exclusion imposed by the National Front may have led to less trusting individuals today, to a higher perception of free riding behaviors and to lower levels of electoral turnout. I also find that a possible channel through which political exclusion in the past may be able to explain social capital in the present is distrust towards the state

    DEMOCRACY’S SPREAD: Elections and Sovereign Debt in Developing Countries

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    We use partisan and opportunistic political business cycle (“PBC”) considerations to develop and test a framework for explaining election-period changes in credit spreads for developing country sovereign bonds. Pre-election bond spread trends are significantly linked both to the partisan orientation of incumbents facing election and to expectations of incumbent victory. Bond spreads for right-wing (leftwing) incumbents increase (decrease) as the likelihood of left-wing (right-wing) challenger victory increases. For right-wing incumbent partisan and opportunistic PBC effects bondholder risk perceptions are mutually reinforcing. For left-wing incumbents partisan PBC effects dominate bondholder risk perceptions compared to opportunistic PBC effects.http://deepblue.lib.umich.edu/bitstream/2027.42/39961/3/wp575.pd

    CIVIC LIFE: Evidence Base for the Triennial Review

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    This document forms part of the Equality and Human Rights Commission triennial review and covers equalities in civic life. It examines equality in political participation, freedom of language and freedom of worship. The primary aim is to map the various dimensions of equality and inequality in participation in civic and political life. We explore and review equalities, good relations and human rights in relation to civic life, and where possible we examine some of the driving forces behind the differences that we observe

    Pork Barrel Politics in Postwar Italy, 1953-1994

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    This paper analyzes the political determinants of the distribution of infrastructure expenditures by the Italian government to the country’s 92 provinces between 1953 and 1994. Extending implications of theories of legislative behavior to the context of open-list proportional representation, we examine whether individually powerful legislators and ruling parties direct spending to core or marginal electoral districts, and whether opposition parties share resources via a norm of universalism. We show that when districts elect politically more powerful deputies from the governing parties, they receive more investments. We interpret this as indicating that legislators with political resources reward their core voters by investing in public works in their districts. The governing parties, by contrast, are not able to discipline their own members of parliament sufficiently to target the parties’ areas of core electoral strength. Finally, we find no evidence that a norm of universalism operates to steer resources to areas when the main opposition party gains more votes

    Partisan impacts on the economy: evidence from prediction markets and close elections

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    Analyses of the effects of election outcomes on the economy have been hampered by the problem that economic outcomes also influence elections. We sidestep these problems by analyzing movements in economic indicators caused by clearly exogenous changes in expectations about the likely winner during election day. Analyzing high frequency financial fluctuations following the release of flawed exit poll data on election day 2004, and then during the vote count we find that markets anticipated higher equity prices, interest rates and oil prices, and a stronger dollar under a George W. Bush presidency than under John Kerry. A similar Republican–Democrat differential was also observed for the 2000 Bush–Gore contest. Prediction market based analyses of all presidential elections since 1880 also reveal a similar pattern of partisan impacts, suggesting that electing a Republican president raises equity valuations by 2–3 percent, and that since Ronald Reagan, Republican presidents have tended to raise bond yields

    Blame and punishment? The electoral politics of extreme austerity in Greece

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    Can governments that introduce extreme austerity measures survive elections? Contrary to economic voting expectations, the PASOK government in Greece initially appeared to cope quite well, claiming victory in regional elections in 2010 despite widespread anti-austerity protest. In this paper, we interpret this result with the help of a post-election survey, which also covered future voting intention. The explanatory power of models based on theories of economic voting and blame attribution as well as the electoral impact of the government’s representation of the crisis as an existential threat are assessed. Our analysis challenges the interpretation of the 2010 election as an indication of support for PASOK’s austerity policies and reveals weaknesses in its support base, which help contextualise its downfall in the 2012 Parliamentary elections. The paper also underlines the importance of studying the impact of crises discourses on voting choice, particularly since blame attribution receives little support in this case

    The Conditional Electoral Connection in the European Parliament

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    This paper introduces a model of the electoral connection in the European Parliament. Emphasizing the problem of common agency – wherein agents are beholden to multiple principals who cannot coordinate – it assumes that national parties, European party groups, and voters are “latent principals” that differentially constrain members of the European Parliament (MEPs). The model proposes that the degree to which each of these principals constrain MEPs depends upon signals that MEPs receive from the national political arena about their electoral vulnerability. Re-election seeking MEPs will in turn cultivate closer connections with the principal whose support is most important for reducing electoral vulnerability. Drawing on the second-order election model, signals about MEP vulnerability are measured as a national party‟s success in the most recent national election, given the party‟s average size, governing status, and time remaining until the European election. The model predicts three broad outcomes. First, MEPs from large or governing parties will generally be more vulnerable as their party label suffers in European elections. Expecting losses, they should cultivate closer connections to their constituents by emphasizing personal record rather than party affiliation. Second, MEPs from small or opposition parties will generally be less vulnerable as their party label is more successful in European elections. Expecting gains, these MEPs will seek to appeal to their party leaders in order to secure the safest (often only the top) place on the electoral list. Finally, the model predicts that systemic-level attributes such as voters‟ right to re-order the ballot should contribute to variation in the first two outcomes. The model‟s propositions are tested empirically with qualitative and quantitative evidence from 30 interviews with MEPs in 2008 and an original dataset of MEPs‟ non-roll-call position taking in plenary sessions during the 6th European Parliament term

    Party System Compactness: Measurement and Consequences

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    An important property of any party system is the set of choices it presents to the electorate. In this paper we analyze the distribution of parties relative to voters in the multidimensional issue space and introduce two measures of the dispersion of the parties in the issue space relative to the voters, which we call measures of the compactness of the parties in the issue space. We show how compactness is easily computed using standard survey items found on national election surveys. Because we study the spacing of the parties relative to the distribution of the voters, we produce metric-free measures of compactness of the party system. The measures can be used to compare party systems across issues, over time within countries, and across countries. Comparing the compactness of party systems across countries allows us to determine the relative amount of issue choice afforded voters in different polities. We examine the compactness of the issue space and test the impact it has on voter choice in four countries: the United States, the Netherlands, Canada, and Great Britain. We demonstrate that the more compact the distribution of the parties in the issue space on any given issue, the less voters weight that issue in their vote decision. Thus we provide evidence supporting theories suggesting that the greater the choice offered by the parties in an election, the more likely it is that issue voting will play a major role in that election
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