GDP Growth and Elections

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Presentation transcript:

GDP Growth and Elections Marcus, Margarita, Arda

Hibbs vs. Australia Elections Economic data US vs. Australia Fixed vs. Non-fixed 2 party system vs. Coalitions Economic data Eeal disposable personal income vs. Quarterly GDP Growth US vs. Australia

The Solutions Economic data—quarterly GDP growth Endogenous elections Real GDP per capita Endogenous elections Traditional Non-traditional Dummy variables

Possible Explanations Australia is an open economy Welfare state Different electoral system Australians may not care about the economic voting

Puerto Rico Gubernatorial Elections Fixed Elections 2-Party System New Progressive Party Popular Democratic Party

Possible Explanation and Lessons Learned Open Economy Idiosyncratic Factors 1972 election

Questions?