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GDP Growth and Elections

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Presentation on theme: "GDP Growth and Elections"— Presentation transcript:

1 GDP Growth and Elections
1 Marcus, Margarita, Arda

2

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

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

5

6

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

8

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

10

11 Possible Explanation and Lessons Learned
11 Open Economy Idiosyncratic Factors 1972 election

12 Questions?

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