The Compleat Economic Voter: New Evidence from the UK

32 Pages Posted: 4 Aug 2011

See all articles by Michael S. Lewis-Beck

Michael S. Lewis-Beck

University of Iowa - Department of Political Science

Richard Nadeau

University of Montreal

Martial Foucault

University of Montreal; Center for Interuniversity Research and Analysis on Organization (CIRANO)

Date Written: August 3, 2011

Abstract

While economic voting has been much studied, almost all the work has been based on the classic reward-punishment model, which treats the economy as a valence issue. The economic is, indeed, a valence issue, but it is much more than that. In the work at hand, we explore two other dimensions of economic voting – position and patrimony. Through investigation of a 2010 UK election survey containing relevant measures on these three dimensions, we estimate their impact on vote intention, in the context of a carefully specified system of equations. According to the evidence reported, each dimension of economic voting has its own independent effect. Moreover, together, they reveal a “compleat” economic voter, who wields considerable power over electoral choice in Britain. This result, while new, confirms and extends recent work on US and French elections.

Suggested Citation

Lewis-Beck, Michael S. and Nadeau, Richard and Foucault, Martial, The Compleat Economic Voter: New Evidence from the UK (August 3, 2011). Available at SSRN: https://ssrn.com/abstract=1904682 or http://dx.doi.org/10.2139/ssrn.1904682

Michael S. Lewis-Beck

University of Iowa - Department of Political Science ( email )

Iowa City, IA 52242
United States
319-335-2350 (Phone)

Richard Nadeau (Contact Author)

University of Montreal ( email )

Department of Political Science
C.P. 6128 succursale Centre-ville
Montreal, Quebec H3C 3J7
Canada

Martial Foucault

University of Montreal ( email )

Political Science Department
C.P. 6128 succursale Centre-ville
Montreal, Quebec H3T 1B9, Quebec H3C 3J7
Canada

Center for Interuniversity Research and Analysis on Organization (CIRANO)

2020 rue University, 25th floor
Montreal H3C 3J7, Quebec
Canada

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