The VP-function: A survey of the literature on vote and popularity functions after 25 years
P Nannestad, M Paldam - Public Choice, 1994 - Springer
P Nannestad, M Paldam
Public Choice, 1994•SpringerVP-functions explain the support for the government at votes and polls by economic and
political variables. Most studies analyze macro time series. We also cover studies of
individual voters, socio-economic groups and regional cross-sections. The theory starts from
the Responsibility Hypothesis: voters hold the government responsible for economic
conditions. It works in two party/block systems, but not else. Voters in most countries are
found to be sociotropic. Egotropic voting also occurs. Voters' myopia is well established …
political variables. Most studies analyze macro time series. We also cover studies of
individual voters, socio-economic groups and regional cross-sections. The theory starts from
the Responsibility Hypothesis: voters hold the government responsible for economic
conditions. It works in two party/block systems, but not else. Voters in most countries are
found to be sociotropic. Egotropic voting also occurs. Voters' myopia is well established …
Abstract
VP-functions explain the support for the government at votes and polls by economic and political variables. Most studies analyze macro time series. We also cover studies of individual voters, socio-economic groups and regional cross-sections. The theory starts from the Responsibility Hypothesis: voters hold the government responsible for economic conditions. It works in two party/block systems, but not else. Voters in most countries are found to be sociotropic. Egotropic voting also occurs. Voters' myopia is well established. Voting is retrospective as expectations are static. It costs the average government almost 2% of the vote to rule.
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