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An Economic Analysis of Voting in Sweden

PublicationArticle (with peer review)
Företagandets villkor, Henrik Jordahl, Makroekonomiska villkor, Val

Abstract

Using data from the Swedish Election Studies between 1985 and 1994 supplemented with time series on inflation and unemployment, I compare the impact of macro- and microeconomic variables on the individual vote. The principal finding is that macroeconomic variables influence the vote a bit more than microeconomic variables do. In consequence, both self-interest and public interest appear to be important explanations of economic voting in Sweden. Macroeconomic variables have, however, been much more influential in determining election outcomes. Since previous studies of economic voting have used cross-sectional data only, it is also worth noting that panel estimates indicate a much greater impact of macroeconomic variables on the individual vote than cross-sectional estimates do.

Related content: Working Paper No. 16

Jordahl, H. (2006). ”An Economic Analysis of Voting in Sweden.”Public Choice, 127(3-4): 251-265.

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An Economic Analysis of Voting in Sweden
Artikel (med peer review)Publication
Jordahl, H.
Publication year

2006

Published in
Abstract

Using data from the Swedish Election Studies between 1985 and 1994 supplemented with time series on inflation and unemployment, I compare the impact of macro- and microeconomic variables on the individual vote. The principal finding is that macroeconomic variables influence the vote a bit more than microeconomic variables do. In consequence, both self-interest and public interest appear to be important explanations of economic voting in Sweden. Macroeconomic variables have, however, been much more influential in determining election outcomes. Since previous studies of economic voting have used cross-sectional data only, it is also worth noting that panel estimates indicate a much greater impact of macroeconomic variables on the individual vote than cross-sectional estimates do.

Related content: Working Paper No. 16

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