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The Economic Effects of Voter Turnout in Democratic Countries
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2015 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

In most countries individuals have the fundamental democratic right to vote and choose the representatives who will represent them. In the last decades many of the economically developed countries in the world have experienced a continued decrease in voter turnout. At the same time participation in low income groups have decreased more than others which have triggered a class bias effect in parliamentary elections. This has resulted in a rise to the hypothesis that turnout directly affect economic policy outcomes and this is the purpose of this thesis to investigate, in the OECD-countries during 1980-2012. The estimations are constructed by average panel data per election period, with OLS and IV-regressions. Different from previous literature this thesis analyzes three new policy outcomes and applies a fixed affect approach. The outcome of the empirical estimations shows support, as previous literature, that turnout affect government expenditure, revenue and social protection expenditure without fixed effects. Hence, when fixed effects are applied voter turnout with both OLS and IV approach show a zero effect on all policy outcomes.

Place, publisher, year, edition, pages
2015.
Keyword [en]
Voter turnout, Policy outcomes, Ordinary Least Square regression, Instrument Variable regression, OECD-countries, Fixed effects
National Category
Economics
Identifiers
URN: urn:nbn:se:uu:diva-255484OAI: oai:DiVA.org:uu-255484DiVA: diva2:822277
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Available from: 2015-06-16 Created: 2015-06-16 Last updated: 2015-06-16Bibliographically approved

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