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The Economy and Policy Mood: A Fundamental Dynamic of Democratic Politics?
Randolph T. Stevenson
American Journal of Political Science
Vol. 45, No. 3 (Jul., 2001), pp. 620-633
Published by: Midwest Political Science Association
Stable URL: http://www.jstor.org/stable/2669242
Page Count: 14
You can always find the topics here!Topics: Emotion, Economic growth models, Economic policy, United States environmental policy, Voting, Political science, Economic modeling, Economic models, Economic inflation, Economics
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This article aims to establish empirically whether changes in the aggregate policy preferences of voters in western democracies relate systematically to national economic performance. Results from a time-series, cross-sectional regression analysis of data on aggregate policy preferences from fourteen western democracies (1956-1989) support a hypothesis originally suggested, for the American case, by Durr (1993): when the economy expands aggregate policy preferences move left, but when the economy contracts aggregate policy preferences move right. This finding sustains the normatively appealing conclusion that change in aggregate policy preference reflects the measured response of many individuals to changes in their political environment.
American Journal of Political Science © 2001 Midwest Political Science Association