Book chapter
Economics, Politics, and the Popularity Function
Economics and Politics Revisited
Oxford University Press
08/17/2023
DOI: 10.1093/oso/9780192871664.003.0014
Abstract
This chapter returns to the core questions of the book: what role does the economy play in shaping executive approval? And what factors explain why this economy–approval relationship varies over time and across countries? It begins with a review of widely recognized cross-national studies with an eye towards how contextual features affect the strength of the economy in vote and popularity functions. In doing so, the authors attempt to assess a question that Paldam (1991) asked: how large is the e-fraction (the economy) compared to the p-fraction (politics)? Then they turn to the country case-study chapters in this volume, characterizing them according to Lijphart’s (1971) case-study typology: theory-confirming, theory-infirming, hypothesis-generating, and deviant case studies. Ten of the eleven case studies can be categorized as fully or partially confirming. Additionally, a few of these can also be considered hypothesis-generating or deviant in that they provide new insights regarding the role of inequality, government responsiveness, and economic measures, topics that deserve further study. In the closing section, the authors discuss additional avenues for further research such as how the pandemic, climate change, migration, and threats to democracy may impact executive approval ratings in the future.
Details
- Title: Subtitle
- Economics, Politics, and the Popularity Function
- Creators
- Brandon Beomseob ParkMary StegmaierMichael S Lewis-Beck
- Resource Type
- Book chapter
- Publication Details
- Economics and Politics Revisited
- Publisher
- Oxford University Press; Oxford
- DOI
- 10.1093/oso/9780192871664.003.0014
- Language
- English
- Date published
- 08/17/2023
- Academic Unit
- Political Science
- Record Identifier
- 9984463084402771
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