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No 16:
An Economic Analysis of Voting in Sweden

Henrik Jordahl

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 microeconomic variables influence the vote almost as much as macroeconomic variables do. In consequence, both self-interest and public interest appears 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 the panel estimates indicate a relatively greater impact of macroeconomic variables on the vote than the cross-sectional estimates do.

Keywords: elections; voting behaviour; pocketbook voting; self-interest; public interest; (follow links to similar papers)

JEL-Codes: C23; D72; (follow links to similar papers)

32 pages, November 15, 2002

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This paper is published as:
Jordahl, Henrik, (2006), 'An Economic Analysis of Voting in Sweden', Public Choice, Vol. 127, June, No. 3-4, pages 251-265

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