Economic voting

Source: Wikipedia, the free encyclopedia.

In political science, economic voting is a theoretical perspective which argues that voter behavior is heavily influenced by the economic conditions in their country at the time of the election. According to the classical form of this perspective, voters tend to vote more in favor of the incumbent candidate and party when the economy is doing well than when it is doing poorly. This view has been supported by considerable empirical evidence.[1] There is a substantial literature which shows that across the world's democracies, economic conditions shape electoral outcomes.[2][3] Economic voting is less likely when it is harder for voters to attribute economic performance to specific parties and candidates.[4]

Research on economic voting combines the disciplines of political science and

It's the economy, stupid!".[8] Research shows in the United States that voters punish the president's party in presidential, Senate, House, gubernatorial and state legislative elections when the local economy is doing poorly.[3]

A 2021 study found that evidence of economic voting in all U.S. presidential elections, all the way back to George Washington.[9]

References