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Politicians’ luck of the draw : evidence from the Spanish christmas lottery
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Bagues, Manuel F. and Esteve-Volart, Berta (2016) Politicians’ luck of the draw : evidence from the Spanish christmas lottery. Journal of Political Economy, 124 (5). pp. 1269-1294. doi:10.1086/688178 ISSN 0022-3808.
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Official URL: http://dx.doi.org/10.1086/688178
Abstract
Incumbent politicians tend to receive more votes when economic conditions are good. In this paper we explore the source of this correlation, exploiting the exceptional evidence provided by the Spanish Christmas Lottery. Because winning tickets are typically sold by one lottery outlet, winners tend to be geographically clustered. This allows us to study the impact of exogenous good economic conditions on voting behavior. We find that incumbents receive significantly more votes in winning provinces. The evidence is consistent with a temporary increase in happiness making voters more lenient toward the incumbent, or with a stronger preference for the status quo.
Item Type: | Journal Article | |||||||||||||||
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Subjects: | H Social Sciences > HG Finance J Political Science > JF Political institutions (General) |
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Divisions: | Faculty of Social Sciences > Economics | |||||||||||||||
Library of Congress Subject Headings (LCSH): | Voting -- Spain, Lotteries -- Spain, Economic conditions -- Spain, Voting research -- Spain | |||||||||||||||
Journal or Publication Title: | Journal of Political Economy | |||||||||||||||
Publisher: | University of Chicago Press | |||||||||||||||
ISSN: | 0022-3808 | |||||||||||||||
Official Date: | October 2016 | |||||||||||||||
Dates: |
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Volume: | 124 | |||||||||||||||
Number: | 5 | |||||||||||||||
Page Range: | pp. 1269-1294 | |||||||||||||||
DOI: | 10.1086/688178 | |||||||||||||||
Status: | Peer Reviewed | |||||||||||||||
Publication Status: | Published | |||||||||||||||
Access rights to Published version: | Open Access (Creative Commons) | |||||||||||||||
Date of first compliant deposit: | 21 January 2020 | |||||||||||||||
Date of first compliant Open Access: | 21 January 2020 | |||||||||||||||
RIOXX Funder/Project Grant: |
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