Hostname: page-component-848d4c4894-x5gtn Total loading time: 0 Render date: 2024-06-09T00:10:08.140Z Has data issue: false hasContentIssue false

Economic Voting in South Korea: Pocketbook or Sociotropic?

Published online by Cambridge University Press:  09 August 2012

AIE-RIE LEE
Affiliation:
The Department of Political Science, Texas Tech University, Lubbock, TX 79409uqlee@ttacs.ttu.edu
YONG U. GLASURE
Affiliation:
School of Business, University of Houston-Victoria, Victoria, TX 77901Glasurey@uhv.edu

Abstract

Using 2003 Asian Barometer Survey study data, this paper examines the economic voting model in the 2002 presidential election in South Korea. The core emphasis of the paper is on an investigation of the relative effects of different dimensions/scopes of economic evaluations on voting behavior, namely whether one form of assessment (e.g., pocketbook vs. sociotropic) can have similar consequences for electoral participation as others. The findings indicate that the overall economy is salient for Koreans to shape their political choices. In other words, voting behavior in Korea depends on how she or he thinks the national economy has been for the past five years. Also found is that voters’ perceptions of their own personal financial situations did not matter much as a predictor of voter choice.

Type
Research Article
Copyright
Copyright © Cambridge University Press 2012

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Aguilar, Edwin Eloy and Pacek, Alexander C. (2000), ‘Macroeconomic Conditions, Voter Turnout, and the Working-Class/Economically Disadvantaged Party Vote in Developing Countries’, Comparative Political Studies, 33 (8): 9951017.CrossRefGoogle Scholar
Aldrich, J. (1976), ‘Some Problems in Testing Two Rational Models of Participation’, American Journal of Political Science, 20: 713–34.CrossRefGoogle Scholar
Anderson, Christopher J. (2007), ‘The End of Economic Voting? Contingency Dilemmas and the Limits of Democratic Accountability’, Annual Review of Political Science, 10: 271–96.CrossRefGoogle Scholar
Downs, A. (1957), An Economic Theory of Democracy, New York: Harper & Row.Google Scholar
Feldman, Stanley (1982), ‘Economic Self-Interest and Political Behavior’, American Journal of Political Science, 26: 446–66.CrossRefGoogle Scholar
Fiorina, Morris P. (1978), ‘Economic Retrospective Voting in American Elections’, American Journal of Political Science, 22: 426–43.CrossRefGoogle Scholar
Fiorina, Morris P. (1981), Retrospective Voting in American National Elections, New Haven: Yale University Press.Google Scholar
Hellwig, Timothy (2010), ‘Elections and the Economy’, in LeDuc, Lawrence, Niemi, Richard G., and Norris, Pippa (eds.), Comparing Democracies 3: Elections and Voting in the 21st Century, London: Sage, pp. 184201.CrossRefGoogle Scholar
Hibbs, Douglas (1982), ‘Economic Outcomes and Political Support of British Governments among Occupational Classes’, American Political Science Review, 76 (2): 259–79.CrossRefGoogle Scholar
Hibbs, Douglas A. (2006), ‘Voting and the Macroeconomy’, in Weingast, Barry R. and Wittman, Donald A., The Oxford Handbook of Political Economy, Oxford University Press, pp. 565–86.Google Scholar
Hsieh, John Fuh-Sheng, Lacy, Dean, and Emerson, M.S. Niou (1998), ‘Retrospective and Prospective Voting in a One-Party Dominant Democracy: Taiwan's 1996 Presidential Election’, Public Choice, 97: 383–99.CrossRefGoogle Scholar
Kernell, S. (1978), ‘Explaining Presidential Popularity’, American Political Science Review, 72: 506–22.Google Scholar
Key, V. O. Jr. (1966), The Responsible Electorate, Harvard University Press.CrossRefGoogle Scholar
Kieweit, D. R. (1983), Macroeconomics and Micropolitics: The Electoral Effects of Economic Issues, Chicago: University of Chicago Press.Google Scholar
Kim, Jae-Han (1993), ‘The 14th Presidential Election and the Korean Economy’, Korean Political Science Review, 27: 99120.Google Scholar
Kinder, D. R. and Kieweit, D. R. (1979), ‘Economic Grievances and Political Behavior: The Role of Personal Discontents and Collective Judgments in Congressional Voting’, American Journal of Political Science, 23: 495527.CrossRefGoogle Scholar
Kinder, D. R. and Kieweit, R. D. (1981), ‘Sociotropic Politics: The American Case’, British Journal of Political Science, 11: 129–61.CrossRefGoogle Scholar
Kinder, D. R. and Sears, D. O.. 1981), ‘Prejudice and Politics: Symbolic Racism versus Racial Threats to the Good Life’, Journal of Personality and Social Psychology, 40: 414–31.CrossRefGoogle Scholar
Kramer, G. (1971), ‘Short-term Fluctuations in US Voting Behavior, 1896–1964’, American Political Science Review, 65: 131–43.CrossRefGoogle Scholar
Lau, R. R., Brown, T. A., and Sears, D. O.. 1978), ‘Self-Interest and Civilians’ Attitudes toward the Vietnam War’, Public Opinion Quarterly, 42: 464–83.CrossRefGoogle Scholar
Lee, Aie-Rie (2007), ‘Value Cleavages, Issues, and Partisanship in East Asia’, Journal of East Asian Studies, 7 (2): 251–74.CrossRefGoogle Scholar
Lee, Hyeon-Woo (2000), ‘Economic Voting in Korean Elections after Democratization’, International Journal of Korean Studies, Fall/Winter: 83–105.Google Scholar
Lee, Kap-Yun (1998), Korean Elections and Regionalism, Seoul: Ohreum.Google Scholar
Lewis-Beck, Michael (1980), ‘Economic Conditions and Executive Popularity: The French Experience’, American Journal of Political Science, 24 (2): 306–23.CrossRefGoogle Scholar
Lewis-Beck, Michael (1986), ‘Comparative Economic Voting: Britain, France, Germany, Italy’, American Journal of Political Science, 30 (2): 315–46.CrossRefGoogle Scholar
Lewis-Beck, Michael (1989), Economics and Elections, Ann Arbor: University Michigan Press.Google Scholar
Lewis-Beck, Michael and Bellucci, Paolo (1982), ‘Economic Influence on Legislative Elections in Multiparty Systems: France and Italy’, Political Behavior, 4 (1): 93107.CrossRefGoogle Scholar
Lewis-Beck, Michael and Lockerbie, Brad (1989), ‘Economics, Votes, Protests: Western European Cases’, Comparative Political Studies, 22 (2): 155–77.CrossRefGoogle Scholar
Lewis-Beck, Michael and Paldam, Martin (2000), ‘Economic Voting: Introduction’, Electoral Studies, 19: 113–22.CrossRefGoogle Scholar
Lipset, S. M. (1960), Political Man, New York: Doubleday.Google Scholar
Listhaug, Ola (2005), ‘Retrospective Voting’, in Thomassen, J. (ed.), The European Voter, Oxford: Oxford University Press, chapter 9.Google Scholar
Markus, Gregory B. (1988), ‘The Impact of Personal and National Economic Conditions on the Presidential Vote: A Pooled Cross-Sectional Analysis’, American Journal of Political Science, 32: 137–54.CrossRefGoogle Scholar
Meltzer, A. H. and Vellrath, M. (1975), ‘The Effects of Economic Policies on Votes for the Presidency’, Journal of Law and Economics, 18: 781–98.CrossRefGoogle Scholar
Monroe, K. R. (1979), ‘Econometric Analyses of Electoral Behavior: A Critical Review’, Political Behavior, 1: 137–74.Google Scholar
Nadeau, R., Niemi, Richard, and Yoshinaka, A. (2002), ‘A Cross-National Analysis of Economic Voting’, Electoral Studies, 21: 403–23.CrossRefGoogle Scholar
Nannestad, Peter and Paldam, Martin (1997), ‘From the Pocketbook of the Welfare Man: A Pooled Cross Sectional Study of Economic Voting in Denmark, 1986–1992’, British Journal of Political Science, 27: 119–37.Google Scholar
Page, Benjamin I. (1978), Choices and Echoes in Presidential Elections: Rational Man and Electoral Democracy, Chicago: University of Chicago Press.Google Scholar
Pak, Kyung-San (1993), ‘Economic Voting in the 14th Presidential Election’, Korean Political Science Review, 27: 185208.Google Scholar
Powell, Jr. and Bingham, G. (1982), Contemporary Democracies: Participation, Stability, and Violence, Harvard University Press.Google Scholar
Rosenstone, S. J. 1982), ‘Economic Adversity and Voter Turnout’, American Journal of Political Science, 26: 2546.CrossRefGoogle Scholar
Sears, D. O., Lau, R. R., Tyler, T. R., and Allen, H. M. (1980), ‘Self-Interest vs. Symbolic Politics in Policy Attitudes and Presidential Voting’, American Political Science Review, 74: 670–84.Google Scholar
Sears, D. O., Hensler, C. P., and Speer, L. K. (1979), ‘Whites’ Opposition to “Busing”: Self-Interest of Symbolic Politics’, American Political Science Review, 73: 369–84.Google Scholar
Tufte, E. R. (1978), Political Control of the Economy, Princeton, NJ: Princeton University Press.Google Scholar
Tyler, T. R. (1986), ‘Justice and Leadership Endorsement’, in Lau, R. R. and Sears, D. D. (eds.), Political Cognition, Hillsdale, NJ: Lawrence Erlbaum, pp. 257–78.Google Scholar