IDEAS home Printed from https://ideas.repec.org/a/bla/ecopol/v8y1996i2p85-110.html
   My bibliography  Save this article

Endogenous Election Timing In Majoritarian Parliamentary Systems

Author

Listed:
  • Alastair Smith

Abstract

The election date is an endogenous choice in many parliamentary systems. This paper explores when governments call elections and how the timing of an election influences the electoral result. Governments have an incentive to behave opportunistically, calling elections at a time when they are performing well. However, the choice of election date reveals information about the government. Specifically, early elections indicate that a government has little faith in its ability to perform well in the future. The analysis is expanded to consider changes in government composition, political business cycles, informational asymmetries and the role of opposition campaigning.

Suggested Citation

  • Alastair Smith, 1996. "Endogenous Election Timing In Majoritarian Parliamentary Systems," Economics and Politics, Wiley Blackwell, vol. 8(2), pages 85-110, July.
  • Handle: RePEc:bla:ecopol:v:8:y:1996:i:2:p:85-110
    DOI: 10.1111/j.1468-0343.1996.tb00123.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1468-0343.1996.tb00123.x
    Download Restriction: no

    File URL: https://libkey.io/10.1111/j.1468-0343.1996.tb00123.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Barro, Robert J & Gordon, David B, 1983. "A Positive Theory of Monetary Policy in a Natural Rate Model," Journal of Political Economy, University of Chicago Press, vol. 91(4), pages 589-610, August.
    2. Ito, Takatoshi & Park, Jin Hyuk, 1988. "Political business cycles in the parliamentary system," Economics Letters, Elsevier, vol. 27(3), pages 233-238.
    3. Kenneth Rogoff & Anne Sibert, 1988. "Elections and Macroeconomic Policy Cycles," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 55(1), pages 1-16.
    4. Ito, Takatoshi, 1990. "The timing of elections and political business cycles in Japan," Journal of Asian Economics, Elsevier, vol. 1(1), pages 135-156.
    5. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65(2), pages 135-135.
    6. Ito, Takatoshi, 1991. "International impacts on domestic political economy: a case of Japanese general elections," Journal of International Money and Finance, Elsevier, vol. 10(1, Supple), pages 73-89, March.
    7. Minford, Patrick & Peel, David, 1982. "The political theory of the business cycle," European Economic Review, Elsevier, vol. 17(2), pages 253-270.
    8. Takatoshi Ito, 1991. "The Japanese Economy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262090295, April.
    9. Rogoff, Kenneth, 1990. "Equilibrium Political Budget Cycles," American Economic Review, American Economic Association, vol. 80(1), pages 21-36, March.
    10. Banks, Jeffrey S & Sobel, Joel, 1987. "Equilibrium Selection in Signaling Games," Econometrica, Econometric Society, vol. 55(3), pages 647-661, May.
    11. Cargill, Thomas F & Hutchison, Michael M, 1991. "Political Business Cycles with Endogenous Election Timing: Evidence from Japan," The Review of Economics and Statistics, MIT Press, vol. 73(4), pages 733-739, November.
    12. Riker, William H., 1982. "The Two-party System and Duverger's Law: An Essay on the History of Political Science," American Political Science Review, Cambridge University Press, vol. 76(4), pages 753-766, December.
    13. William D. Nordhaus, 1975. "The Political Business Cycle," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 42(2), pages 169-190.
    14. Harrington, Joseph E, Jr, 1993. "Economic Policy, Economic Performance, and Elections," American Economic Review, American Economic Association, vol. 83(1), pages 27-42, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Eric Dubois, 2016. "Political business cycles 40 years after Nordhaus," Public Choice, Springer, vol. 166(1), pages 235-259, January.
    2. Bierbrauer, Felix & Mechtenberg, Lydia, 2008. "Winners and losers of early elections: On the welfare implications of political blockades and early elections," SFB 649 Discussion Papers 2008-071, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    3. Alastair Smith, 1998. "Fighting Battles, Winning Wars," Journal of Conflict Resolution, Peace Science Society (International), vol. 42(3), pages 301-320, June.
    4. Marcelin, Isaac & Stephen, Sheryl-Ann K. & Fanta, Fassil & Tecklezion, Mussie, 2019. "Political regimes, investment and electoral uncertainty," Research in International Business and Finance, Elsevier, vol. 47(C), pages 580-599.
    5. Voia, Marcel-Cristian & Ferris, J. Stephen, 2013. "Do business cycle peaks predict election calls in Canada?," European Journal of Political Economy, Elsevier, vol. 29(C), pages 102-118.
    6. André Blais & Elisabeth Gidengil & Neil Nevitte & Richard Nadeau, 2004. "Do (Some) Canadian Voters Punish a Prime Minister for Calling a Snap Election?," Political Studies, Political Studies Association, vol. 52(2), pages 307-323, June.
    7. J. Stephen Ferris & Derek E. H. Olmstead, 2012. "Fixed versus Flexible Election Cycles: Explaining innovation in the timing of Canada’s Election Cycle," Carleton Economic Papers 12-04, Carleton University, Department of Economics, revised 01 Dec 2016.
    8. George Tridimas, 2017. "Constitutional choice in ancient Athens: the evolution of the frequency of decision making," Constitutional Political Economy, Springer, vol. 28(3), pages 209-230, September.
    9. Michael Becher, 2019. "Dissolution power, confidence votes, and policymaking in parliamentary democracies," Journal of Theoretical Politics, , vol. 31(2), pages 183-208, April.
    10. Jussi Keppo & Lones Smith & Dmitry Davydov, 2006. "Optimal Electoral Timing: Exercise Wisely and You May Live Longer," Cowles Foundation Discussion Papers 1565, Cowles Foundation for Research in Economics, Yale University.
    11. Becher, Michael, 2018. "Dissolution Power, Confidence Votes, and Policymaking in Parliamentary Democracies," TSE Working Papers 18-945, Toulouse School of Economics (TSE).
    12. J. Stephen Ferris & Derek E. H. Olmstead, 2017. "Fixed versus flexible election terms: explaining innovation in the timing of Canada’s election cycle," Constitutional Political Economy, Springer, vol. 28(2), pages 117-141, June.
    13. Claude Berrebi & Esteban F. Klor, 2006. "On Terrorism and Electoral Outcomes," Journal of Conflict Resolution, Peace Science Society (International), vol. 50(6), pages 899-925, December.
    14. Lesmono, Dharma & Tonkes, Elliot & Burrage, Kevin, 2009. "Opportunistic timing and manipulation in Australian Federal Elections," European Journal of Operational Research, Elsevier, vol. 192(2), pages 677-691, January.
    15. Heckelman, Jac C., 2001. "Partisan Business Cycles under Variable Election Dates," Journal of Macroeconomics, Elsevier, vol. 23(2), pages 261-275, April.
    16. Fouad Pervez, 2015. "Waiting for election season," The Review of International Organizations, Springer, vol. 10(2), pages 265-303, June.
    17. Eric Dubois, 2016. "Political Business Cycles 40 Years after Nordhaus," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01291401, HAL.
    18. Felix Bierbrauer & Lydia Mechtenberg, 2008. "Winners and Losers of Early Elections: On the Welfare Implications of Political Blockades and Early Elections," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2008_50, Max Planck Institute for Research on Collective Goods.
    19. Eric Dubois, 2016. "Political Business Cycles 40 Years after Nordhaus," Post-Print hal-01291401, HAL.
    20. Becher, Michael, 2018. "Dissolution Power, Confidence Votes, and Policymaking in Parliamentary Democracies," IAST Working Papers 18-80, Institute for Advanced Study in Toulouse (IAST).
    21. Mattias K. Polborn & Gerald Willmann, 2009. "Optimal agenda-setter timing," Canadian Journal of Economics, Canadian Economics Association, vol. 42(4), pages 1527-1546, November.
    22. Timm Betz & Amy Pond, 2020. "Political Ownership," Munich Papers in Political Economy 01, Munich School of Politics and Public Policy and the School of Management at the Technical University of Munich.
    23. J. Stephen Ferris & Marcel-Cristian Voia, 2011. "Does the expectation or realization of a federal election precipitate Canadian output growth?," Canadian Journal of Economics, Canadian Economics Association, vol. 44(1), pages 107-132, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Eric Dubois, 2016. "Political Business Cycles 40 Years after Nordhaus," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01291401, HAL.
    2. Eric Dubois, 2016. "Political business cycles 40 years after Nordhaus," Public Choice, Springer, vol. 166(1), pages 235-259, January.
    3. Eric Dubois, 2016. "Political Business Cycles 40 Years after Nordhaus," Post-Print hal-01291401, HAL.
    4. Price, Simon, 1997. "Political Business Cycles and Macroeconomic Credibility: A Survey," Public Choice, Springer, vol. 92(3-4), pages 407-427, September.
    5. Marcelin, Isaac & Stephen, Sheryl-Ann K. & Fanta, Fassil & Tecklezion, Mussie, 2019. "Political regimes, investment and electoral uncertainty," Research in International Business and Finance, Elsevier, vol. 47(C), pages 580-599.
    6. Persson, Torsten & Tabellini, Guido, 1999. "Political economics and macroeconomic policy," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 22, pages 1397-1482, Elsevier.
    7. Jorge M. Streb, 2011. "Estabilización económica e incentivos políticos," CEMA Working Papers: Serie Documentos de Trabajo. 461, Universidad del CEMA.
    8. Mohammad Abdul Munim Joarder & A. K. M. Nurul Hossain & Monir Uddin Ahmed, 2016. "Does the central bank contribute to the political monetary cycles in Bangladesh?," Economic Change and Restructuring, Springer, vol. 49(4), pages 365-394, November.
    9. Michael Berlemann & Gunther Markwardt, 2007. "Unemployment and Inflation Consequences of Unexpected Election Results," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(8), pages 1919-1945, December.
    10. Berlemann, Michael & Markwardt, Gunther, 2003. "Partisan cycles and pre-electoral uncertainty," Dresden Discussion Paper Series in Economics 01/03, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    11. Josef Brechler & Adam Geršl, 2014. "Political legislation cycle in the Czech Republic," Constitutional Political Economy, Springer, vol. 25(2), pages 137-153, June.
    12. Cesar Alberto Campos Coelho & Francisco José Veiga & Linda Gonçalves Veiga, 2005. "Political Business Cycles in Local Employment," NIPE Working Papers 13/2005, NIPE - Universidade do Minho.
    13. Juan Carlos Berganza, 1998. "Relationships Between Politicians and Voters Through Elections: A Review Essay," Working Papers wp1998_9809, CEMFI.
    14. Vergne, Clémence, 2009. "Democracy, elections and allocation of public expenditures in developing countries," European Journal of Political Economy, Elsevier, vol. 25(1), pages 63-77, March.
    15. Dilla, Diana, 2017. "Staatsverschuldung und Verschuldungsmentalität [Public Debt and Debt Mentality]," MPRA Paper 79432, University Library of Munich, Germany.
    16. William D. Nordhaus, 1989. "Alternative Approaches to the Political Business Cycle," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 20(2), pages 1-68.
    17. Alberto Alesina & Gerald D. Cohen & Nouriel Roubini, 1992. "Macroeconomic Policy And Elections In Oecd Democracies," Economics and Politics, Wiley Blackwell, vol. 4(1), pages 1-30, March.
    18. César Martinelli & John Duggan, 2014. "The Political Economy of Dynamic Elections: A Survey and Some New Results," Working Papers 1403, Centro de Investigacion Economica, ITAM.
    19. Aleksandra Praščević, 2017. "Political Economy Of Misusing Income Distribution In The Electoral Process – Biased Pluralism Approach," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 62(214), pages 7-44, June - Se.
    20. Ganesh Manjhi & Meeta Keswani Mehra, 2019. "Dynamics of Political Budget Cycle," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 5(1), pages 135-158, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ecopol:v:8:y:1996:i:2:p:85-110. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0954-1985 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.