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Privatization and the British Electorate

Microeconomic Policies, Macroeconomic Evaluations, and Party Support

Bibliographic Data

ID6230971
AuthorsDonley T Studlar, I Mcallister (0000-0001-8448-6738), Alvaro Ascui
Year1990
Volume34
Issue4
Pages1077
Publication date1990-11-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueAmerican Journal of Political Science (JOURNAL)
Journal identifiersISSN: 0092-5853 • E-ISSN: 1540-5907
PublisherJSTOR (PUBLISHER)
DOI10.2307/2111472
OpenAlexW2332027812
LanguageEN
Citations received31
References cited26

Despite much scholarly research on the link between macroeconomic evaluations and political behavior, relatively little is known about the influence of government economic policy on this process. Margaret Thatcher's recent sales of public assets (privatization) in Britain provide a unique opportunity to examine the link between microeconomic activity (measured by privatization), macroeconomic evaluations, and voting. By applying multivariate analysis to data collected during the 1983 and 1987 general elections, we show that privatization (measured by share purchases and council house ownership) stimulates positive judgments about the country's economy. However, the effect of privatization on the vote is almost entirely indirect, via these retrospective judgments about the economy. While privatization has undoubtedly benefited the Conservatives electorally, the evidence on council house purchases suggests that the impact may be temporary

Business · Economic policy · Economics · Government (linguistics · Market economy · Political economy · Political science · Politics · Public economics · Voting · Electoral Systems and Political Participation · Fiscal Policies and Political Economy · Law · Political and Economic history of UK and US

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Unique citing works31
Citations per year0,91
Citation span1992 - 2026 (35)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 31

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