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Economics and Politics in France

Economic Performance and Mass Political Support for Presidents Pompidou and Giscard d'Estaing

Bibliographic Data

ID6258038
AuthorsDouglas A Hibbs (Harvard University), Nicholas Vasilatos (Harvard University)
Year1981
Volume9
Issue2
Pages133-145
Publication date1981-06-01
Open AccessYes
TypeARTICLE
VenueEuropean Journal of Political Research (JOURNAL)
Journal identifiersISSN: 0304-4130 • E-ISSN: 1475-6765
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1475-6765.1981.tb00595.x
OpenAlexW2046001320
LanguageEN
Citations received27
References cited4

During recent years the state of the economy has been a very salient issue for the mass publics of the industrial democracies, and the French electorate is no exception. In this article the influence of inflation, unemployment and real income growth performance on popular ‘satisfaction’ with Presidents Pompidou and Giscard d'Estaing is analysed. The empirical analyses are based on a model of qualitative political responses. The most important features of the model are that people evaluate a President's economic performance relatively rather than absolutely, and that the weights placed upon current and past performance in the formation of contemporaneous political judgments decline geometrically. The empirical results indicate clearly that a President's standing with the mass public depends primarily on the performance of the real economy (in particular, the real income growth rate), rather than on nominal economic conditions (the inflation rate). This suggests that deflationary macroeconomic policies sacrificing employment and real output and income growth in order to achieve price deceleration are not likely to enhance a President's support in the French electorate

Deflation · Economics · Inflation (cosmology · Keynesian economics · Macroeconomics · Monetary policy · Order (exchange · Political economy · Political science · Politics · Unemployment · Economic Theory and Institutions · Electoral Systems and Political Participation · Law · Political Theory and Influence · Finance

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Citations per year0.6
Citation span1981 - 2026 (46)
Highly citedNo

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