Democracy and Economic Growth: Do Swing Voters Make a Difference?

41 Pages Posted: 8 Dec 2015

See all articles by Abhishek Bhardwaj

Abhishek Bhardwaj

Indian School of Business

Prasanna L. Tantri

Indian School of Business

Nagaraju Thota

BITS-Pilani Hyderabad Campus

Date Written: August 8, 2015

Abstract

Using actual voting records of simultaneous elections held for Indian federal and regional assemblies -- where same political parties contest against each other in both type of elections -- we identify swing voters. We find that the representatives supported by swing voters outperform significantly with respect to both constituency level outcomes as well as measures based on individual effort. Having controlled for the impact of observable factors, we follow Imbens (2003); Harada (2012) and conduct generalized sensitivity analysis in order to rule out the influence of unobservable factors. We show that the swing voters strengthen the positive association between democracy and growth.

Keywords: Democracy, Legislature, Elections, Performance of Government

JEL Classification: D72, D73, H11

Suggested Citation

Bhardwaj, Abhishek and Tantri, Prasanna L. and Thota, Nagaraju, Democracy and Economic Growth: Do Swing Voters Make a Difference? (August 8, 2015). Indian School of Business WP 2700552, Available at SSRN: https://ssrn.com/abstract=2700552 or http://dx.doi.org/10.2139/ssrn.2700552

Abhishek Bhardwaj (Contact Author)

Indian School of Business ( email )

Hyderabad, Gachibowli 500 019
India

Prasanna L. Tantri

Indian School of Business ( email )

Hyderabad, Gachibowli 500 032
India
9160099959 (Phone)

Nagaraju Thota

BITS-Pilani Hyderabad Campus ( email )

Shameerpet
Medchal
Hyderabad, 500078
India

HOME PAGE: http://universe.bits-pilani.ac.in/Hyderabad/thotanagaraju/profile

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