@article{ART002625611},
author={Kim Ji Hye and KWON, HYEOK YONG},
title={Rising House Price and Support for the Incumbent Party: An Analysis of 2006-2018 Korean Local Elections},
journal={The Journal of Northeast Asia Research},
issn={2005-4432},
year={2020},
volume={35},
number={1},
pages={305-338},
doi={10.18013/jnar.2020.35.1.010}
TY - JOUR
AU - Kim Ji Hye
AU - KWON, HYEOK YONG
TI - Rising House Price and Support for the Incumbent Party: An Analysis of 2006-2018 Korean Local Elections
JO - The Journal of Northeast Asia Research
PY - 2020
VL - 35
IS - 1
PB - The Institute for Northeast Asia Research
SP - 305
EP - 338
SN - 2005-4432
AB - This paper explores the effects of house price changes on support for the incumbent party in local elections in South Korea. House price has dramatically increased during the 2003-2018 period. We examine patterns of retrospective economic voting induced by housing price changes under both liberal and conservative governments. We analyze party-ballot outcomes for provincial legislature in four local elections in 2006-2018. We find no discernible effects of housing price changes on support for the conservative incumbent party, but sizeable negative effects on support for the liberal incumbent party, especially in localities with low rates of home ownership. Our finding reveals an asymmetric reward-punishment voting behavior under different government partisanship.
KW - House price;Government Partisanship;Economic Voting;Local Elections
DO - 10.18013/jnar.2020.35.1.010
ER -
Kim Ji Hye and KWON, HYEOK YONG. (2020). Rising House Price and Support for the Incumbent Party: An Analysis of 2006-2018 Korean Local Elections. The Journal of Northeast Asia Research, 35(1), 305-338.
Kim Ji Hye and KWON, HYEOK YONG. 2020, "Rising House Price and Support for the Incumbent Party: An Analysis of 2006-2018 Korean Local Elections", The Journal of Northeast Asia Research, vol.35, no.1 pp.305-338. Available from: doi:10.18013/jnar.2020.35.1.010
Kim Ji Hye, KWON, HYEOK YONG "Rising House Price and Support for the Incumbent Party: An Analysis of 2006-2018 Korean Local Elections" The Journal of Northeast Asia Research 35.1 pp.305-338 (2020) : 305.
Kim Ji Hye, KWON, HYEOK YONG. Rising House Price and Support for the Incumbent Party: An Analysis of 2006-2018 Korean Local Elections. 2020; 35(1), 305-338. Available from: doi:10.18013/jnar.2020.35.1.010
Kim Ji Hye and KWON, HYEOK YONG. "Rising House Price and Support for the Incumbent Party: An Analysis of 2006-2018 Korean Local Elections" The Journal of Northeast Asia Research 35, no.1 (2020) : 305-338.doi: 10.18013/jnar.2020.35.1.010
Kim Ji Hye; KWON, HYEOK YONG. Rising House Price and Support for the Incumbent Party: An Analysis of 2006-2018 Korean Local Elections. The Journal of Northeast Asia Research, 35(1), 305-338. doi: 10.18013/jnar.2020.35.1.010
Kim Ji Hye; KWON, HYEOK YONG. Rising House Price and Support for the Incumbent Party: An Analysis of 2006-2018 Korean Local Elections. The Journal of Northeast Asia Research. 2020; 35(1) 305-338. doi: 10.18013/jnar.2020.35.1.010
Kim Ji Hye, KWON, HYEOK YONG. Rising House Price and Support for the Incumbent Party: An Analysis of 2006-2018 Korean Local Elections. 2020; 35(1), 305-338. Available from: doi:10.18013/jnar.2020.35.1.010
Kim Ji Hye and KWON, HYEOK YONG. "Rising House Price and Support for the Incumbent Party: An Analysis of 2006-2018 Korean Local Elections" The Journal of Northeast Asia Research 35, no.1 (2020) : 305-338.doi: 10.18013/jnar.2020.35.1.010
