Research Article

Economic Voting Theory in the Philippines

Authors

  • Jhenica Mae L. Jurado Business Economics Department, College of Commerce and Business Administration, University of Santo Tomas, Philippines
  • Jo Marj D. Villacorta Business Economics Department, College of Commerce and Business Administration, University of Santo Tomas, Philippines
  • Peter Jeff C. Camaro, M.A Business Economics Department, College of Commerce and Business Administration, University of Santo Tomas, Philippines

Abstract

The study examined how the performance of the politicians influences the voters’ decisions in the elections. The researchers modified Reed’s (1994) performance-based voting model to evaluate the performance of the politicians during their term in office. Since the model is a repeated election framework, the researchers focused on the senatorial elections during the Arroyo to Duterte administration (2004-2019) in the Philippines. The framework was used to determine whether the prospective or retrospective voting theories occurred in the elections and was able to compute for the value of the office of the politicians and evaluate their performance in office. The study showed that the retrospective voting theory occurred more than the prospective voting theory. It also showed that the citizens would vote for the senator regardless of their performance in office.

Article information

Journal

Journal of Economics, Finance and Accounting Studies

Volume (Issue)

4 (1)

Pages

184-202

Published

2022-01-15

How to Cite

Jurado, J. M. L., Villacorta, J. M. D. ., & Camaro, M.A, P. J. C. . (2022). Economic Voting Theory in the Philippines. Journal of Economics, Finance and Accounting Studies, 4(1), 184–202. https://doi.org/10.32996/jefas.2022.4.1.12

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Keywords:

Reed’s (1994) Performance-based Voting model, Philippines, Value of the Office, Retrospective Voting Theory, Prospective Voting Theory