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Decision making in politics and economics: 6. Empirically constructing the German political spectrum

Tangian, Andranik

Abstract:

The advocates of modern western democracy promote the viewpoint that the class division of the society is becoming outdated. We attempt to disprove this statement with an example of 28 German parties who participated in the 2013 federal election. The official party positions on 38 policy issues are considered and the parties are identified with vectors of this 38-dimensional policy space. The statement in question, that there is no predominant political axis, would imply that the party vectors are scattered homogeneously, making a ball-shaped cloud of "observations". However, the Prime Component Analysis (PCA) shows that the party vectors constitute a thin ellipsoid whose two longest diameters cover 83.4% of the total variance. The consequent party ordering is the left-right axis rolled in a circumference, making the far-left and far-right ends meet. Basing on this empirical evidence, we conclude that neither the left-right characterization of parties nor the class opposition is outdated.
Next, it is shown that the electoral success is highly correlated with the number of party members, but not with the party's capacity to represent public opinion. ... mehr


Volltext §
DOI: 10.5445/IR/1000046926
Cover der Publikation
Zugehörige Institution(en) am KIT Institut für Volkswirtschaftslehre (ECON)
Publikationstyp Forschungsbericht/Preprint
Publikationsjahr 2015
Sprache Englisch
Identifikator ISSN: 2190-9806
urn:nbn:de:swb:90-469269
KITopen-ID: 1000046926
Verlag Karlsruher Institut für Technologie (KIT)
Serie Working paper series in economics ; 66
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