Electoral outcomes, power outages and firm performance


Pinar M., Karahasan B. C. , DENİZ P.

REGIONAL STUDIES, 2020 (SSCI) identifier identifier

  • Publication Type: Article / Article
  • Volume:
  • Publication Date: 2020
  • Doi Number: 10.1080/00343404.2020.1853690
  • Journal Name: REGIONAL STUDIES
  • Journal Indexes: Social Sciences Citation Index (SSCI), Scopus, IBZ Online, International Bibliography of Social Sciences, ABI/INFORM, Agricultural & Environmental Science Database, Business Source Elite, Business Source Premier, CAB Abstracts, EconLit, Geobase, PAIS International, Political Science Complete, Public Administration Abstracts, Public Affairs Index, Social services abstracts, Sociological abstracts, Worldwide Political Science Abstracts
  • Keywords: distributive politics, power outages, firm performance, regional inequality, ECONOMIC-GROWTH EVIDENCE, DISTRIBUTIVE POLITICS, ELECTRICITY SHORTAGES, ALLOCATION, PARTIES, VOTE, DETERMINANTS, CONNECTIONS, INVESTMENT, IDEOLOGY
  • Marmara University Affiliated: Yes

Abstract

Even though a wide range of the literature explores how governments target public goods strategically, only a handful of papers examine whether these electorally motivated distributive patterns have consequences for the real economy. With the use of Turkish electoral and firm-level data, this paper examines whether electoral factors affect the variation in power outages experienced by firms across Turkish regions. The findings demonstrate that sales of firms located in regions in which the incumbent party received more votes were disproportionately higher because these firms experienced relatively lower numbers and durations of power outages.