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APPROVAL RATING (3) answer(s).
 
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ID:   180697


Examining the “referendum theory” in Taiwan’s local elections / Eric Chen-hua Yu; Lim, Kah-yew   Journal Article
LIM, KAH-YEW Journal Article
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Summary/Abstract This paper analyzes the extent to which the performances of local and national governments can shape local election outcomes. Specifically, we use various waves of survey data from Taiwan’s Elections and Democratization Studies (TEDS) to explore whether a person’s assessments of local and central government performances affect his/her vote for the incumbent party candidate. Our empirical findings partially verify the so-called “referendum theory” and can be summarized as follows: First, voters who hold a positive assessment of the performance of local government are more likely to vote for an incumbent who seeks reelection, but this is not necessarily the case for an incumbent party candidate in an open-seat contest. Second, Taiwan’s local elections cannot be regarded as referenda on the central government because the central government approval rating does not consistently affect vote choices across different types/levels of local elections.
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2
ID:   181395


Presidential Approval Ratings and the Foreign Exchange Market: the Korean Won under the Park Guen Hye Government / Son, Byunghwan   Journal Article
Son, Byunghwan Journal Article
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Summary/Abstract Do presidential approval ratings affect exchange rates? The empirical purview of the vast literature on this topic has been confined to the run-up to elections. The importance of approval ratings in non-election periods has therefore been under-studied. Examining daily data on the exchange rate of the Korean won during the presidency of Park Geun Hye, we find that the won weakened (1) when Park’s ratings were low and (2) when they bounced back unexpectedly from a low level. This finding explains why Park’s impeachment did not lead to a serious panic in the won market. It seems that well before the impeachment, the exchange rate already reflected the market’s concerns about the uncertainty in the government.
Key Words Uncertainty  ;  Exchange Rates  ;  GARCH  ;  Approval Rating  ;  KRW 
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3
ID:   130196


Taiwan in 2013: stalemate at home, some headway abroad / Hsieh, John Fuh-Sheng   Journal Article
Hsieh, John Fuh-Sheng Journal Article
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Publication 2014.
Summary/Abstract The year 2013 in Taiwan was marked by a lackluster economy and stalemated politics. President Ma Ying-jeou's approval rating hit an all-time low. Still, Taiwan's relations with China were smooth, and Taiwan was able to make some gains in the international arena.
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