2016
DOI: 10.18267/j.pep.576
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Vote Buying and Victory of Election: The Case of Taiwan

Abstract: This paper examines the effect of vote buying on the vote shares of multiple parties using maximum likelihood estimation of a Dirichlet distribution in a panel of 23 counties of Taiwan over the period of 1998-2008. We find that vote buying significantly influences the vote shares of multiple parties in Taiwan parliamentary elections. In particular, we find that vote buying reduces the likelihood of Chinese National Party (KMT) and Democratic Progressive Party (DPP) votes by 10% and 11%, respectively. Our resul… Show more

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Cited by 4 publications
(3 citation statements)
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“…Most countries without proper implementation of the laws against vote buying usually experience more incidences of vote buying during elections. Jang and Chang, (2016) opined that vote buying reduces the transparency expected in a free and fair elections. They further asserted that the practice of vote buying is one of the key drivers of poverty amongst the masses as it encourages corruption within a country and may not have any significant effects on election outcomes.…”
Section: Vote Buying Policies and Its Impacts On Ervmentioning
confidence: 99%
See 1 more Smart Citation
“…Most countries without proper implementation of the laws against vote buying usually experience more incidences of vote buying during elections. Jang and Chang, (2016) opined that vote buying reduces the transparency expected in a free and fair elections. They further asserted that the practice of vote buying is one of the key drivers of poverty amongst the masses as it encourages corruption within a country and may not have any significant effects on election outcomes.…”
Section: Vote Buying Policies and Its Impacts On Ervmentioning
confidence: 99%
“…The strict implementation of this section may likely reduce the incidence of vote buying during elections as it has been shown to be effective in other climes. (Jang and Chang, 2016;Finan, and Schechter, 2012).…”
Section: Vote Buying Policies and Its Impacts On Ervmentioning
confidence: 99%
“…Few excellent works (e.g., Chien, Mayer, & Wang, 2014;Ejara, Nag, & Upadhyaya, 2012;Hung, 2013;Jang & Chang, 2016;Lin, Ho, Shen, & Wang, 2016;Sturm, 2013;Zouaoui, Nouyrigat, & Beer, 2011) deliberate on the market sentiment and financial crises, opinion-poll and equity market, PEC and stock market, U.S. elections and Taiwanese equity market, vote buying and election victory, emerging market investment strategy, and so on. However, there is a lack of studies that model the investor sentiment using the real-time expected stock market volatility prices.…”
Section: Review Of Earlier Studiesmentioning
confidence: 99%