주택소유와 자산기반 투표 : 17대 ~ 19대 대통령 선거 분석 (2019.08)

• 저자 : 이재욱, 권혁용
• 학술지명 : OUGHTOPIA
• 발행처 : 경희대학교 인류사회재건연구원
• 권호 : 34(2)
• 게재년월 : 2019년 08월
• 초록 : There have been debates over whether income affects vote choice in Korean elections. Unlike the previous research, this paper shifts the focus on the effect of assets on individual vote choice. This paper explores the relationship between house ownership and vote choice by analyzing panel survey data for the period 2007-2012. The results of our analysis suggest that house ownership is associated with higher probabilities of voting for conservative candidates/parties consistently over the four elections held in 2007, 2010, and 2012. To test the robustness of our results, we first explored the mechanism that links house ownership to policy preferences, and to conservative vote choice, and then examine an alternative explanation, the age effect. We find that our main results are not a by-product of the working of a confounder, the age effect, but imply the asset ownership may have a causal effect on a conservative vote choice through forming/altering policy preferences. This analysis suggests that the asset ownership effect may be more pronounced than the income effect in Korean elections.