Removal of CV increased income inequality in Venezuela. RMF
Carey, John, and Yusaku Horiuchi. Compulsory Voting and Income Inequality. Rep.
Dartmouth College, 22 Apr. 2013. Webb b
This is equivalent to say that the effect of the 1993 intervention in Venezuela on income equality is significant at 10% level….Given the results of these two placebo tests, we are inclined to believe that the intervention in
1993 in Venezuela caused an unusually sharp increase in income inequality during the post-intervention period.
(18) In sum, all these results suggest that the removal of legal sanctions for nonvoting in Venezuela in 1993 fueled the observed increase in income equality after 1993. (19)
The authors then goon to examine the political and economic landscape of Venezuela at the time and find
that, at least for the period surrounding the repeal of compulsory voting, it seems unlikely that other
trends would completely nullify the effect they observed. Also, significant at the 10% level essentially
means that there is a less than ten percent chance that the observed effect (in this case increased income
inequality) is due to something other than the study’s variable (repeal of compulsory voting.
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