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Forecasting Norwegian elections: Out of work and out of office

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  • Arnesen, Sveinung
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    Abstract

    Across established democracies, the relationship between the economy and party choice is robust. In efforts to test the relationship further, forecasting models based on economic and political variables have been constructed for many democracies, most notably for France, the United Kingdom, and the United States. This work has produced an effective body of theory and empirical research on predicting election outcomes in advance. However, for certain other democracies, such as Norway, little or no election forecasting has been undertaken. This paper draws on established relationships from the economic voting literature and tests for their presence in Norwegian politics. We find that the vote share of the left bloc is sensitive to unemployment and whether or not they are in government. In line with the clientele hypothesis, the vote for the left has a positive relationship with unemployment figures. In addition, we find that being in office leads to a general depreciation of their vote share. The vote forecasting models constructed using these predictors are compared with and outperform an AR(1) benchmark model for sequentially updated ex post predictions of Norwegian elections over the last twenty years.

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    Bibliographic Info

    Article provided by Elsevier in its journal International Journal of Forecasting.

    Volume (Year): 28 (2012)
    Issue (Month): 4 ()
    Pages: 789-796

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    Handle: RePEc:eee:intfor:v:28:y:2012:i:4:p:789-796

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    Web page: http://www.elsevier.com/locate/ijforecast

    Related research

    Keywords: Norway; Election; Time series; Election forecast; Economic voting;

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    1. Swank, O H, 1993. " Popularity Functions Based on the Partisan Theory," Public Choice, Springer, vol. 75(4), pages 339-56, April.
    2. Nannestad, Peter & Paldam, Martin, 1994. " The VP-Function: A Survey of the Literature on Vote and Popularity Functions after 25 Years," Public Choice, Springer, vol. 79(3-4), pages 213-45, June.
    3. Lewis-Beck, Michael S. & Tien, Charles, 2008. "Forecasting presidential elections: When to change the model," International Journal of Forecasting, Elsevier, vol. 24(2), pages 227-236.
    4. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135.
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