Economic Performance, Voting, and Political Support: A Unified Approach
AbstractA presidential vote function and a presidential approval ratings function are jointly estimated for U.S. postwar observations. The estimation technique treats the two equations as seemingly unrelated regressions with unequal numbers of observations. Cross-equation restrictions implying that voters and poll respondents use identical standards in judging the economic performance of incumbents are imposed and tested. Estimates show that both votes and approval ratings are influenced by GNP growth and inflation. The results suggest that poll respondents are more inflation averse than voters; however, tests of this hypothesis are not conclusive. Copyright 1990 by MIT Press.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by MIT Press in its journal Review of Economics & Statistics.
Volume (Year): 72 (1990)
Issue (Month): 2 (May)
Contact details of provider:
Web page: http://mitpress.mit.edu/journals/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Blomberg, S. Brock & Hess, Gregory D., 1997.
"Politics and exchange rate forecasts,"
Journal of International Economics,
Elsevier, vol. 43(1-2), pages 189-205, August.
- Soeren Enkelmann & Michael Berlemann, 2013.
"The Economic Determinants of U.S. Presidential Approval - A Survey,"
Working Paper Series in Economics
272, University of Lüneburg, Institute of Economics.
- Michael Berlemann & Sören Enkelmann, 2012. "The Economic Determinants of U.S. Presidential Approval -A Survey-," CESifo Working Paper Series 3761, CESifo Group Munich.
- Geys, Benny & Vermeir, Jan, 2008. "The political cost of taxation: new evidence from German popularity ratings," Discussion Papers, Research Unit: Market Processes and Governance SP II 2008-06, Social Science Research Center Berlin (WZB).
- Wilko Letterie & Otto Swank, 1997. "Electoral and partisan cycles between US economic performance and presidential popularity: a comment on Stephen E. Haynes," Applied Economics, Taylor & Francis Journals, vol. 29(12), pages 1585-1592.
- Alex Ferreira & Sérgio Naruhiko Sakurai, 2009. "Personal Charisma or the Economy? Macroeconomic Indicators of Presidential Approval Ratings in Brazil," Working Papers 09_09, Universidade de São Paulo, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto.
- Swank, Otto H., 1998. "Partisan Policies, Macroeconomic Performance and Political Support," Journal of Macroeconomics, Elsevier, vol. 20(2), pages 367-386, April.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Karie Kirkpatrick).
If references are entirely missing, you can add them using this form.