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Candidate Valence: Evidence From Consecutive Presidential Elections

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  • Arianna Degan

Abstract

This article develops and estimates a dynamic spatial model of voting. The distribution of voters' policy positions and candidates' valence are recovered using individual-level data on voting decisions in two consecutive presidential elections. The estimated model is used to provide an equilibrium interpretation of observed individual voting profiles and aggregate electoral outcomes as well as to conduct counterfactual experiments that assess the impact of candidates' policy positions, valence, and voters' information on electoral outcomes. Copyright 2007 by the Economics Department Of The University Of Pennsylvania And Osaka University Institute Of Social And Economic Research Association.

Suggested Citation

  • Arianna Degan, 2007. "Candidate Valence: Evidence From Consecutive Presidential Elections," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 48(2), pages 457-482, May.
  • Handle: RePEc:ier:iecrev:v:48:y:2007:i:2:p:457-482
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    Cited by:

    1. Raphael Franck & Samia Tavares, 2008. "Income and vote switching between local and national elections: evidence from New York State," Economics Bulletin, AccessEcon, vol. 4(10), pages 1-10.
    2. Aragonès, Enriqueta & Xefteris, Dimitrios, 2017. "Voters' private valuation of candidates' quality," Journal of Public Economics, Elsevier, vol. 156(C), pages 121-130.
    3. Arianna Degan & Antonio Merlo, 2007. "A Structural Model of Turnout and Voting in Multiple Elections, Fourth Version," PIER Working Paper Archive 07-025, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Aug 2007.
    4. Arianna Degan & Antonio Merlo, 2011. "A Structural Model Of Turnout And Voting In Multiple Elections," Journal of the European Economic Association, European Economic Association, vol. 9(2), pages 209-245, April.
    5. Azrieli, Yaron, 2011. "Axioms for Euclidean preferences with a valence dimension," Journal of Mathematical Economics, Elsevier, vol. 47(4-5), pages 545-553.
    6. Azrieli, Yaron, 2009. "Characterization of multidimensional spatial models of elections with a valence dimension," MPRA Paper 14513, University Library of Munich, Germany.
    7. Stefan Krasa & Mattias Polborn, 2014. "Policy Divergence and Voter Polarization in a Structural Model of Elections," Journal of Law and Economics, University of Chicago Press, vol. 57(1), pages 31-76.
    8. Fernandez, Jose & Cataiefe, Guido, 2009. "Model of the 2000 Presidential Election: Instrumenting for Ideology," MPRA Paper 16264, University Library of Munich, Germany.
    9. Dimitrios Xefteris, 2016. "Candidate valence in a spatial model with entry," University of Cyprus Working Papers in Economics 05-2016, University of Cyprus Department of Economics.

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