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Electoral Victory and Statistical Defeat? Economics, Politics, and the 2004 Presidential Election



Author(s): William Nordhaus

Source:
    Journal:Quarterly Journal of Political Science
    ISSN Print:1554-0626,  ISSN Online:1554-0634
    Publisher:Now Publishers
    Volume 1 Number 3,

Document Type: Article
Pages: 10 (313-322)
DOI: 10.1561/100.00000014

Abstract: The 2004 election has been interpreted as a resounding victory for conservative values. Was it in fact a mandate? The present analysis examines recent electoral outcomes and the 2004 election with particular reference to economic and political fundamentals. It compares the results of the 2004 election with predictions using voting models. Additionally, it identifies the trends for different socioeconomic groups. It concludes that the Republican incumbent candidate in 2004 did significantly worse than would be predicted based on economic and political variables such as incumbency and economic performance.