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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.
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