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An Experimental Approach to Economic Voting

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Abstract

The relationship between economic conditions and political behavior has received great attention for several decades. While it is widely accepted that incumbents are more likely to get reelected when the economy performs better, some methodological challenges have made it difficult to test this theory on survey data. This article reports on a series of studies that manipulate individual assessments of economic conditions, and use the downstream of these experiments to identify the causal effect of those assessments on presidential approval. Our findings suggest that changes in voter’s perceptions of the economy indeed translate into substantial changes in political support for the president.

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Notes

  1. Anderson (2007), Ashworth (2012) and Healy and Malhotra (2013) offer excellent reviews on the recent developments of the subfield.

  2. For instance, Lenz (2012) introduces a “three-wave” approach to reduce concerns of endogeneity. In particular, using an ANES panel dataset with three waves he predicts changes in presidential approval from the second to the third wave with economic assessments in the first wave. While this approach is clearly superior to the “conventional” test (that is, the one based on cross-sectional data), it still leaves the possibility that unobserved factors drive both disagreements about the economy in the first wave and changes in approval later on.

  3. Of course, it is also possible that some of the experimental research has produced null results so they are simply not visible to the academic comunity (see. Franco et al, 2014.)

  4. In particular, in Huber et al. (2012) subjects can chose to re-elect “allocators” that decide on payoffs in a dictator game. The results show that even in such a simple setup people deviate from optimal strategies. Relatedly, Healy and Lenz (2014) provide evidence that voters inadvertently overweigh election year performance when evaluating incumbents

  5. We became aware of these manuscripts after our own research concluded.

  6. Importantly, priming experiments do not seek to manipulate (potentially endogenous) attitudes about issues but rather the salience of these attitudes in the evaluation of politicians. Similarly, studies of responsibility-attribution manipulate the extent to which subjects see the government as responsible for a given outcome, but not the evaluation of the outcome per se.

  7. For instance, USA Today and the Wall Street Journal field surveys regularly to economists.

  8. A potential extension to our design would be to also manipulate the partisan leaning of the experts cited in the treatment (as in Alt and Lassen 2014; Alt et al. 2014). This would allow to incorporate and test the idea that Democrats are much more likely to listen to Democratic economic experts and discount the opinions of Republican economic experts, while Republicans are probably more likely to listen to Republican experts and discount the opinions of Democratic economic experts. We thank an anonymous reviewer for raising that point.

  9. While our treatment does not refer to a specific poll, but simply asks respondents if they have heard about such a poll, it nonetheless involves deception. We believe that there was minimal risk to participants in the experiment, and the design was submitted and approved by the IRB.

  10. One alternative to this design would have been to ask respondents about their perceptions of the economy both before and after the treatment. We decided against asking these questions twice to guard against participants realizing the goal of the experiment and thus minimizing the threat of demand effects.

  11. Descriptive statistics of the samples in each study are reported in Table 4 in the Appendix.

  12. It is possible that in a larger sample, the opinion of “American adults” would have led to changes in respondents’ opinion too. However, because our primary goal was to find experimental stimuli that effectively affect perceptions about economic conditions, we did not replicate this experiment.

  13. For these pooled estimates, we recode measures of economic assessments and approval to lie between 0 and 1. This is necessary because we used different scales across studies and it also helps to interpret regression coefficients as “issue-weights” (i.e. the proportion of change in economic assessments translating to changes in approval).

  14. We also looked at whether the effect of the treatment on the assessments of economic conditions is linear. Figure 1 in the Appendix plots the outcomes as a function of treatment values. The relationship in fact looks linear, except that at for the highest treatment values (more than 80 % agree that the economy has improved) the relationship flattens out.

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Acknowledgments

I express my gratitude to Paul Sniderman and Mike Tomz for their invaluable help and advice at various stages of this project. I thank Simon Jackman, Jon Middleton and Jon Mummolo for their helpful comments. All remaining errors are mine. Data and replication code will be provided on the author’s website upon publication.

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Correspondence to Gabor Simonovits.

Additional information

The data for Study 4 was collected by the Omnibus Survey of the Laboratory for the Study of American Values (LSAV) at Stanford University.

Electronic supplementary material

Below is the link to the electronic supplementary material.

Supplementary material 1 (DOCX 93 kb)

Appendix

Appendix

See Fig. 1 and Tables 4 and 5.

Fig. 1
figure 1

Non-parametric estimation of treatment effects. The mean assessment of current and retrospective economic conditions and presidential approval by treatment levels rounded to multiples of 0.1 Vertical lines are 95 % level confidence intervals for the mean

Table 4 Descriptive statistics
Table 5 Results by study

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Simonovits, G. An Experimental Approach to Economic Voting. Polit Behav 37, 977–994 (2015). https://doi.org/10.1007/s11109-015-9303-y

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