Partisanship and Economic Behavior: Do Partisan Differences in Economic Forecasts Predict Real Economic Behavior?
Abstract
Survey data regularly show that assessments of current and expected future economic performance are more positive when a respondent's partisanship matches that of the president. To determine if this is a survey artifact or something deeper, we investigate whether partisanship is associated with behavioral differences in economic decisions. We construct a new data set of county-level quarterly taxable sales to examine the effect of partisanship on consumption. Consumption change following a presidential election is correlated with a county's partisan complexion, a result consistent with partisans acting outside the domain of politics in accordance with the opinions they express in surveys. These results support an expansive view of the role of partisanship in mass politics and help validate surveys as a method for studying political behavior.
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A county that moves from 50% Democratic to 65% Democratic undergoes an increase in consumption 0.9% higher following a Democratic presidential victory compared with a Republican presidential victory.
“Gerber & Huber (2009) used data from county tax receipts to estimate that a county that moves from 50% Democratic to 65% Democratic undergoes an increase in consumption 0.9% higher following a Democratic presidential victory compared with a Republican presidential victory.”
From The Origins and Consequences of Affective Polarization in the United States (2019) · cites this paper as Gerber & Huber (2009)
Cites
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Festinger, L. (1957) · doi:10.1515/9781503620766 · Cited by 24,241 · see citing works
How Much Should We Trust Differences-in-Differences Estimates?
Bertrand, M., Duflo, E., & Mullainathan, S. (2004) · The Quarterly Journal of Economics · doi:10.1162/003355304772839588 · Cited by 10,641 · see citing works
Beyond the Running Tally: Partisan Bias in Political Perceptions
Bartels, L. M. (2002) · Political Behavior · doi:10.1023/a:1021226224601 · Cited by 1,468 · see citing works
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Social Media and Fake News in the 2016 Election
Allcott, H., & Gentzkow, M. (2017) · Journal of Economic Perspectives · doi:10.1257/jep.31.2.211 · Cited by 6,767 · see citing works
The Origins and Consequences of Affective Polarization in the United States
Iyengar, S., Lelkes, Y., Levendusky, M., Malhotra, N., & Westwood, S. J. (2019) · Annual Review of Political Science · doi:10.1146/annurev-polisci-051117-073034 · Cited by 3,317 · see citing works
The Nature and Origins of Misperceptions: Understanding False and Unsupported Beliefs About Politics
Flynn, D. J., Nyhan, B., & Reifler, J. (2017) · Political Psychology · doi:10.1111/pops.12394 · Cited by 1,183 · see citing works
Democratic and Republican physicians provide different care on politicized health issues
Hersh, E. D., & Goldenberg, M. N. (2016) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.1606609113 · Cited by 165 · see citing works
- Authors
- GERBER, A. S., & HUBER, G. A.
- Venue
- American Political Science Review
- Publisher
- Cambridge University Press (CUP)
- Published
- 2009-08
- Volume
- 103
- Issue
- 3
- Pages
- 407-426
- ISSN
- 0003-0554
- 1537-5943
- Cited by
- 236
- References
- 3
- Language
- en
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