Predicting the popular vote, part I

 
 
Popular vote

Model
1
2
3
4

July popularity
0.189**
0.322**
0.315**
0.269**
-3.59
-5.09
-4.56
-5.08
GNP change
1.523**
-3.22
In-party Terms
-4.151**
-3.28
Leading indicators
0.11
-0.34
GDP growth
0.293
-1.81
Incumbent dummy
3.832*
-2.79
Constant
42.569**
36.899**
37.122**
36.167**
-16.17
-11.63
-11.09
-14.33
Observations
15
15
15
15
R-squared
0.87
0.67
0.67
0.83

Absolute value of t statistics in parentheses
* significant at 5%; ** significant at 1%

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