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« New NBER working paper by James Heckman ``Econometric Causality'' | Main | Tuesday: Tips & Tricks »
4 May 2008
Since I have qualifying exams tomorrow, I'll keep this entry unimaginative. I've re-run my predictions for the Indiana and North Carolina primaries on Tuesday, adding a few new bells and whistles:
With the help of a turnout model, I can actually predict the election result by multiplying turnout by population and adding up votes for Clinton and Obama. When I do that, I get:
Indiana: Clinton 53.5%, Obama 46.5%; turnout 950,000
North Carolina: Obama 58%, Clinton 42%; turnout 1,200,000
Yowzers! We'll see how the real numbers pan out. Here are a few details on the two models:
This time I included even more covariates for both models. Next to the ones found to be important, I've placed their effect in parentheses.
How do my results stack up against the current polls? In Indiana, the RealClearPolitics average has Clinton +6%, only a point from my prediction. In North Carolina, the RCP average has Obama +8%, significantly below my predicted 16% victory. Two factors shed light on this discrepancy:
We'll see how it pans out on Tuesday. I'm more than willing to eat crow :)
Posted by Kevin Bartz at May 4, 2008 6:38 PM
Obama has the election. It's easy to run all the statistical analysis we can, yet it leaves out human emotion. People are emotionally stimulated by old Barack, not Hilldog. In the end it will be a CLOSE race between Obama and McCain.... of course I support ron paul
Posted by: swimming master at May 4, 2008 8:24 PM
Good luck Kevin! I'll have a beer in your honor tonight.
148 days to go for me.
Posted by: Chris Albon at May 4, 2008 9:03 PM
Kevin, I've got two questions:
1. What's the meaning of the squared Kerry share for the model?
2. What causes the extremely high (even for aggregate analysis) R2 values? Is there some autoregressive term included?!
I'm not familiar with U.S. voting behavior but it seems extremely predictable given only sociodemographics.
Posted by: Michael Scharkow at May 5, 2008 3:07 AM
Pretty fun! If you can't commit to the TV tomorrow night, but still want a taste of drama, I'll be spooling out results on live on Twitter.
http://latimesblogs.latimes.com/washington/2008/05/get-instant-cli.html
Posted by: Ben Welsh at May 5, 2008 12:40 PM