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The President's Economy: Parity in Presidential Party Performance
Author(s) -
Campbell James E.
Publication year - 2012
Publication title -
presidential studies quarterly
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.337
H-Index - 5
eISSN - 1741-5705
pISSN - 0360-4918
DOI - 10.1111/j.1741-5705.2012.04018.x
Subject(s) - presidential system , political science , parity (physics) , business cycle , economics , political economy , law , politics , macroeconomics , physics , particle physics
Have D emocratic presidents since W orld W ar II had economic records that were superior to those of their R epublican counterparts? In a previous study, I reported findings that there were no significant differences between the economic records of the presidential parties once the conditions of the economy they inherited from their predecessor were taken into account. Comiskey and M arsh challenged this finding with an analysis that controlled for business cycle effects. This article reexamines the issue and C omiskey and M arsh's analysis. The reexamination reaffirms my earlier findings that the presidential parties have not significantly differed in their economic records once the effects of inherited economic conditions are taken into account.