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来源类型Working Paper
规范类型报告
DOI10.3386/w18500
来源IDWorking Paper 18500
Did the New Deal Solidify the 1932 Democratic Realignment?
Shawn Kantor; Price V. Fishback; John Joseph Wallis
发表日期2012-11-01
出版年2012
语种英语
摘要The critical election of 1932 represented a turning point in the future electoral successes of the Democrats and Republicans for over three decades. This paper seeks to measure the importance of the New Deal in facilitating the Democrats' control of the federal government well into the 1960s. We test whether long-differences in the county-level electoral support for Democratic presidential candidates after the 1930s can be attributed to New Deal interventions into local economies. We also investigate more narrowly whether voters rewarded Roosevelt from 1932 to 1936 and from 1936 to 1940 for his efforts to stimulate depressed local economies. Our instrumental variables estimates indicate that increasing a county's per capita New Deal relief and public works spending from nothing to the sample mean ($277) would have increased the long-run support for the Democratic party by 10 percentage points. We further find that the long-run shift toward the Democratic party after 1928 was not a function of the Roosevelt landslide victory in 1932. Roosevelt's ability to win over voters during the 1936 and 1940 elections, however, did matter for the long-term.
主题Public Economics ; National Fiscal Issues ; History ; Other History
URLhttps://www.nber.org/papers/w18500
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/576175
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Shawn Kantor,Price V. Fishback,John Joseph Wallis. Did the New Deal Solidify the 1932 Democratic Realignment?. 2012.
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