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Political Parties and their Effect on the U.S. Economy

Title: Political Parties and their Effect on the U.S. Economy.
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Name(s): Parker, Logan, author
Department of Economics
Type of Resource: text
Genre: Text
Issuance: serial
Date Issued: 2014
Physical Form: computer
online resource
Extent: 1 online resource
Language(s): English
Abstract/Description: The relationship between political parties and the economy in the United States is investigated from 1953 and 2012. Regression models are used to calculate the effect political parties have on the percent change in real gross domestic product (RGDP) and the percent change in the consumer product index for urban consumers (CPI). RGDP is the proxy for the growth of the American economy, and the CPI is the proxy for inflation. The empirical results that are presented in this paper will suggest that Republican Party presidents, Republican Party controlled Senates, and Democratic Party controlled House of Representatives have a positive effect on the percent change in RGDP. This analysis also concludes neither political party has a direct effect on the percent change in CPI.
Identifier: FSU_migr_uhm-0365 (IID)
Keywords: Democrat, Republican, GDP, Inflation
Submitted Note: A Thesis submitted to the Department of Economics in partial fulfillment of the requirements for graduation with Honors in the Major.
Degree Awarded: Spring Semester, 2014.
Date of Defense: April 03, 2014.
Subject(s): America -- Politics and government
Econometrics
Macroeconomics
Economics
Persistent Link to This Record: http://purl.flvc.org/fsu/fd/FSU_migr_uhm-0365
Restrictions on Access: http://creativecommons.org/licenses/by/4.0/
Owner Institution: FSU
Is Part of Series: Honors Theses.

Choose the citation style.
Parker, L. (2014). Political Parties and their Effect on the U.S. Economy. Retrieved from http://purl.flvc.org/fsu/fd/FSU_migr_uhm-0365