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Voter Preferences and Political Change: Evidence from Shale Booms

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Listed:
  • Viktar Fedaseyeu
  • Erik Gilje
  • Philip E. Strahan

Abstract

Local interests change sharply after the energy booms that began in 2003, when hydraulic fracturing spurred extraction of formerly uneconomic oil and gas reserves. Support for conservative interests rises and Republican political candidates gain votes after booms, leading to a near doubling in the probability of a change in incumbency. All of this change occurs at the expense of Democrats. Voting records of U.S. House members from boom districts become sharply more conservative across a wide range of issues, including issues unrelated to energy policy. At the level of the individual, marginal candidates skew their voting behavior somewhat toward more conservative causes, but generally not enough to maintain power. Thus, even when the stakes are high and politicians risk losing power, ideology trumps ambition.

Suggested Citation

  • Viktar Fedaseyeu & Erik Gilje & Philip E. Strahan, 2015. "Voter Preferences and Political Change: Evidence from Shale Booms," NBER Working Papers 21789, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberwo:21789
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    Cited by:

    1. Pavel Jelnov, 2019. "What Remains After the Oil Boom Is Over?," Economics Bulletin, AccessEcon, vol. 39(2), pages 1327-1335.
    2. Jones, Daniel B. & Walsh, Randall, 2018. "How do voters matter? Evidence from US congressional redistricting," Journal of Public Economics, Elsevier, vol. 158(C), pages 25-47.
    3. Matsusaka, John G., 2017. "When Do Legislators Follow Constituent Opinion? Evidence from Matched Roll Call and Referendum Votes," Working Papers 264, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    4. John G. Matsusaka, 2018. "Public policy and the initiative and referendum: a survey with some new evidence," Public Choice, Springer, vol. 174(1), pages 107-143, January.
    5. Alexander James & Nathaly M. Rivera & Brock Smith, 2022. "Cash Transfer and Voter Turnout," Working Papers wp536, University of Chile, Department of Economics.

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    JEL classification:

    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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