Who Votes for Library Bonds? A Principal Component Exploration

Eric Jacobson

Papers from arXiv.org

Abstract: Previous research has shown a relationship between voter characteristics and voter support for tax bonds. These findings, however, are difficult to interpret because of the high degree of collinearity across the measures. From 13 demographic measures of voters in a library bond election, seven independent principal components were extracted which accounted for 95 percent of the variance. Whereas the direct demographic measures showed inconsistent relationships with voting, the principal components of low SES, college experience, female and service job were related to affirmative voting, while high home value was related to negative voting.

Date: 2021-06
New Economics Papers: this item is included in nep-cdm, nep-dcm and nep-pol
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