From Berry and Sanders, Table 5.1, pg 55.

 

Lobbying Groupsi=b0+b1 IDEOLOGYi + b2 REPUBLICANi + b3 LEADERi +

                                    b4 CONSTITUENCYi + b5 CONTRIBUTING GROUPSi +

                                    b6 $ CONTRIBUTEDi + ei

 

 

 

Coefficient

Estimate

T-statistic

Intercept

b0

12.82

 5.42

Ideology

b1

 -0.10

-3.31

Republican

b2

 -3.38

-1.62

Leader

b3

  3.16

 2.35

Constituency

b4

  0.30

 0.48

Contributing groups

b5

  0.69

 1.45

 $ Contributed

b6

-0.23

-0.58

R2=0.51

 

 

 

 

 

What else do we need to know in order to interpret this regression?

 

 

 

 

 

 

Coding / range of all the variables.

 

1.      Lobbying Groups, how many groups lobbied the representative on a bill to adopt a broad based energy tax.  Runs from  0-24

2.      Ideology 0-100, where 100=most liberal

3.      Republican 0,1 (dichotomy) where 1=Republican

4.      Leader 0,1 (dichotomy) where 1=Leadership position

5.      Constituency = strength of oil and gas lobby, in millions of dollars of production in the district

6.      Contributing Groups = total number of groups that supported the tax and made a campaign contribution to the representative

7.      $ Contributed = amount of contributions, in 1000’s of dollars