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