Stephen Fisher, University of Oxford
This page gives details of the
current forecast from a new polls-based method for forecasting a general
election on 7th May 2015. The method was revised in February 2014 and is
described in a working paper.
The original October 2013 working paper is here. There is also occasional commentary at
my Elections
etc. blog. To receive Tweets with updates of both the forecast and
commentary, follow me @StephenDFisher.
The approach is broadly to predict the next election
based on current opinion polls and the track record of polls in previous
electoral cycles, allowing for change in opinion in the run up to the election.
The method allows for three main historical tendencies: governments being more
likely to recover and oppositions fall back; parties moving back towards their
long-run average level of support and/or the level of support at the previous
election; and lastly and by far the least important tendency is for the
Conservatives to over perform and Labour to under perform their vote intention
figures in the polls when it comes to election day. All three suggest a
Conservative recovery and a Labour set back from autumn 2013. The statistical
regression methodology generates estimates of uncertainty and so prediction
intervals (range of likely outcomes) and probabilities for key events are also
provided below. The forecast represents a way to think about the
implications of current opinion polls for the outcome of the next general
election in light of the historical relationship between polls and election
results. It is the product of a statistical analysis of the data and not my
personal opinion about what will happen.
Date of forecast: 20.06.2014
Days till the election: 321
Inputted current average poll shares
Con : 33
Lab : 36
LD : 8
Oth : 23
UKIP: 14 so UKIP share of combined Others vote is 61%
Forecast Election Day Shares with 95% Prediction Intervals
Con : 36.4 plus or minus 7.8 i.e. between 29 and 44
Lab : 31.8 plus or minus 5.9 i.e. between 26 and 38
LD : 12.3 plus or minus 9 i.e. between 3 and 21
Implied point estimate shares for:
Others combined: 19.5
UKIP :
11.9 (based on share of combined Others vote.)
Forecast Election Day Seats
Con : 307
Lab : 288
LD : 27
Con largest party, but short of a
majority by 19
Forecast Election Day Seats with approximate 95% Prediction Intervals
Assuming LD share at 12.3 and Other share at 19.5 and allowing Con and Lab to vary as per
intervals above.
Con between 223 and 404
Lab between 196 and 366
LD between 22 and 34
Approximate probabilities of key outcomes
Pr(Con largest
party) = 59%
Pr(Lab largest
party) = 41%
Pr(Con majority) =
34%
Pr(Lab majority) =
19%
Pr(Hung
parliament) = 47%
Pr(Hung parliament
with Con largest party) = 25%
Pr(Hung parliament
with Lab largest party) = 22%
The inputted current polling average is that from UK Polling Report,
chosen because it is sensible, convenient and frequently updated. But this is
not a claim that this is necessarily the best estimate of current opinion and
it would be reasonable to use other methods of averaging recent polls. On
occasion I will adjust the polling average to make it more up to date.
I try to update the forecast every week, and mostly on
Fridays.
Acknowledgements: I am very grateful for comments to John Curtice,
Jouni Kuha, Clive Payne,
Mark Pickup and Chris Prosser, and to Rob Ford, Will Jennings and Chris Wlezien for early discussions about this work. I am also
very grateful for the numerous and wide ranging comments on Twitter and
elsewhere online in response to previous drafts. The paper has been revised
substantially in part thanks to them. Most especially, I am indebted to Will
Jennings for compiling and preparing the historical polling data. The
methodology is a combination of previously developed techniques with
refinements and new developments. Please see the working paper for full details including
citations to previous related methods.
Department of Sociology
University of Oxford
Manor Road
Oxford OX1 3UQ
stephen.fisher@
sociology.ox.ac.uk or trinity.ox.ac.uk
No comments:
Post a Comment
Comment is open to all feel free to link to this blog.