Forecasting the 2012 French legislative election

Who will win the next French legislative election? This article provides forecasts based on an estimated vote function from local data (departements) between 1986 and 2007. Predicting the presidential winner or presidential outcomes is a recent tradition in France but one that has produced fairly accurate results. Yet the literature has paid less attention to forecasting legislative elections. In this article, I propose to fill this gap by estimating a politico-econometric model where vote decision is based on economic (unemployment, GDP) and political (PM popularity, previous electoral vote share, partisan trend) factors. On the basis of this model, a defeat for right-wing parties at the second round is forecasted unless, against all odds, Nicolas Sarkozy wins the presidential election.