The impact of money on elections: evidence from open seat races in the United States House of Representatives, 1990-2004

Franklin Mixon, Steven B Caudill and Christopher Duquette ()
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Christopher Duquette: Center for Naval Analyses

Economics Bulletin, 2008, vol. 4, issue 2, 1-12

Abstract: A binary win/loss model is constructed and estimated on the results from 1990-2004 contests for open U.S. House seats. The results indicate that election outcomes are highly sensitive to the major-party candidates' campaign spending ratios, and increases in spending ratios are shown to translate into non-trivial increases the candidate''s probability of winning, a result that holds for both Republicans and Democrats. The payoff to high levels of spending explains why it''s so attractive for candidates to outspend their opponents by large margins.

Keywords: public; choice (search for similar items in EconPapers)
JEL-codes: D7 H3 (search for similar items in EconPapers)
Date: 2008-02-12
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Citations: View citations in EconPapers (2)

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