Factors Influencing Governors' Salaries, 1961-2001
Markland Tuttle and
Donald Bumpass ()
The B.E. Journal of Economic Analysis & Policy, 2010, vol. 10, issue 1, 20
Abstract:
This paper examines the determinants of governors' salaries for the forty-eight contiguous states. State budgetary variables, personal income, population, unemployment rate and state government employment are the primary determinants of governors' compensation. There appears to be a large amount of convergence among salaries over the forty year sample period; the states with lower pay in 1961 experienced faster growth in their governor's compensation. Thus, findings support the view that a governor's pay is based primarily on the responsibility measured by the economic size of the state and the size of a state's government.
Keywords: governors’; salaries (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:bejeap:v:10:y:2010:i:1:n:34
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DOI: 10.2202/1935-1682.1542
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