Corporate PAC Campaign Contributions in Perspective

Jeffrey Milyo, David Primo and Tim Groseclose

Business and Politics, 2000, vol. 2, issue 1, 75-88

Abstract: There is a vast empirical literature on the allocation of corporate PAC contributions in Congressional elections and the influence that these contributions have on the policy-making process. The attention given to PAC contributions is far in excess of their actual importance. Corporate PAC contributions account for about 10% of Congressional campaign spending and major corporations allocate far more money to lobbying or philanthropy than their affiliated PACs make in contributions.

Date: 2000
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