Public Funding of Political Parties
Ignacio Ortuno Ortin and
Christian Schultz ()
No 735, Econometric Society World Congress 2000 Contributed Papers from Econometric Society
This paper concerns public funding of parties. Two policy motivated parties receive public funds depending on their vote share. Funds finance electoral campaigns influencing voting. Two cases are investigated. In the first some voters are policy motivated and some are ''impressionable'' - their vote depends directly on campaign expenditures. In the second campaigning is informative and all voters are policy motivated. Public funds increases policy convergence in both cases. The effect is larger, the more funding depends on vote shares. When campaigns are informative, there may be multiple equilibria. Intuitively, a large party can stay large since it receives large funds.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7) Track citations by RSS feed
Downloads: (external link)
http://fmwww.bc.edu/RePEc/es2000/0735.pdf main text (application/pdf)
Journal Article: Public Funding of Political Parties (2005)
Working Paper: Public Funding of Political Parties (2000)
Working Paper: PUBLIC FUNDING OF POLITICAL PARTIES (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ecm:wc2000:0735
Access Statistics for this paper
More papers in Econometric Society World Congress 2000 Contributed Papers from Econometric Society Contact information at EDIRC.
Bibliographic data for series maintained by Christopher F. Baum ().