Politicians' Outside Earnings and Political Competition
Johannes Becker,
Andreas Peichl and
Johannes Rincke (johannes.rincke@fau.de)
No 3902, IZA Discussion Papers from Institute of Labor Economics (IZA)
Abstract:
This paper deals with the impact of electoral competition on politicians' outside earnings. In our framework, politicians face a tradeoff between allocating their time to political effort or to an alternative use generating outside earnings. The main hypothesis is that the amount of time spent on outside work is negatively related to the degree of electoral competition. We test this hypothesis using a new dataset on outside earnings of members of the German federal assembly. Taking into account the potential endogeneity of measures of political competition that depend on past election outcomes, we find that politicians facing low competition have substantially higher outside earnings.
Keywords: outside earnings; political competition; political rents (search for similar items in EconPapers)
JEL-codes: D72 J45 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2008-12
New Economics Papers: this item is included in nep-cdm and nep-pol
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Published - published in: Public Choice, 2009, 140 (3-4), 379 - 394
Downloads: (external link)
https://docs.iza.org/dp3902.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp3902
Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany
library@iza.org
Access Statistics for this paper
More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte (hinte@iza.org).