Returns to office in national and local politics

Kaisa Kotakorpi, Panu Poutvaara and Marko Tervio
Additional contact information
Kaisa Kotakorpi: University of Turku, Department of Economics and CESifo
Marko Tervio: Aalto University and HECER

No 86, Discussion Papers from Aboa Centre for Economics

Abstract: We study the returns to political office using data from Finnish parliamentary elections in 1970-2007 and municipal elections in 1996-2008. The discontinuity of electoral outcomes in individual candidate votes allows us to estimate the causal effect of being electedon subsequent income. Getting elected to parliament increases annual earnings initially by about 20 000 euro, but most of this effect fades out over time. Getting elected to a municipal council has a positive effect of about 1000 euro on subsequent annual earnings.

Keywords: returns to office; elections; regression discontinuity (search for similar items in EconPapers)
JEL-codes: D72 (search for similar items in EconPapers)
Pages: 43
Date: 2013-09
New Economics Papers: this item is included in nep-dem and nep-pol
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Related works:
Working Paper: Returns to Office in National and Local Politics (2016)
Working Paper: Returns to Office in National and Local Politics (2014)
Working Paper: Returns to Office in National and Local Politics (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:tkk:dpaper:dp86

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