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Are Campaign Contributions a Form of Speech? Evidence from Recent US House Elections

Author

Listed:
  • Dhammika Dharmapala

    (Economics Program, Research School of Social Sciences, Australian National University, Canberra)

  • Filip Palda

    (Ecole nationale d'administration publique in Montreal)

Abstract
This paper investigates the effects of the sources of candidates' campaign funding on their electoral outcomes, with particular emphasis on whether candidates who rely on a narrow base of funding suffer adverse electoral consequences. An extensive dataset consisting of over 650,000 contributions to House candidates in elections from 1980 to 1992 is used. The results reveal a negative relationship between the concentration of contributions and voteshare for open seat candidates and challengers. This may have significant implications for some of the empirical premises underlying the US Supreme Court's landmark {\em Buckley v. Valeo} decision. At very least the finding is an important stylized fact about US elections which is robust over the 1980's and early 1990's.

Suggested Citation

  • Dhammika Dharmapala & Filip Palda, 2001. "Are Campaign Contributions a Form of Speech? Evidence from Recent US House Elections," Public Economics 0111007, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwppe:0111007
    Note: Type of Document - PDF; prepared on IBM PC ; to print on HP/PostScript; pages: 37; figures: included. PDF file can be viewed or printed.
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    References listed on IDEAS

    as
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    7. David Austen-Smith, 1987. "Interest groups, campaign contributions, and probabilistic voting," Public Choice, Springer, vol. 54(2), pages 123-139, January.
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    9. McKelvey, Richard D. & Ordeshook, Peter C., 1985. "Elections with limited information: A fulfilled expectations model using contemporaneous poll and endorsement data as information sources," Journal of Economic Theory, Elsevier, vol. 36(1), pages 55-85, June.
    10. Gerber, Alan, 1998. "Estimating the Effect of Campaign Spending on Senate Election Outcomes Using Instrumental Variables," American Political Science Review, Cambridge University Press, vol. 92(2), pages 401-411, June.
    11. Austen-Smith, David, 1995. "Campaign Contributions and Access," American Political Science Review, Cambridge University Press, vol. 89(3), pages 566-581, September.
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    Cited by:

    1. repec:hal:spmain:info:hdl:2441/2ahul47tb09rvqfl9eelv7o5ca is not listed on IDEAS
    2. Christoph Vanberg, 2005. ""One Man, One Dollar"? Examining the equalization argument in support of campaign contribution limits," Papers on Strategic Interaction 2005-31, Max Planck Institute of Economics, Strategic Interaction Group.
    3. Julia Cage & Yasmine Bekkouche, 2018. "The Price of a Vote: Evidence from France, 1993-2014," SciencePo Working papers Main hal-03393149, HAL.
    4. repec:spo:wpmain:info:hdl:2441/7rcgbs4v788terphdvb6a5e8t8 is not listed on IDEAS
    5. Bekkouche, Yasmine & Cagé, Julia & Dewitte, Edgard, 2022. "The heterogeneous price of a vote: Evidence from multiparty systems, 1993–2017," Journal of Public Economics, Elsevier, vol. 206(C).
    6. Yasmine Bekkouche & Julia Cage, 2019. "The Heterogeneous Price of a Vote: Evidence from France, 1993-2014," SciencePo Working papers Main hal-03393084, HAL.
    7. Julia Cage & Yasmine Bekkouche, 2018. "The Price of a Vote: Evidence from France, 1993-2014," Working Papers hal-03393149, HAL.
    8. Cagé, Julia & Bekkouche, Yasmine, 2018. "The Heterogeneous Price of a Vote: Evidence from France, 1993-2014," CEPR Discussion Papers 12614, C.E.P.R. Discussion Papers.
    9. Keith Jakee & Guang-Zhen Sun, 2006. "Is compulsory voting more democratic?," Public Choice, Springer, vol. 129(1), pages 61-75, October.
    10. Fergusson, Leopoldo, 2014. "Media markets, special interests, and voters," Journal of Public Economics, Elsevier, vol. 109(C), pages 13-26.
    11. repec:spo:wpecon:info:hdl:2441/2ahul47tb09rvqfl9eelv7o5ca is not listed on IDEAS
    12. Alexandre Couture Gagnon, 2018. "Filip Palda: In memoriam," Public Choice, Springer, vol. 174(3), pages 213-217, March.
    13. Bekkouche, Yasmine & Cagé, Julia & Dewitte, Edgard, 2022. "The heterogeneous price of a vote: Evidence from multiparty systems, 1993–2017," Journal of Public Economics, Elsevier, vol. 206(C).
    14. repec:hal:spmain:info:hdl:2441/7rcgbs4v788terphdvb6a5e8t8 is not listed on IDEAS
    15. Vanberg, Christoph, 2008. ""One Man, One Dollar"? Campaign contribution limits, equal influence, and political communication," Journal of Public Economics, Elsevier, vol. 92(3-4), pages 514-531, April.
    16. repec:spo:wpmain:info:hdl:2441/2ahul47tb09rvqfl9eelv7o5ca is not listed on IDEAS
    17. repec:hal:spmain:info:hdl:2441/10lirmbd5p8h4ae52oi51b4cka is not listed on IDEAS
    18. repec:hal:wpspec:info:hdl:2441/2ahul47tb09rvqfl9eelv7o5ca is not listed on IDEAS
    19. repec:hal:wpspec:info:hdl:2441/10lirmbd5p8h4ae52oi51b4cka is not listed on IDEAS
    20. Yasmine Bekkouche & Julia Cage, 2018. "The Price of a Vote: Evidence from France, 1993-2014," Working Papers Series 68, Institute for New Economic Thinking.
    21. Yasmine Bekkouche & Julia Cage & Edgard Dewitte, 2022. "The Heterogeneous Price of a Vote: Evidence from Multiparty Systems, 1993-2017," SciencePo Working papers Main hal-03389172, HAL.

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    More about this item

    Keywords

    Campaign finance; contribution limits; spending limits; free speech; Buckley v. Valeo; Herfindahl index;
    All these keywords.

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • K39 - Law and Economics - - Other Substantive Areas of Law - - - Other

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