IDEAS home Printed from https://ideas.repec.org/a/kap/atlecj/v27y1999i1p59-73.html
   My bibliography  Save this article

An analysis of PAC contributions and legislator quality

Author

Listed:
  • Robert Florence

Abstract

This paper empirically examines the influence of three legislator attributes on political action committee campaign contributions. In particular, the study investigates the roles that committee assignment, committee leadership, and majority party membership play on campaign contributions from political action committee representing firms from the four well-defined industries of aerospace, airline, automobile, and oil. The empirical results indicate that committee leadership is a key variable that drives contributions. However, membership on a seemingly relevant committee does not appear to carry as much weight. Furthermore, majority party membership appears to have a significant influence over the level of contributions. These patterns appear to be consistent over the eight election cycles studied. Copyright International Atlantic Economic Society 1999

Suggested Citation

  • Robert Florence, 1999. "An analysis of PAC contributions and legislator quality," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 27(1), pages 59-73, March.
  • Handle: RePEc:kap:atlecj:v:27:y:1999:i:1:p:59-73
    DOI: 10.1007/BF02299178
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/BF02299178
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1007/BF02299178?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Grier, Kevin B & Munger, Michael C, 1991. "Committee Assignments, Constituent Preferences, and Campaign Contributions," Economic Inquiry, Western Economic Association International, vol. 29(1), pages 24-43, January.
    2. Bennett, Randall W & Loucks, Christine, 1994. "Savings and Loan and Finance Industry PAC Contributions to Incumbent Members of the House Banking Committee," Public Choice, Springer, vol. 79(1-2), pages 83-104, April.
    3. Grier, Kevin B & Munger, Michael C & Torrent, Gary M, 1990. "Allocation Patterns of PAC Monies: The U.S. Senate," Public Choice, Springer, vol. 67(2), pages 111-128, November.
    4. Gerald Keim & Asghar Zardkoohi, 1988. "Looking for leverage in PAC markets: Corporate and labor contributions considered," Public Choice, Springer, vol. 58(1), pages 21-34, July.
    5. Michael Munger, 1989. "A simple test of the thesis that committee jurisdictions shape corporate PAC contributions," Public Choice, Springer, vol. 62(2), pages 181-186, August.
    6. Godwin, R Kenneth, 1990. "Investments in Rent-Seeking," Public Choice, Springer, vol. 64(3), pages 291-297, March.
    7. Denzau, Arthur T. & Munger, Michael C., 1986. "Legislators and Interest Groups: How Unorganized Interests Get Represented," American Political Science Review, Cambridge University Press, vol. 80(1), pages 89-106, March.
    8. Snyder, James M, Jr, 1990. "Campaign Contributions as Investments: The U.S. House of Representatives, 1980-1986," Journal of Political Economy, University of Chicago Press, vol. 98(6), pages 1195-1227, December.
    9. Hall, Richard L. & Wayman, Frank W., 1990. "Buying Time: Moneyed Interests and the Mobilization of Bias in Congressional Committees," American Political Science Review, Cambridge University Press, vol. 84(3), pages 797-820, September.
    10. Chappell, Henry W, Jr, 1982. "Campaign Contributions and Congressional Voting: A Simultaneous Probit-Tobit Model," The Review of Economics and Statistics, MIT Press, vol. 64(1), pages 77-83, February.
    11. Langbein, Laura I, 1993. "PACs, Lobbies and Political Conflict: The Case of Gun Control," Public Choice, Springer, vol. 77(3), pages 551-572, November.
    12. Wright, John R., 1985. "PACs, Contributions, and Roll Calls: An Organizational Perspective," American Political Science Review, Cambridge University Press, vol. 79(2), pages 400-414, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Potters, Jan & Sloof, Randolph, 1996. "Interest groups: A survey of empirical models that try to assess their influence," European Journal of Political Economy, Elsevier, vol. 12(3), pages 403-442, November.
    2. Joseph P. McGarrity & Daniel Sutter, 2000. "A Test of the Structure of PAC Contracts: An Analysis of House Gun Control Votes in the 1980s," Southern Economic Journal, John Wiley & Sons, vol. 67(1), pages 41-63, July.
    3. Ansolabehere, Stephen & De Figueiredo, John M. & Snyder, James M., 2003. "Are Campaign Contributions Investment in the Political Marketplace or Individual Consumption? Or "Why Is There So Little Money in Politics?"," Working papers 4272-02, Massachusetts Institute of Technology (MIT), Sloan School of Management.
    4. Stephen Ansolabehere & John M. de Figueiredo & James M. Snyder Jr, 2003. "Why is There so Little Money in U.S. Politics?," Journal of Economic Perspectives, American Economic Association, vol. 17(1), pages 105-130, Winter.
    5. Dana L. Hoag & Thomas G. Field, 1999. "Political and Economic Factors Affecting Agricultural PAC Contribution Strategies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(2), pages 397-407.
    6. Jay Dow & James Endersby & Charles Menifield, 1998. "The industrial structure of the California Assembly: Committee assignments, economic interests, and campaign contributions," Public Choice, Springer, vol. 94(1), pages 67-83, January.
    7. Randall Bennett & Christine Loucks, 2011. "Financial Services Industry PAC Contributions and Senate Committee Membership," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 39(3), pages 203-216, September.
    8. Randall Bennett & Christine Loucks, 2008. "PAC Contributions from Sectors of the Financial Services Industry, 1998–2002," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 36(4), pages 407-419, December.
    9. David Lowery & Virginia Gray, 2004. "Bias in the Heavenly Chorus," Journal of Theoretical Politics, , vol. 16(1), pages 5-29, January.
    10. Brian Kelleher Richter & Krislert Samphantharak & Jeffrey F. Timmons, 2009. "Lobbying and Taxes," American Journal of Political Science, John Wiley & Sons, vol. 53(4), pages 893-909, October.
    11. Kroszner, Randall S. & Stratmann, Thomas, 1999. "Does Political Ambiguity Pay? Corporate Campaign contributions and the Rewards to Legislator Reputation," Working Papers 155, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    12. Stratmann, Thomas, 1998. "The Market for Congressional Votes: Is Timing of Contributions Everything?," Journal of Law and Economics, University of Chicago Press, vol. 41(1), pages 85-113, April.
    13. Stratmann, Thomas, 1996. "How Reelection Constituencies Matter: Evidence from Political Action Committees' Contributions and Congressional Voting," Journal of Law and Economics, University of Chicago Press, vol. 39(2), pages 603-635, October.
    14. Michael Dorsch, 2013. "Bailout for sale? The vote to save Wall Street," Public Choice, Springer, vol. 155(3), pages 211-228, June.
    15. Jürgen Huber & Michael Kirchler, 2013. "Corporate campaign contributions and abnormal stock returns after presidential elections," Public Choice, Springer, vol. 156(1), pages 285-307, July.
    16. Hoyong Jung, 2022. "Examining the relationship between political spending and legislative activities," Bulletin of Economic Research, Wiley Blackwell, vol. 74(2), pages 539-568, April.
    17. Kroszner, Randall S & Stratmann, Thomas, 1998. "Interest-Group Competition and the Organization of Congress: Theory and Evidence from Financial Services' Political Action Committees," American Economic Review, American Economic Association, vol. 88(5), pages 1163-1187, December.
    18. Steven D. Levitt, 1995. "Policy Watch: Congressional Campaign Finance Reform," Journal of Economic Perspectives, American Economic Association, vol. 9(1), pages 183-193, Winter.
    19. Alexander Fink, 2017. "Donations to Political Parties: Investing Corporations and Consuming Individuals?," Kyklos, Wiley Blackwell, vol. 70(2), pages 220-255, May.
    20. Ivan Pastine & Tuvana Pastine, 2010. "Politician preferences, law-abiding lobbyists and caps on political contributions," Public Choice, Springer, vol. 145(1), pages 81-101, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:atlecj:v:27:y:1999:i:1:p:59-73. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.