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Political power and the market for governors

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  • Burton Abrams

Abstract

The statistically insignificant results for the budget-power and veto-power variables suggest that, for some reason, these power characteristics are not particularly salable to consumers of governmental favors. It may simply be the case that political competition pushes governors to adopt median-voter public-policy outcomes despite the existence of discretionary budget and veto powers which permit them to behave otherwise. This suggests that discretionary powers may only be of value in those states where political competition is weak or where deviations from the wishes of the median voter are relatively costless (in terms of the value of votes lost) to the party or candidate in power. However, attempts to test this hypothesis using an interaction term between measures of inter-party competition and the governors budgetary and veto powers proved unsatisfactory. Perhaps, intra-party competition in ‘one-party’ states makes candidates just as responsive to the preferences of the median voter as are candidates in states with strong inter-party competition. Finally, the empirical results raise an interesting issue concerning the trend toward the ‘unbundling’ of gubernatorial races. Between 1960 and 1970, twelve states added (on average) eight points to their appointment power index while thirty-four states lost (on average) nearly seven points each. This decrease in gubernatorial appointment power (on average) suggests that data which merely report the growth in gubernatorial campaign spending during the sixties actually would underestimate the expansionary campaign-spending pressures at work. Copyright Martinus Nijhoff Publishers 1981

Suggested Citation

  • Burton Abrams, 1981. "Political power and the market for governors," Public Choice, Springer, vol. 37(3), pages 521-529, January.
  • Handle: RePEc:kap:pubcho:v:37:y:1981:i:3:p:521-529
    DOI: 10.1007/BF00133749
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    References listed on IDEAS

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    1. Crain, W Mark & Tollison, Robert D, 1977. "Attenuated Property Rights and the Market for Governors," Journal of Law and Economics, University of Chicago Press, vol. 20(1), pages 205-211, April.
    2. Dunlevy, James A & Yeager, James H, Jr, 1979. "Legislators as Taxicabs: A Reconsideration," Economic Inquiry, Western Economic Association International, vol. 17(2), pages 303-306, April.
    3. Abrams, Burton A & Settle, Russell F, 1978. "The Economic Theory of Regulation and Public Financing of Presidential Elections," Journal of Political Economy, University of Chicago Press, vol. 86(2), pages 245-257, April.
    4. Abrams, Burton A & Settle, Russell F, 1976. "The Effect of Broadcasting on Political Campaign Spending: An Empirical Investigation," Journal of Political Economy, University of Chicago Press, vol. 84(5), pages 1095-1107, October.
    5. Adam Gifford & Gary Santoni, 1978. "Politicians and property rights," Public Choice, Springer, vol. 33(1), pages 71-74, March.
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    Cited by:

    1. Gregory Randolph, 2011. "The voter initiative and the power of the governor: evidence from campaign expenditures," Constitutional Political Economy, Springer, vol. 22(3), pages 265-286, September.
    2. Joaquín Artés & Enrique Viñuela, 2007. "Campaign spending and office-seeking motivations: an empirical analysis," Public Choice, Springer, vol. 133(1), pages 41-55, October.
    3. 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.

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