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Campaign Contributions and Congressional Voting: Does the Timing of Contributions Matter?

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Author Info
Stratmann, Thomas

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Abstract

Theoretical and empirical studies do not address whether campaign contributions from more than one election cycle are important for congressional voting behavior. Further, they do not address whether campaign contributions from different periods have different effects on legislative voting behavior. This paper analyzes the cumulative effect of campaign contributions over two time periods. Moreover, this paper studies the importance of the timing of contributions for legislative voting behavior. Ten roll call votes on price supports and quotas for various farm commodities in 1981 and 1985 are analyzed. Most of the estimated contribution coefficients are statistically significant. The results show that without campaign contributions farm interest would have lost in five of the seven votes that were won. Moreover, contributions that were given at approximately the same time as the vote have a larger impact on voting behavior than contributions that the legislator received one or two years prior to the vote. Copyright 1995 by MIT Press.

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Publisher Info
Article provided by MIT Press in its journal Review of Economics & Statistics.

Volume (Year): 77 (1995)
Issue (Month): 1 (February)
Pages: 127-36
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Handle: RePEc:tpr:restat:v:77:y:1995:i:1:p:127-36

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  1. Thomas Stratmann, 2006. "Contribution limits and the effectiveness of campaign spending," Public Choice, Springer, vol. 129(3), pages 461-474, December. [Downloadable!] (restricted)
  2. Thomas Stratmann, 2003. "Tainted Money? Contribution Limits and the Effectiveness of Campaign Spending," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
  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. [Downloadable!]
  4. Thomas Stratmann & Francisco J. & Aparicio-Castillo, 2006. "Competition policy for elections: Do campaign contribution limits matter?," Public Choice, Springer, vol. 127(1), pages 177-206, April. [Downloadable!] (restricted)
  5. Claessens, Stijn & Feijen, Erik & Laeven, Luc, 2007. "Political Connections and Preferential Access to Finance: The Role of Campaign Contributions," CEPR Discussion Papers 6045, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  6. repec:bep:buspol:2:2000:1:35-52 is not listed on IDEAS
  7. Hoag, Dana & Hornbrook, Elizabeth & van Doren, Terry, 1997. "Political and Economic Factors Affecting Agricultural PAC Contribution Strategies," 1997 Annual Meeting, July 13-16, 1997, Reno\Sparks, Nevada 35888, Western Agricultural Economics Association. [Downloadable!]
  8. Thomas Stratmann, 2005. "Some talk: Money in politics. A (partial) review of the literature," Public Choice, Springer, vol. 124(1), pages 135-156, July. [Downloadable!] (restricted)
  9. Peter Grajzl & Peter Murrell, 2006. "Lawyers and politicians: the impact of organized legal professions on institutional reforms," Constitutional Political Economy, Springer, vol. 17(4), pages 251-276, December. [Downloadable!] (restricted)
    Other versions:
  10. repec:bep:buspol:2:2000:1:75-88 is not listed on IDEAS
  11. Randall S. Kroszner & Philip E. Strahan, 2000. "Obstacles to Optimal Policy: The Interplay of Politics and Economics in Shaping Bank Supervision and Regulation Reforms," CRSP working papers 512, Center for Research in Security Prices, Graduate School of Business, University of Chicago. [Downloadable!]
  12. Stijn Claessens & Erik Feijen & Luc Laeven, 2006. "Does Campaign Finance imply Political Favors?," Tinbergen Institute Discussion Papers 06-002/2, Tinbergen Institute. [Downloadable!]
  13. Randall S. Kroszner & Thomas Stratmann, 1999. "Does Political Ambiguity Pay? Corporate Campaign contributions and the Rewards to Legislator Reputation," University of Chicago - George G. Stigler Center for Study of Economy and State 155, Chicago - Center for Study of Economy and State. [Downloadable!]
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