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An Analysis of Congressional Voting on Legislation Limiting Congressional Campaign Expenditures

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  • Bender, Bruce
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    Abstract

    Congressional voting on proposed floor amendments concerned solely with setting the level of the election campaign expenditure ceiling provision of the House Administration Committee's broad campaign finance reform bill of 1974 is analyzed for consistency with either the public-interest or economic theories of regulation. The benefit or cost to the individual congressman of a given ceiling is defined as the implied increase or decrease in his probability of reelection under the ceiling. Logit regression analysis provides the preponderant support for the economic theory of regulation by indicating that the likelihood of voting for a given ceiling varies directly with the implied change in reelection probability under the ceiling and is quite sensitive to the implied change. Copyright 1988 by University of Chicago Press.

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    Bibliographic Info

    Article provided by University of Chicago Press in its journal Journal of Political Economy.

    Volume (Year): 96 (1988)
    Issue (Month): 5 (October)
    Pages: 1005-21

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    Handle: RePEc:ucp:jpolec:v:96:y:1988:i:5:p:1005-21

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    Web page: http://www.journals.uchicago.edu/JPE/

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    Cited by:
    1. Potters, J.J.M. & Sloof, R., 1996. "Interest groups: A survey of empirical models that try to assess their influence," Open Access publications from Tilburg University urn:nbn:nl:ui:12-73373, Tilburg University.
    2. Anthony Boardman & Aidan Vining & W. G. Waters, 1993. "Costs and benefits through bureaucratic lenses: Example of a highway project," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 12(3), pages 532-555.
    3. Filip Palda, 2001. "Election Finance Regulation in Emerging Democracies: Lessons from Canada and the U.S," Public Economics 0111010, EconWPA.
    4. Franklin Mixon, Jr. & Steven Caudill & Christopher Duquette, 2008. "The impact of money on elections: evidence from open seat races in the United States House of Representatives, 1990-2004," Economics Bulletin, AccessEcon, vol. 4(2), pages 1-12.
    5. Filip Palda, 2001. "The Economics of Election Campaign Spending Limits," Public Economics 0111011, EconWPA.
    6. Thomas Evans, 2007. "An empirical test of why incumbents adopt campaign spending limits," Public Choice, Springer, vol. 132(3), pages 437-456, September.
    7. Filip Palda, 2002. "Campaign Finance: An Introduction to the Field," Public Economics 0209005, EconWPA.
    8. Pastine, Ivan & Pastine, Tuvana, 2012. "Incumbency advantage and political campaign spending limits," Journal of Public Economics, Elsevier, vol. 96(1), pages 20-32.
    9. John Lott, 2006. "Campaign finance reform and electoral competition," Public Choice, Springer, vol. 129(3), pages 263-300, December.
    10. Fredriksson, Per G. & Gaston, Noel, 1999. "The "greening" of trade unions and the demand for eco-taxes," European Journal of Political Economy, Elsevier, vol. 15(4), pages 663-686, November.
    11. repec:ebl:ecbull:v:4:y:2008:i:2:p:1-12 is not listed on IDEAS
    12. John A. Hird, 1990. "Superfund expenditures and cleanup priorities: Distributive politics or the public interest?," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 9(4), pages 455-483.

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