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Ideology and Interests in the Political Marketplace

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  • Adam Bonica

Abstract

I develop a statistical method to measure the ideology of candidates and political action committees (PACs) using contribution data. The method recovers ideal points for incumbents that strongly correlate with ideological measures recovered from voting records, while simultaneously recovering positions for PACs, unsuccessful challengers, and open‐seat candidates. As the candidate ideal points are estimated independently of voting records, they represent a useful new resource for testing models of legislative behavior. By incorporating nonideological covariates known to influence PAC contributions, the method also shows promise as a platform for furthering our understanding of PAC contribution behavior.

Suggested Citation

  • Adam Bonica, 2013. "Ideology and Interests in the Political Marketplace," American Journal of Political Science, John Wiley & Sons, vol. 57(2), pages 294-311, April.
    • Handle: RePEc:wly:amposc:v:57:y:2013:i:2:p:294-311
    DOI: 10.1111/ajps.12014
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    Cited by:

    1. Colantone, Italo & Ottaviano, Gianmarco & Stanig, Piero, 2021. "The backlash of globalization," LSE Research Online Documents on Economics 113860, London School of Economics and Political Science, LSE Library.
    2. Joseph Raffiee & Daniel Fehder & Florenta Teodoridis, 2022. "Revealing the revealed preferences of public firm CEOs and top executives: A new database from credit card spending," Strategic Management Journal, Wiley Blackwell, vol. 43(10), pages 2042-2065, October.
    3. Azzimonti, Marina, 2018. "Partisan conflict and private investment," Journal of Monetary Economics, Elsevier, vol. 93(C), pages 114-131.
    4. Keith Krehbiel & Zachary Peskowitz, 2015. "Legislative organization and ideal-point bias," Journal of Theoretical Politics, , vol. 27(4), pages 673-703, October.
    5. Dreher, Axel & Langlotz, Sarah & Matzat, Johannes & Parsons, Christopher, 2020. "Immigration, Political Ideologies and the Polarization of American Politics," CEPR Discussion Papers 15587, C.E.P.R. Discussion Papers.
    6. David Autor & David Dorn & Gordon Hanson & Kaveh Majlesi, 2020. "Importing Political Polarization? The Electoral Consequences of Rising Trade Exposure," American Economic Review, American Economic Association, vol. 110(10), pages 3139-3183, October.
    7. Anastasopoulos, Lefteris, 2016. "Estimating the gender penalty in House of Representative elections using a regression discontinuity design," MPRA Paper 71297, University Library of Munich, Germany.
    8. Keith E. Schnakenberg & Ian R. Turner, 2021. "Helping Friends or Influencing Foes: Electoral and Policy Effects of Campaign Finance Contributions," American Journal of Political Science, John Wiley & Sons, vol. 65(1), pages 88-100, January.
    9. Eoin F. McGuirk & Nathaniel Hilger & Nicholas Miller, 2023. "No Kin in the Game: Moral Hazard and War in the US Congress," Journal of Political Economy, University of Chicago Press, vol. 131(9), pages 2370-2401.
    10. Oladi, Reza & Gilbert, John, 2022. "Electoral rivalry and financial campaign contributions: The case of US Congressional elections," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 822-834.
    11. Oluwole Owoye & Matthew Dabros, 2017. "The Analysis of White House Occupant and Political Polarization in the United States," Review of Social Sciences, LAR Center Press, vol. 2(4), pages 1-18, April.
    12. Matias Iaryczower & Gabriel Katz, 2016. "What does IT Take for Congress to Enact Good Policies? an Analysis of Roll Call Voting in the US Congress," Economics and Politics, Wiley Blackwell, vol. 28(1), pages 79-104, March.
    13. U. David Park & Warren Boeker & David Gomulya, 2020. "Political ideology of the board and CEO dismissal following financial misconduct," Strategic Management Journal, Wiley Blackwell, vol. 41(1), pages 108-123, January.
    14. Abhinav Gupta & Adam J. Wowak & Warren Boeker, 2022. "Corporate directors as heterogeneous network pipes: How director political ideology affects the interorganizational diffusion of governance practices," Strategic Management Journal, Wiley Blackwell, vol. 43(8), pages 1469-1498, August.
    15. Raffiee, Joseph & Teodoridis, Florenta & Fehder, Daniel, 2023. "Partisan patent examiners? Exploring the link between the political ideology of patent examiners and patent office outcomes," Research Policy, Elsevier, vol. 52(9).
    16. Spruk, Rok & Kovac, Mitja, 2019. "Replicating and extending Martin-Quinn scores," International Review of Law and Economics, Elsevier, vol. 60(C).
    17. Goodman, Christopher B, 2019. "State Legislative Ideology & the Preemption of City Ordinances: The Case of Worker Rights Laws," SocArXiv 2mnws, Center for Open Science.
    18. Liao, Yanjun & Ruiz Junco, Pablo, 2022. "Extreme weather and the politics of climate change: A study of campaign finance and elections," Journal of Environmental Economics and Management, Elsevier, vol. 111(C).
    19. Pablo Henr'iquez & Jorge Sabat & Jos'e Patr`icio Sullivan, 2021. "Politicians' Willingness to Agree: Evidence from the interactions in Twitter of Chilean Deputies," Papers 2106.09163, arXiv.org, revised Sep 2021.
    20. Ferguson, Thomas & Jorgensen, Paul & Chen, Jie, 2022. "How money drives US congressional elections: Linear models of money and outcomes," Structural Change and Economic Dynamics, Elsevier, vol. 61(C), pages 527-545.
    21. Pietro Sancassani, 2023. "Topic Salience and Political Polarization: Evidence from the German “PISA shock”," ifo Working Paper Series 402, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.

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