Public funding of political parties
AbstractThis paper studies the typical European system for public funding of parties, where parties receive public funds depending on their vote share. These funds finance electoral campaigns. It is shown that such a funding system increases policy convergence. The effect is larger, the more funding depends on vote shares. If the parties have access to other means of campaign finance given in a lump-sum way, the effect is moderated.
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Bibliographic InfoPaper provided by Universidad Carlos III de Madrid in its series Open Access publications from Universidad Carlos III de Madrid with number info:hdl:10016/5504.
Length: 793 p.
Date of creation: 2005
Date of revision:
Publication status: Published in Journal of Public Economic Theory (2005) v.v. 7, p.781-791
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Web page: http://www.uc3m.es
Public funding; Political competition; Information;
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- Ignacio Ortuno-Ortin & Christian Schultz, 2005.
"Public Funding of Political Parties,"
Journal of Public Economic Theory,
Association for Public Economic Theory, vol. 7(5), pages 781-791, December.
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