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The Economics of Election Campaign Spending Limits

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Author Info
Filip Palda (Ecole nationale d'administration publique at Montreal)

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Abstract

Spending limits are an important rule in the electoral game. Critics of limits claim that incumbents write these rules to keep down promising challengers. Their arguments are seductive but do not stand on a firm empirical base. The data seem quite eager to support or reject the critics' view, given the proper massaging. This paper suggests that if incumbents profit from spending limits, they will take their profit in a way that leaves no trace in the data. Profit does not come in the form of higher votes for the incumbent, but as richer government spoils for their close supporters. This explanation goes against the traditional view of how limits help incumbents. The explanation also helps to explain why there may never be a winner in the empirical debate on whether incumbents or challengers profit from limits.

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File URL: http://129.3.20.41/eps/pe/papers/0111/0111011.pdf
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Publisher Info
Paper provided by EconWPA in its series Public Economics with number 0111011.

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Length: 30 pages
Date of creation: 14 Nov 2001
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Handle: RePEc:wpa:wuwppe:0111011

Note: Type of Document - PDF; prepared on IBM PC ; to print on HP/PostScript; pages: 30; figures: included. PDF file may be viewed or printed
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Web page: http://129.3.20.41

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Related research
Keywords: Campaign spending spending limits; election finance regulation; economics of information;

Other versions of this item:

Find related papers by JEL classification:
D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior
K39 - Law and Economics - - Other Substantive Areas of Law - - - Other

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Palda, Filip, 1993. " Can Repressive Regimes Be Moderated through Foreign Aid?," Public Choice, Springer, vol. 77(3), pages 535-50, November.
  2. Chamberlain, Gary & Rothschild, Michael, 1981. "A note on the probability of casting a decisive vote," Journal of Economic Theory, Elsevier, vol. 25(1), pages 152-162, August. [Downloadable!] (restricted)
  3. Bender, Bruce, 1988. "An Analysis of Congressional Voting on Legislation Limiting Congressional Campaign Expenditures," Journal of Political Economy, University of Chicago Press, vol. 96(5), pages 1005-21, October. [Downloadable!] (restricted)
  4. Dan Usher & Merwan Engineer, 1986. "The Distribution of Income in a Despotic Society," Working Papers 653, Queen's University, Department of Economics.
  5. Mueller, Dennis C & Stratmann, Thomas, 1994. " Informative and Persuasive Campaigning," Public Choice, Springer, vol. 81(1-2), pages 55-77, October.
  6. Wittman, Donald, 1989. "Why Democracies Produce Efficient Results," Journal of Political Economy, University of Chicago Press, vol. 97(6), pages 1395-1424, December. [Downloadable!] (restricted)
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Filip Palda, 2001. "Election Finance Regulation in Emerging Democracies: Lessons from Canada and the U.S," Public Economics 0111010, EconWPA. [Downloadable!]
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This page was last updated on 2009-11-14.


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