Factors Influencing Governors' Salaries, 1961-2001
This paper examines the determinants of governors' salaries for the forty-eight contiguous states. State budgetary variables, personal income, population, unemployment rate and state government employment are the primary determinants of governors' compensation. There appears to be a large amount of convergence among salaries over the forty year sample period; the states with lower pay in 1961 experienced faster growth in their governor's compensation. Thus, findings support the view that a governor's pay is based primarily on the responsibility measured by the economic size of the state and the size of a state's government.
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Volume (Year): 10 (2010)
Issue (Month): 1 (April)
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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.:
- R. Hafer, 1977. "State budget sizes and the marginal productivity of governors: An extension," Public Choice, Springer, vol. 32(1), pages 143-149, December.
- Di Tella, Rafael & Fisman, Raymond, 2004.
"Are Politicians Really Paid Like Bureaucrats?,"
Journal of Law and Economics,
University of Chicago Press, vol. 47(2), pages 477-513, October.
- W. Crain & Robert Tollison, 1976. "State budget sizes and the marginal productivity of governors," Public Choice, Springer, vol. 27(1), pages 91-96, September.
- Sen, Pradyot K, 1991. "Evidence of Work Related and Incentive Payments in Gubernatorial Pay," Public Choice, Springer, vol. 71(1-2), pages 89-100, August.
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