IDEAS home Printed from https://ideas.repec.org/a/cai/recosp/reco_565_1125.html
   My bibliography  Save this article

Le rendement des dépenses électorales en France. Le cas des élections législatives de 1997

Author

Listed:
  • Martial Foucault
  • Abel François

Abstract

This article aims at evaluating the influence of campaign spending on legislative vote share within a new French campaign finance law. From an empirical analysis derived from the 1997 French legislative election, we show that the electoral outcomes are sensitive to campaign spending. Using ols and 2SLS methods and taking into account the bias of endogeneity, we demonstrate that the spending of incumbent candidates have a direct and positive effect whereas the spending of their challengers have an indirect and negative effect. In the context of the implementation of a new campaign finance regulation (characterized by both spending ceiling and public repayment), this result means that financial barriers to entry into political market are not entirely reduced. In conclusion, the return of French campaign spending is not quite different from those empirically verified within the American electoral process. Classification JEL?: D72

Suggested Citation

  • Martial Foucault & Abel François, 2005. "Le rendement des dépenses électorales en France. Le cas des élections législatives de 1997," Revue économique, Presses de Sciences-Po, vol. 56(5), pages 1125-1143.
    • Handle: RePEc:cai:recosp:reco_565_1125
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=RECO_565_1125
    Download Restriction: free
    File URL: http://www.cairn.info/revue-economique-2005-5-page-1125.htm
    Download Restriction: free
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Morris Coats, R. & Dalton, Thomas R., 1992. "Entry barriers in politics and uncontested elections," Journal of Public Economics, Elsevier, vol. 49(1), pages 75-90, October.
    2. Fleck, Robert K & Kilby, Christopher, 2002. "Reassessing the Role of Constituency in Congressional Voting," Public Choice, Springer, vol. 112(1-2), pages 31-53, July.
    3. Banaian, King & Luksetich, William A, 1991. "Campaign Spending in Congressional Elections," Economic Inquiry, Western Economic Association International, vol. 29(1), pages 92-100, January.
    4. W. Crain & Robert Tollison & Donald Leavens, 1988. "Laissez-faire in campaign finance," Public Choice, Springer, vol. 56(3), pages 201-212, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yasmine Bekkouche & Julia Cage, 2018. "The Price of a Vote: Evidence from France, 1993-2014," Working Papers Series 68, Institute for New Economic Thinking.
    2. Yasmine Bekkouche & Julia Cage, 2019. "The Heterogeneous Price of a Vote: Evidence from France, 1993-2014," Sciences Po Economics Discussion Papers 2019-09, Sciences Po Departement of Economics.
    3. Christine Fauvelle-Aymar & Abel François, 2003. "Campagne électorale, préférences politiques et participation. Une étude empirique sur les élections législatives françaises de 1997," Cahiers de la Maison des Sciences Economiques j04009, Université Panthéon-Sorbonne (Paris 1).
    4. Farvaque, Etienne & Foucault, Martial & Vigeant, Stéphane, 2020. "The politician and the vote factory: Candidates’ resource management skills and electoral returns," Journal of Policy Modeling, Elsevier, vol. 42(1), pages 38-55.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Martial Foucault & Abel François, 2005. "Le rendement des dépenses électorales en France," Post-Print hal-00126910, HAL.
    2. Epstein, Gil S. & Heizler, Odelia, 2018. "Minority Groups and Success in Election Primaries," GLO Discussion Paper Series 187, Global Labor Organization (GLO).
    3. Daniel Lee, 2014. "Third-party threat and the dimensionality of major-party roll call voting," Public Choice, Springer, vol. 159(3), pages 515-531, June.
    4. F. Andrew Hanssen, 2004. "Is There a Politically Optimal Level of Judicial Independence?," American Economic Review, American Economic Association, vol. 94(3), pages 712-729, June.
    5. Gary M. Pecquet & Gokhan R. Karahan & R. Andrew Luccasen & Christopher J. Boudreaux & Shane Sanders, 2016. "In memoriam: R. Morris Coats, a second wave public choice scholar in camouflage," Public Choice, Springer, vol. 166(3), pages 379-387, March.
    6. Axel Dreher & Jan-Egbert Sturm, 2012. "Do the IMF and the World Bank influence voting in the UN General Assembly?," Public Choice, Springer, vol. 151(1), pages 363-397, April.
    7. Casey B. Mulligan & Kevin K. Tsui, 2006. "Political Competitiveness," NBER Working Papers 12653, National Bureau of Economic Research, Inc.
    8. Congleton, Roger D, 2001. "Rational Ignorance, Rational Voter Expectations, and Public Policy: A Discrete Informational Foundation for Fiscal Illusion," Public Choice, Springer, vol. 107(1-2), pages 35-64, April.
    9. Axel Dreher & Peter Nunnenkamp & Rainer Thiele, 2008. "Does US aid buy UN general assembly votes? A disaggregated analysis," Public Choice, Springer, vol. 136(1), pages 139-164, July.
    10. Manfred Dix & Rudy Santore, 2003. "Campaign Contributions with Swing Voters," Economics and Politics, Wiley Blackwell, vol. 15(3), pages 285-301, November.
    11. Theocharis N. Grigoriadis & Benno Torgler, 2006. "Energy Regulation, Roll Call Votes and Regional Resources: Evidence from Russia," CREMA Working Paper Series 2006-25, Center for Research in Economics, Management and the Arts (CREMA).
    12. Bronars, Stephen G & Lott, John R, Jr, 1997. "Do Campaign Donations Alter How a Politician Votes? Or, Do Donors Support Candidates Who Value the Same Things That They Do?," Journal of Law and Economics, University of Chicago Press, vol. 40(2), pages 317-350, October.
    13. Bernhard Boockmann & Axel Dreher, 2011. "Do human rights offenders oppose human rights resolutions in the United Nations?," Public Choice, Springer, vol. 146(3), pages 443-467, March.
    14. John Patty, 2010. "Dilatory or anticipatory? Voting on the Journal in the House of Representatives," Public Choice, Springer, vol. 143(1), pages 121-133, April.
    15. Theocharis N. Grigoriadis & Benno Torgler, 2007. "Market Reform, Regional Energy and Popular Representation: Evidence from Post-Soviet Russia," School of Economics and Finance Discussion Papers and Working Papers Series 221, School of Economics and Finance, Queensland University of Technology.
    16. Filip Palda, 2002. "Campaign Finance: An Introduction to the Field," Public Economics 0209005, University Library of Munich, Germany.
    17. Grigoriadis, Theocharis N. & Torgler, Benno, 2009. "Energy polarization and popular representation: Evidence from the Russian Duma," Energy Economics, Elsevier, vol. 31(2), pages 322-334, March.
    18. J. Broz, 2011. "The United States Congress and IMF financing, 1944–2009," The Review of International Organizations, Springer, vol. 6(3), pages 341-368, September.
    19. Gil Epstein & Raphaël Franck, 2007. "Campaign resources and electoral success: Evidence from the 2002 French parliamentary elections," Public Choice, Springer, vol. 131(3), pages 469-489, June.

    More about this item

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:recosp:reco_565_1125. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire). General contact details of provider: https://www.cairn.info/revue-economique.htm .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.