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Assessing the “Experience Bonus” Through Examining Strategic Entry, Candidate Quality, and Campaign Receipts in U.S. House Elections

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  • Cherie D. Maestas
  • Cynthia R. Rugeley

Abstract

This article examines nonincumbent fundraising through the lens of two theories that have not been applied in other studies of fundraising—strategic candidate entry and ambitious amateur candidates—to test whether candidates with prior office experience are advantaged in raising funds for U.S. House campaigns. A selection model that takes into account the strategic entry of strong candidates demonstrates that electoral experience matters for only a select subset of experienced candidates. In contrast to previous research, the results show that much of the fundraising difference between amateurs and experienced candidates can be attributed to a selection process where the strongest candidates seek the best races. The results have implications for how we understand the relative importance of various conditions that shape fundraising. Competitive local or national conditions that encourage strong candidacies also allow nonincumbents to accumulate sufficient funds to mount credible campaigns.

Suggested Citation

  • Cherie D. Maestas & Cynthia R. Rugeley, 2008. "Assessing the “Experience Bonus” Through Examining Strategic Entry, Candidate Quality, and Campaign Receipts in U.S. House Elections," American Journal of Political Science, John Wiley & Sons, vol. 52(3), pages 520-535, July.
    • Handle: RePEc:wly:amposc:v:52:y:2008:i:3:p:520-535
    DOI: 10.1111/j.1540-5907.2008.00327.x
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    References listed on IDEAS

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    1. Alan Gerber, 2004. "Does campaign spending work?," Natural Field Experiments 00246, The Field Experiments Website.
    2. Maestas, Cherie D. & Fulton, Sarah & Maisel, L. Sandy & Stone, Walter J., 2006. "When to Risk It? Institutions, Ambitions, and the Decision to Run for the U.S. House," American Political Science Review, Cambridge University Press, vol. 100(2), pages 195-208, May.
    3. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 31(3), pages 129-137.
    4. Walter J. Stone & L. Sandy Maisel & Cherie D. Maestas, 2004. "Quality Counts: Extending the Strategic Politician Model of Incumbent Deterrence," American Journal of Political Science, John Wiley & Sons, vol. 48(3), pages 479-495, July.
    5. Jacobson, Gary C., 1989. "Strategic Politicians and the Dynamics of U.S. House Elections, 1946–86," American Political Science Review, Cambridge University Press, vol. 83(3), pages 773-793, September.
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    Cited by:

    1. Ongena, Steven & Danisewicz, Piotr, 2020. "Fiscal transfers, local government, and entrepreneurship," CEPR Discussion Papers 15384, C.E.P.R. Discussion Papers.

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