文章基本信息

标题：The impact of money on elections: evidence from open seat races in the United States House of Representatives, 1990-2004
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作者：Franklin Mixon, Jr. ; Steven Caudill ; Christopher Duquette 等
期刊名称：Economics Bulletin
电子版ISSN：1545-2921
出版年度：2008
卷号：4
出版社：Economics Bulletin
摘要：A binary win/loss model is constructed and estimated on the results from 1990-2004 contests for open U.S. House seats. The results indicate that election outcomes are highly sensitive to the major-party candidates' campaign spending ratios, and increases in spending ratios are shown to translate into non-trivial increases the candidate''s probability of winning, a result that holds for both Republicans and Democrats. The payoff to high levels of spending explains why it''s so attractive for candidates to outspend their opponents by large margins.
关键词：public choice