Incentives and political contributions
Purchase on Springer.com
$39.95 / €34.95 / £29.95*
Rent the article at a discountRent now
* Final gross prices may vary according to local VAT.
Two implications from this research are noted. First, from a researcher's viewpoint, our research suggests the importance of age, wealth, tax rates, and marital status as determinants of political contributions by top U.S. wealth-holders. Therefore, these factors should be included in aggregated models that attempt to analyze the relations between such variables as voting, campaign expenditures and the outcomes of elections. Second, from politicians' viewpoints, this research suggests that individual economic variables such as marginal tax rates and wealth are major determinants of individual decisions to contribute to politicians. Assuming that such contributions reflect “votes,” this research suggests the relative importance of focusing campaign promises on economic variables — a strategy that “low tax” politicians like Ronald Reagan and George Bush may keenly be aware of.
- Becker, G.S. (1983). A theory of competition among pressure groups for political influence. Quarterly Journal of Economics 98: 371–400.
- Bental, B. and Ben-Zion, U. (1981). A simple model of political contributions. Public Finance Quarterly 9: 143–157.
- Chappell, H.W. (1982). Campaign contributions and congressional voting: A simultaneous probit-tobit model. Review of Economics and Statistics 64: 77–83.
- Jacobson, G.C. (1976). Public funds for congressional candidates: Who would benefit? Public Policy 24: 1–32.
- Jacobson, G.C. (1984). Money in the 1980 and 1982 congressional elections. In M. Malbin (Ed.), Money and politics in the United States. Chattam, NJ: Chattam House.
- Jacobson, G.C. (1985). Money and votes reconsidered: Congressional elections, 1972–1982. Public Choice 47: 7–62.
- Kau, J.B. and Rubin, P.H. (1979). Self-interest, ideology, and logrolling in congressional voting. Journal of Law and Economics 22: 365–384.
- Kau, J.B., Canon, D. and Rubin, P.H. (1982). A general equilibrium model of congressional voting. Quarterly Journal of Economics 97: 271–293.
- Malbin, M.J. (Ed.) (1984). Money and politics in the United States. Chattam, NJ: Chattam House.
- Riker, M.J. and Ordeshook, P.C. (1968). A theory of the calculus of voting. The American Political Science Review 62: 25–42.
- Stigler, G.J. (1971). The theory of economic regulation. The Bell Journal of Economics and Management Science 2: 3–21.
- Tollison, R.D., Crain, W.M. and Paulter, P. (1975). Information and voting: An empirical note. Public Choice 24: 43–49.
- Welch, W.P. (1980). The allocation of political monies: Economic interest groups. Public Choice 35: 97–120.
- Welch, W.P. (1981). Money and votes: A simultaneous equation model. Public Choice 36: 209–234.
- Incentives and political contributions
Volume 69, Issue 3 , pp 351-355
- Cover Date
- Print ISSN
- Online ISSN
- Kluwer Academic Publishers
- Additional Links
- Industry Sectors