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Public Choice

, Volume 89, Issue 3–4, pp 219–229 | Cite as

Finance industry PAC contributions to U.S. Senators, 1983–88

  • Christine Loucks
Article

Abstract

In this paper, I examine the relationship between campaign contributions from PACs representing the finance industry and membership on sixteen standing committees in the Senate. I hypothesize that finance industry PACs will contribute more to the Banking committee, the Senate committee with the greatest responsibility for developing public policy that affects the finance industry. My results indicate that committee assignment does influence the distribution of finance industry PAC money; the finance industry does give significantly more to members of the Senate Banking committee. This is the first study to find this relationship between PAC contributions and committee membership in the Senate.

Keywords

Public Policy Public Finance Great Responsibility Finance Industry Campaign Contribution 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. Barone, M. and Ujifusa, G. The almanac of American politics (various editions). National Journal.Google Scholar
  2. Bennett, R.W. and Loucks, C. (1994) Savings and loan and finance industry PAC contributions to incumbent members of the House Banking Committee. Public Choice 79: 83–104.Google Scholar
  3. Edelman, S.A. (1990) Gotcha! Campaign contributions, political action, and House incumbents. Unpublished paper.Google Scholar
  4. Grier, K.B. and Munger, M.C. (1993) Comparing interest group PAC contributions to House and Senate incumbents, 1980–1986. The Journal of Politics 55(3): 615–643.Google Scholar
  5. Grier, K.B., Munger, M.C. and Torrent, G.M. (1990) Allocation of PAC monies: The U.S. Senate. Public Choice 67: 111–128.Google Scholar

Copyright information

© Kluwer Academic Publishers 1996

Authors and Affiliations

  • Christine Loucks
    • 1
  1. 1.Department of Economics, College of BusinessBoise State UniversityBoiseU.S.A.

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