Public Choice

, 94:157 | Cite as

The impact of campaign expenditures on political competition in the French legislative elections of 1993

  • Filip Palda
  • Kristian Palda


We use regression analysis to estimate the effect that campaign money had on the votes of challengers and incumbents in the 1993 elections to the French legislative assembly. Incumbent candidates can at best expect to win 1.01% of the popular vote for each extra franc they spend per registered voter in their district. Challengers can expect to win at least twice as much as this. Simulations show that if campaign spending ceilings were halved, incumbents would have gained an extra ten percent of the popular vote over their closest challenging rivals. The regression analysis also suggests that voters react negatively to candidates who rely heavily on their own money for their outlays and reward candidates who rely on contributions from private individuals. These results suggest that campaign spending ceilings may inhibit political competition, and that voters may resist a candidate who relies on narrow sources of funding.


Public Choice Marginal Product Political Competition Popular Vote Campaign Spending 
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.


  1. Abramovitz, A.I. and Segal, J.A. (1992). Senate elections. Ann Arbor: The University of Michigan Press.Google Scholar
  2. Drysch, T. (1993). The new French system of political finance. In: A.B. Gunlicks (Ed.), Campaign and party finance in North America and Western Europe, pp. 155–177. Boulder, Colorado: Westview Press.Google Scholar
  3. Fair, R.C. (1996). Econometrics and presidential elections. Journal of Economic Perspectives 10: 89–102.Google Scholar
  4. Green, D.P. and Krasno, J.S. (1988). Salvation for the spendthrift incumbent: Reestimating the effects of campaign spending in House elections. American Journal of Political Science 32: 884–907.Google Scholar
  5. Green, D.P. and Krasno, J.S. (1990). Rebuttal to Jacobson's ‘New evidence for old arguments’. American Journal of Political Science 90: 363–372.Google Scholar
  6. Jacobson, G.C. (1990). The effect of campaign spending in House elections: New evidence for old arguments. American Journal of Political Science 90: 334–362.Google Scholar
  7. Jacobson, G.C. (1985). Money and votes reconsidered: Congressional elections 1972–1982. Public Choice 47: 7–62.CrossRefGoogle Scholar
  8. Jacobson, G.C. (1978). The effects of electoral campaign spending in congressional elections. American Political Science Review 72: 469–491.CrossRefGoogle Scholar
  9. Levitt, S.D. (1994). Using repeated challengers to estimate the effect of campaign spending on election outcomes in the U.S. House. Journal of Political Economy 102: 777–798.CrossRefGoogle Scholar
  10. Palda, F. (1996). Resolving the campaign spending limit debate. ENAP working paper, 1996.Google Scholar
  11. Palda, F. (1994). How much is your vote worth? San Francisco: Institute for Contemporary Studies Press.Google Scholar
  12. Palda, F. (1993). Desirability and effects of campaign spending limits. Crime, Law and Social Change 4: 57–78.Google Scholar
  13. Palda, F. and Palda, K. (1991). Campaign spending and campaign finance issues. Journal des économistes et des études humaines, June–September: 291–314.Google Scholar
  14. Palda, F. and Palda, K. (1985). Ceilings on campaign spending: Hypothesis and partial test with Canadian data. Public Choice 45: 313–331.CrossRefGoogle Scholar
  15. Palda, K. (1975). The effect of expenditure on political success. Journal of Law and Economics December 1975: 745–771.Google Scholar
  16. Palda, K. (1973). Does advertising influence votes? An analysis of the 1966 and 1970 Quebec elections. Canadian Journal of Political Science 6: 638–655.CrossRefGoogle Scholar

Copyright information

© Kluwer Academic Publishers 1998

Authors and Affiliations

  • Filip Palda
    • 1
  • Kristian Palda
    • 2
  1. 1.Ecole nationale d'administration publiqueMontréal, QuébecCanada
  2. 2.School of BusinessQueen's UniversityKingstonCanada

Personalised recommendations