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来源类型Working Paper
规范类型报告
DOI10.3386/w23508
来源IDWorking Paper 23508
Money and Politics: The Effects of Campaign Spending Limits on Political Competition and Incumbency Advantage
Eric Avis; Claudio Ferraz; Frederico Finan; Carlos Varjão
发表日期2017-06-12
出版年2017
语种英语
摘要This paper examines the effects of campaign spending limits on political competition and incumbency advantage. We study a reform in Brazil that imposed limits on campaign spending for mayoral elections. These limits were implemented with a discontinuous kink which we exploit for causal identification. We find that stricter limits increase political competition by creating a larger pool of candidates that is on average less wealthy. Moreover, we find that stricter spending limits reduce the incumbency advantage, causing mayors to be less likely to be reelected. These findings are consistent with a contest model with spending caps and endogenous candidate entry.
主题Public Economics ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w23508
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581181
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GB/T 7714
Eric Avis,Claudio Ferraz,Frederico Finan,et al. Money and Politics: The Effects of Campaign Spending Limits on Political Competition and Incumbency Advantage. 2017.
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