ELECTORAL CONTRIBUTIONS AND THE COST OF UNPOPULARITY.

When considering electoral campaigns, candidates receiving contributions from relatively unpopular industries should be regarded less favorably by voters that have information on the sources of funding. To offset this unpopularity effect, politicians may either demand more money for campaign adverti...

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Publicado en:Economic Inquiry Vol. 55; no. 4; pp. 1771 - 1792
Autores principales: Bassetti, Thomas, Pavesi, Filippo
Formato: Artículo
Publicado: Wiley-Blackwell Oct2017
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: ELECTORAL CONTRIBUTIONS AND THE COST OF UNPOPULARITY.
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        au:
          Bassetti, Thomas
          Pavesi, Filippo
        affil:
          Associate Professor, Department of Economics and Management “Marco Fanno,”, University of Padua, 35123, Padova Italy
          Assistant Professor, Department of Economics, University of Verona, 37129, Verona Italy
          Stevens Institute of Technology, School of Business, Hoboken NJ, 07030, USA
      su:
        Van Hollen, Chris, 1959-
        Edwards, Donna, 1958-
        Pressure groups
        Voters
        Political action committees
        Political debates
      sug:
        subj:
          Pressure groups
          Political Organizations
          Other Social Advocacy Organizations
          Environment, Conservation and Wildlife Organizations
          Human Rights Organizations
          Social advocacy organizations
          Voters
          Political action committees
          Political debates
          Van Hollen, Chris, 1959-
          Edwards, Donna, 1958-
      ab: When considering electoral campaigns, candidates receiving contributions from relatively unpopular industries should be regarded less favorably by voters that have information on the sources of funding. To offset this unpopularity effect, politicians may either demand more money for campaign advertising from these industries in order to persuade less informed voters, or shy away from unpopular contributors to avoid losing the support of the informed electorate. Our model predicts that the first effect dominates, and electoral contributions are increasing in industry unpopularity. By using U.S. House elections data and different identification strategies, we provide robust evidence in favor of our predictions. ( JEL D72, P16)
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