Did Money Buy Republican Success ?
نویسنده
چکیده
This paper uses the Supreme Court’s ruling in Buckley v. Valeo (1976) to identify the causal impact of money in elections. Estimates consistently suggest that the Buckley-induced removal of state limits on campaign spending led to increased Republican voteshares, increased Republican candidate entry, and decreased Democratic candidate entry in state legislative and gubernatorial elections in states affected by the ruling, and to both increased Republican House voteshares and the election of more conservative freshman Republican House incumbents in states both affected by the ruling and holding concurrent federal and state elections. These findings may provide a causal underpinning for the observed correlations between increased campaign spending, increased Republican electoral success, and increased Republican conservatism since the mid-1970s. ∗Professor of Politics, Department of Politics, New York University, 19 West 4th Street, New York, NY 10012; Email: [email protected].
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