Campaign finance and national elections: An empirical investigation for Argentina, 2005-2013
In this paper we examine the impact of campaign contributions on electoral results in Argentine national elections for the period 2005-2013. Using previously unavailable micro-level data on private campaign contributions we test several hypothesis concerning the relationship between contributions an...
| Main Authors: | , |
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| Format: | Online |
| Language: | eng |
| Published: |
Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba.
2017
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| Online Access: | https://revistas.unc.edu.ar/index.php/REyE/article/view/28364 |
| _version_ | 1801574668560236544 |
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| author | Freille, Sebastián Soffietti, Pablo |
| author_facet | Freille, Sebastián Soffietti, Pablo |
| author_sort | Freille, Sebastián |
| collection | Portal de Revistas |
| description | In this paper we examine the impact of campaign contributions on electoral results in Argentine national elections for the period 2005-2013. Using previously unavailable micro-level data on private campaign contributions we test several hypothesis concerning the relationship between contributions and electoral results. Our findings suggest that while parties receive both public and private funds, only private contributions are significantly associated with electoral performance –i.e. the higher the ratio of private to public contributions the higher the vote share. Interestingly, while challengers see an increase in vote shares as a result of an increase in private contributions, this is not the case for incumbents. One possible explanation for this is that incumbents have other sources of funding available to them –official advertising, informal campaign spending- which may be substitutes to formal private funding. This may have important implications in terms of policy design as limiting (or even prohibiting) private contributions may actually be more detrimental to challengers than to incumbents, with the likely effect of increasing incumbency advantage even further. |
| format | Online |
| id | oai:ojs.revistas.unc.edu.ar:article-28364 |
| institution | Universidad Nacional de Cordoba |
| language | eng |
| publishDate | 2017 |
| publisher | Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. |
| record_format | ojs |
| spelling | oai:ojs.revistas.unc.edu.ar:article-283642022-04-06T17:40:27Z Campaign finance and national elections: An empirical investigation for Argentina, 2005-2013 Financiación de la campaña y elecciones nacionales: Una investigación empírica para la Argentina, 2005-2013 Freille, Sebastián Soffietti, Pablo campaign contributions elections incumbency adantage D70 D72 D73 D78 contribuciones a las campañas elecciones ventaja de la titularidad D70 D72 D73 D78 In this paper we examine the impact of campaign contributions on electoral results in Argentine national elections for the period 2005-2013. Using previously unavailable micro-level data on private campaign contributions we test several hypothesis concerning the relationship between contributions and electoral results. Our findings suggest that while parties receive both public and private funds, only private contributions are significantly associated with electoral performance –i.e. the higher the ratio of private to public contributions the higher the vote share. Interestingly, while challengers see an increase in vote shares as a result of an increase in private contributions, this is not the case for incumbents. One possible explanation for this is that incumbents have other sources of funding available to them –official advertising, informal campaign spending- which may be substitutes to formal private funding. This may have important implications in terms of policy design as limiting (or even prohibiting) private contributions may actually be more detrimental to challengers than to incumbents, with the likely effect of increasing incumbency advantage even further. En el presente documento se examina el impacto de las contribuciones de la campaña en los resultados electorales de las elecciones nacionales argentinas para el período 2005-2013. Utilizando datos de nivel micro no disponibles anteriormente sobre las contribuciones privadas a las campañas, probamos varias hipótesis sobre la relación entre las contribuciones y los resultados electorales. Nuestros hallazgos sugieren que, si bien los partidos reciben tanto fondos públicos como privados, sólo las contribuciones privadas se asocian de manera significativa con el desempeño electoral, es decir, cuanto mayor es la proporción de contribuciones privadas y públicas, mayor es la proporción de votos. Curiosamente, mientras que los contendientes ven un aumento en la proporción de votos como resultado de un aumento de las contribuciones privadas, este no es el caso de los titulares. Una posible explicación de ello es que los titulares tienen a su disposición otras fuentes de financiación -publicidad oficial, gastos de campaña informales- que pueden sustituir a la financiación privada oficial. Esto puede tener importantes consecuencias en lo que respecta al diseño de políticas, ya que limitar (o incluso prohibir) las contribuciones privadas puede ser en realidad más perjudicial para los aspirantes que para los titulares, con el probable efecto de aumentar aún más la ventaja de los titulares. Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. 2017-12-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://revistas.unc.edu.ar/index.php/REyE/article/view/28364 Revista de Economía y Estadística; Vol. 55 No. 1 (2017); 111-139 Revista de Economía y Estadística; Vol. 55 Núm. 1 (2017); 111-139 2451-7321 0034-8066 10.55444/2451.7321.2017.v55.n1 eng https://revistas.unc.edu.ar/index.php/REyE/article/view/28364/29608 Derechos de autor 2017 Sebastián Freille, Pablo Soffietti http://creativecommons.org/licenses/by-nc-nd/4.0 |
| spellingShingle | campaign contributions elections incumbency adantage D70 D72 D73 D78 contribuciones a las campañas elecciones ventaja de la titularidad D70 D72 D73 D78 Freille, Sebastián Soffietti, Pablo Campaign finance and national elections: An empirical investigation for Argentina, 2005-2013 |
| title | Campaign finance and national elections: An empirical investigation for Argentina, 2005-2013 |
| title_alt | Financiación de la campaña y elecciones nacionales: Una investigación empírica para la Argentina, 2005-2013 |
| title_full | Campaign finance and national elections: An empirical investigation for Argentina, 2005-2013 |
| title_fullStr | Campaign finance and national elections: An empirical investigation for Argentina, 2005-2013 |
| title_full_unstemmed | Campaign finance and national elections: An empirical investigation for Argentina, 2005-2013 |
| title_short | Campaign finance and national elections: An empirical investigation for Argentina, 2005-2013 |
| title_sort | campaign finance and national elections an empirical investigation for argentina 2005 2013 |
| topic | campaign contributions elections incumbency adantage D70 D72 D73 D78 contribuciones a las campañas elecciones ventaja de la titularidad D70 D72 D73 D78 |
| topic_facet | campaign contributions elections incumbency adantage D70 D72 D73 D78 contribuciones a las campañas elecciones ventaja de la titularidad D70 D72 D73 D78 |
| url | https://revistas.unc.edu.ar/index.php/REyE/article/view/28364 |
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