Campaign Finance Laws and Political Efficacy: Evidence From the States

MOspace/Manakin Repository

Breadcrumbs Navigation

Campaign Finance Laws and Political Efficacy: Evidence From the States

Please use this identifier to cite or link to this item: http://hdl.handle.net/10355/2628

[+] show full item record


Title: Campaign Finance Laws and Political Efficacy: Evidence From the States
Author: Primo, David M.; Milyo, Jeffrey
Date: 2005-06
Publisher: Department of Economics
Citation: Department of Economics, 2005
Series/Report no.: Working papers (Department of Economics);WP 05-13
Abstract: The decline of political efficacy and trust in the United States is often linked to the rise of money in politics. Both the courts and reform advocates justify restrictions on campaign donations and spending as necessary for the improvement of links between the government and the governed. We conduct the first test of whether campaign finance laws actually influence how citizens view their government by exploiting the variation in campaign finance regulations both across and within states during the last half of the 20th century. Our analysis reveals no large positive effects of campaign finance laws on political efficacy. Public disclosure laws and limits on contributions from organizations are in some cases associated with modest increases in efficacy, but public financing is associated with a similarly modest decrease in efficacy.
URI: http://hdl.handle.net/10355/2628

This item appears in the following Collection(s)

  • Economics publications (MU) [120]
    The items in this collection are the scholarly output of the faculty, staff, and students of the Department of Economics.

[+] show full item record