Congresos y reuniones científicas
Do private campaign contributions affect electoral results? An examination of Argentina national elections
Jornada; 47 Jornadas Internacionales de Finanzas Públicas; 2014
Institución organizadora:
Facultad de Ciencias Económicas - Universidad Nacional de Córdoba
In this paper we examine the impact of campaign contributions on
electoral results in Argentine elections for the period 2007-2013.  Using previously unavailable micro-level data on private campaign
contributions we test several hypotheses concerning the relationship
between contributions, campaign spending and elections. Two
questions motivate this investigation. First, whether the amount and
composition of party electoral finance impacts on the vote share and
probability of reelection. Secondly, whether sectoral interest groups
seem to fit to the ideological or lobbystic type. We find that the vote
shares of parties is increasing in the ratio of private (non-corporate) to total campaign contributions. We do not find evidence that the
corporate donors have any influence on the vote share. We include
other controls such as the vote share in the previous election, the
number of party affiliates and degree of within-district electoral
competition. Our results are robust to various specifications and
estimation techniques.