haku: @author Lichtenberg, F. R. / yhteensä: 5
viite: 2 / 5
| Tekijä: | Lichtenberg, F. R. |
| Otsikko: | Contributions to federal election campaigns by government contractors. |
| Lehti: | Journal of Industrial Economics
1989 : SEP, VOL. 38:1, p. 31-48 |
| Asiasana: | SPONSORSHIP POLITICS COSTS EMPIRICAL RESEARCH |
| Kieli: | eng |
| Tiivistelmä: | A theoretical model is developed which determines whether or not a firm sponsors a Political Action Committee (PAC) and, if it does, the quantity of funds that the PAC will disburse. The firm is assumed to face supply and demand schedules for PAC receipts, whose positions depend on attributes of the firm such as firm size, market structure, and government-sales intensity. Two related equations derived from the theoretical model - a probit equation for PAC sponsorship and a disbursements equation - are estimated using pooled data on 226 government (primarily defense) contracting firms during the 1979-80 and 1891-82 election cycles. Three major conclusions are drawn from the empirical analysis. |
SCIMA