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文章基本信息

  • 标题:Politicians' outside earnings and electoral competition
  • 作者:Johannes Becker Andreas Peichl Johannes Rincke
  • 期刊名称:Finanzwissenschaftliche Diskussionsbeiträge / Finanzwissenschaftliches Forschungsinstitut, Universität Köln
  • 印刷版ISSN:0945-490X
  • 出版年度:2008
  • 卷号:2008
  • 出版社:Universität Köln
  • 摘要:This paper deals with the impact of electoral competition on politicians.outside earnings. We propose a simple theoretical model with politicians facing a tradeo¤ between allocating their time to political e¤ort or to an alternative use generating outside earnings. The model has a testable implication stating that the amount of time spent on outside work is negatively related to the degree of electoral competition. We test this implication using a new dataset on outside earnings of members of the German federal assembly. Taking into account the potential endogeneity of measures of political competition that depend on past election outcomes, we .nd that politicians facing low competition have substantially higher outside earnings.
  • 关键词:Political competition, outside earnings, political rents
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