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Kickbacks and limits on campaign donations

dc.contributor.authorGulzar, Saad
dc.contributor.authorRueda, Miguel R.
dc.contributor.authorRuiz, Nelson A.
dc.coverage.spatialAmérica Latina y el Caribees_ES
dc.coverage.spatialColombiaes_ES
dc.date.accessioned2019-05-10T19:48:18Z
dc.date.available2019-05-10T19:48:18Z
dc.date.issued2019-03-21
dc.identifier.citationGulzar, S., Rueda, M. R., & Ruiz, N. A. (2019, March 21). Kickbacks and limits on campaign donations. Caracas: CAF. Retrieved from https://scioteca.caf.com/handle/123456789/1429en_GB
dc.identifier.urihttps://scioteca.caf.com/handle/123456789/1429
dc.description.tableofcontentsHow do campaign contribution limits alter the influence of donors over elected officials? We propose a model to explore this question and test its implications using data from Colombian municipalities. Using a regression discontinuity design that exploits institutional rules determining contribution limits based on population thresholds, we find that looser campaign limits reduce the number of donors per candidate and increase the average donations received by the winner of the election. Moreover, we document that donors who contributed to the winner of the election are more likely to receive contracts from the supported candidate upon taking office. These patterns suggest that looser campaign limits increase the influence of fewer individuals in campaigns. A higher influence of donors over elected officials is reflected by the fact that looser limits are associated with more kickbacks for each donor, which are awarded in a more discretionary way.es_ES
dc.language.isoenes_ES
dc.publisherCAFes_ES
dc.subjectDemocraciaes_ES
dc.subjectInvestigación socioeconómicaes_ES
dc.titleKickbacks and limits on campaign donationses_ES
dc.typeworkingPaperes_ES
dc.publisher.cityCaracases_ES


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