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Abstract: Lee [2008] suggests that a potential source of the party incumbency
advantage (with re- spect to vote share) is a possible incumbency advantage in campaign
fundraising. Mo- tivated in part by his work, this investigation exploits a sharp
discontinuity in Congres- sional elections in order to identify the party campaign
fundraising advantage. Using data from the Federal Election ... read moreCommission (FEC), I test for a
causal impact of winning close elections on campaign contributions earned prior to the next
election. I find that, on average, bare winners of Congressional elections earn
approximately 56% more cam- paign contributions relative to their bare loser counterparts.
This suggests an immense party incumbency fundraising advantage and may, in part, explain
the earlier findings of Lee [2008]'s incumbency advantage.
Thesis (M.S.)--Tufts University, 2013.
Submitted to the Dept. of Economics.
Advisor: David Garman.
Committee: Rodrigo Wagner.
Keywords: Economics, and Political Science.read less
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