Franklin Mixon, Jr.; Caudill, Steven; Duquette, Christopher - In: Economics Bulletin 4 (2008) 2, pp. 1-12
A binary win/loss model is constructed and estimated on the results from 1990-2004 contests for open U.S. House seats. The results indicate that election outcomes are highly sensitive to the major-party candidates' campaign spending ratios, and increases in spending ratios are shown to translate...