Financing Direct Democracy: Revisiting the Research on Campaign Spending and Citizen Initiatives

@article{Figueiredo2010FinancingDD,
  title={Financing Direct Democracy: Revisiting the Research on Campaign Spending and Citizen Initiatives},
  author={J. de Figueiredo and Chang-Ho Ji and Thad Kousser},
  journal={Law \& Positive Political Theory eJournal},
  year={2010}
}
The conventional view in the direct democracy literature is that spending against a measure is more effective than spending in favor of a measure, but the empirical results underlying this conclusion have been questioned by recent research. We argue that the conventional finding is driven by the endogenous nature of campaign spending: initiative proponents spend more when their ballot measure is likely to fail. We address this endogeneity by using an instrumental variables approach to analyze a… Expand
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