Tuesday, May 21, 2024
Hawai'i Free Press

Current Articles | Archives

Sunday, May 5, 2013
Campaign Finance Regulations Fail to Curb Public Corruption
By NCPA @ 10:30 AM :: 2947 Views :: Ethics

Campaign Finance Regulations Fail to Curb Public Corruption

NCPA May 3, 2013

The influence of money in elections has led to campaign finance regulations that seek to prevent corruption or the appearance of corruption. Though the Supreme Court has upheld the use of these regulations, the effects of state reforms on reducing public corruption is largely untested. A new study by Adriana Cordis and Jeff Milyo of the Mercatus Center conducts the first systematic evaluation of the effects of campaign finance laws and finds little evidence that the regulations achieve their purpose.

  • Despite the widely held view that money plays a dominant role in American elections, there is little relationship between campaign spending and electoral success.
  • The new study examines campaign finance regulations at the state level and tracks corruption through prosecutorial filings and convictions of official corruption.

The study relies on data from the National Conference of State Legislatures, state government websites and the Federal Election Commission to categorize state campaign finance regulations into one of five categories. Finance regulation regimes either have: (1) no contribution limits, (2) limits on corporate contributions to candidates, (3) limits on corporate and individual contributions to candidates, (4) contribution limits and public funding of gubernatorial elections, or (5) contribution limits and public funding of gubernatorial and state elections.

  • The study controls for the influence of state population, education attainment, Hispanic ethnicity, real per capita income, poverty status race, union membership, state unemployment rate, state expenditures per capita, state government employment and term limits.
  • The results show that that moving from a regulation regime of 1 to a 5 (from above) would only result in about one more corruption conviction over a three-year period, a small increase.
  • The study also shows that public financing, gubernatorial and legislative public financing, and corporate and individual contribution limits have little effect on public corruption.

The study runs multiple regression models and varies the number of control variables or assumptions for each model, but overall cannot produce any significant results. It concludes that there is no strong link between campaign finance regulations and a reduction in public corruption.

Source: Adriana Cordis and Jeff Milyo, "Do State Campaign Finance Reforms Reduce Public Corruption?" Mercatus Center, April 2013.


TEXT "follow HawaiiFreePress" to 40404

Register to Vote


Aloha Pregnancy Care Center


Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii


Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute


Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together


Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii


Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii


National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii


OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii


Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii


Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns


West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii