New York University & NBER, 6 Washington Square North, Room 20, New York, NY 10003, United States.
Soc Sci Res. 2012 Jan;41(1):120-9. doi: 10.1016/j.ssresearch.2011.09.005. Epub 2011 Sep 28.
Evidence on the relationship between political contributions and legislators' voting behavior is marred by concerns about endogeneity in the estimation process. Using a legislator's offspring sex mix as a truly exogenous variable, we employ an instrumental variable estimation procedure to predict the effect of voting behavior on political contributions. Following previous research, we find that a legislator's proportion daughters has a significant effect on voting behavior for women's issues, as measured by score in the "Congressional Record on Choice" issued by NARAL Pro-Choice America. In the second stage, we make a unique contribution by demonstrating a significant impact of exogenous voting behavior on PAC contributions, lending further credibility to the hypothesis that Political Action Committees respond to legislators' voting patterns by "rewarding" political candidates that vote in line with the positions of the PAC, rather than affecting those same votes - at least in this high-profile policy domain.
关于政治献金与立法者投票行为之间关系的证据,受到估计过程中内生性问题的困扰。我们使用立法者后代的性别构成作为真正的外生变量,采用工具变量估计程序来预测投票行为对政治献金的影响。根据之前的研究,我们发现立法者的女儿比例对妇女问题的投票行为有显著影响,这一影响是通过 NARAL Pro-Choice America 发布的《国会记录中的选择》中的得分来衡量的。在第二阶段,我们通过证明外生投票行为对 PAC 捐款有显著影响做出了独特的贡献,这进一步证实了政治行动委员会通过“奖励”与 PAC 立场一致的政治候选人的假设,而不是影响这些相同的选票——至少在这个备受瞩目的政策领域是这样。