Arbeitspapier

Returns to office in national and local politics

We study the returns to political office using data from Finnish parliamentary elections in 1970-2007 and municipal elections in 1996-2008. The discontinuity of electoral outcomes in individual candidate votes allows us to estimate the causal effect of being electedon subsequent income. Getting elected to parliament increases annual earnings initially by about 20 000 euro, but most of this effect fades out over time. Getting elected to a municipal council has a positive effect of about 1000 euro on subsequent annual earnings.

Language
Englisch

Bibliographic citation
Series: Discussion paper ; No. 86

Classification
Wirtschaft
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Subject
returns to office
elections
regression discontinuity

Event
Geistige Schöpfung
(who)
Kotakorpi, Kaisa
Poutvaara, Panu
Tervio, Marko
Event
Veröffentlichung
(who)
Aboa Centre for Economics (ACE)
(where)
Turku
(when)
2013

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Kotakorpi, Kaisa
  • Poutvaara, Panu
  • Tervio, Marko
  • Aboa Centre for Economics (ACE)

Time of origin

  • 2013

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