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https://doi.org/10.2139/ssrn.4...
Article . 2023 . Peer-reviewed
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Votes for Sale

Authors: TICKU, Rohit;
Abstract

This paper examines the financial gains derived from holding public office for independent legislators in India. Given that party-affiliated legislators are legally prohibited from engaging in cross-voting or defection, I hypothesize that independent legislators can secure rents when their support becomes pivotal for government formation. Utilizing candidate asset disclosures from Indian state elections spanning 2003 to 2012, I demonstrate that independent legislators amass wealth at a faster pace than their party-affiliated counterparts in states where the largest party or coalition falls short of a majority. The point estimates suggest that, for each additional seat that the largest party or coalition falls short of a majority, an independent legislator experiences an approximate 2% annual increase in their assets relative to a party affiliated legislator. The disproportionate gains are particularly prominent in movable assets, implying a potential quid-pro-quo involving cash payments.

Country
Italy
Related Organizations
Keywords

Independent politicians, Political rents, Asset growth, Government formation

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green