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Rules, Subjurisdictional Choice, and Congresssional Outcomes: An Event Study of Energy Taxation Legislation in the 93rd Congress

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dc.contributor.author Gilligan, Thomas W.
dc.contributor.author Krehbiel, Keith
dc.date.accessioned 2010-06-09T19:22:38Z
dc.date.available 2010-06-09T19:22:38Z
dc.date.issued 1986 en_US
dc.identifier.uri https://hdl.handle.net/10535/5828
dc.description.abstract "Formal models in political science are increasingly attentive to institutional features that ostensibly play a crucial part in shaping political outcomes. Propositions yielded by these models have proven difficult to test, however. This study has two aims. Its substantive objective is to extend the spatial model of legislatures to illuminate the mechanisms of influence by committees on congressional outcomes. A broader methodological purpose is to introduce to political science a ne w and promising technique for testing formal models. Event studies are based on the belief that many political outcomes affect the economic welfare of nongovernmental actors and that, accordingly, actors with a vested interest in public policies respond rationally to changing political expectations. The technique is illustrated by testing formally derived propositions about the effects of rules and of subjurisdictional choice (the Ways and Means Committee's decision about the dimensions of its Jurisdiction in which to propose legislation) on Congress's 1974 decision regarding taxation of oil and gas firms. The strong empirical results not only support the theory but also offer promising implications for continued development and testing of formal models of politics and political economy." en_US
dc.language English en_US
dc.relation.ispartofseries Social Science Working Paper, no. 594 en_US
dc.subject taxation en_US
dc.subject rules en_US
dc.subject legislature en_US
dc.title Rules, Subjurisdictional Choice, and Congresssional Outcomes: An Event Study of Energy Taxation Legislation in the 93rd Congress en_US
dc.type Working Paper en_US
dc.type.methodology Case Study en_US
dc.publisher.workingpaperseries California Institute of Technology, Division of the Humanities and Social Sciences, Pasadena, CA en_US
dc.subject.sector Social Organization en_US


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