Academic Research
- About
- Campaign Finance
- Personal Finances
- Lobbying
- Revolving Door
About Academic Research
The data sets provided by OpenSecrets are a goldmine for academics as well as journalists and interested citizens. Employing OpenSecrets data, scholars have investigated every aspect of money in politics -- from campaign contributions to lawmakers' investments to shadow lobbying. Click on the above tabs to read their research and find out what they've discovered.
If you've used OpenSecrets data in your research and would like to see it cited on this page, contact us at [email protected].
Campaign Finance
With the billions spent on federal elections growing by the cycle, campaign finance is a more prominent — and controversial — topic of discussion than ever before. Each election cycle, journalists and voters have to evaluate all kinds of competing claims about the role of money in elections. How and from whom do politicians get their contributions? How effectively does all that money translate into votes? And to what extent do big campaign contributors get special access or favors in return for their donations?
OpenSecrets' massive database of campaign contributions and expenditures allows scholars to go beyond anecdotal evidence to answer these questions. Academics have used our data to analyze patterns of giving by liberal and conservative PACs, investigate the relationship between campaign contributions and lobbying as strategies for buying influence, and distinguish ideological donors from those with a financial stake.
- An Emerging Lobby: An Analysis of Campaign Contributions from Indian Americans, 1998-2022. Karnav Popat, Vishnu Prakash and Joyojeet Pal, University of Michigan, 2025.
- Television Advertising in the 2022 Midterms. Michael M. Franz, Travis N. Ridout, and Erika Franklin Fowler, The Forum, 2023.
- Dark Parties: Unveiling Nonparty Communities in American Political Campaigns. Stan Oklobdzija, American Political Science Review, 2023.
- Out-of-State Donors and Nationalized Politics in U.S. Senate Elections. Joel Sievert and Stephanie Mathiasen, The Forum, 2023.
- Campaign Contributions and Roll-Call Voting in the U.S. House of Representatives: The Case of the Sugar Industry. Kevin Grier, Robin Grier, and Gor Mkrtchian, American Political Science Review, 2023.
- Financing the 2020 Election. Edited by Molly E. Reynolds and John C. Green, Brookings Institution Press, 2023.
- How Dark Is It? An Investigation of Dark Money Operations in U.S. Nonprofit Political Advocacy Organizations. Renée A. Irvin, Nonprofit Policy Forum, 2023.
- Influence-Seeking in U.S. Corporate Elites’ Campaign Contribution Behavior. Edoardo Teso, The Review of Economics and Statistics, 2023.
- Shareholder Politics: The Influence of Investors’ Political Affiliations on Corporate Social Responsibility. Mark R. DesJardine, Wei Shi, and James Westphal, Journal of Management, 2023.
- Manipulative tactics are the norm in political emails: Evidence from 300K emails from the 2020 US election cycle. Arunesh Mathur, Angelina Wang, Carsten Schwemmer, Maia Hamin, Brandon M Stewart, and Arvind Narayanan, Big Data & Society, 2023.
- Campaign Contributions as Crime: The Case of Contribution Influence on US Economic and Environmental Policy. Clayton D. Peoples and Samantha M. Both, State Crime Journal, 2023.
- Is Red or Blue More Likely to Narrow the Gap? The Effect of CEO Political Ideology on CEO-Employee Pay Disparity. David H. Weng and Haibin Yang, Journal of Management Studies, 2023.
- Blue goes green: The impact of the chief executive officer and board of directors' political ideology on corporate environmental performance. Yeongsu Anthony Kim, Business Strategy and the Environment, 2023.
- Donor Activity is Associated with US Legislators’ Attention to Political Issues. Pranav Goel, Nikolay Malkin, SoRelle W. Gaynor, Nebojsa Jojic, Kristina Miler, and Philip S. Resnik, available at SSRN, 2023.
- State-level economic policy uncertainty (EPU) and firm financial stability: Is there any political insurance? Ahmed W. Alam, Ashupta Farjana, and Reza Houston, Economics Letters, 2023.
- Biased Executives. Ahmed Tahoun, Laurence van Lent, and Menghan Zhu, Accounting for Transparency Working Paper Series available at SSRN, 2023.
- Can Stakeholders Mobilize Businesses for the Protection of Democracy? Evidence from the US Capitol Insurrection. Zhao Li and Richard W. DiSalvo, American Political Science Review, 2022.
- The strategic allocation of PAC funds to effective legislators. Eric S. Heberlig & Bruce A. Larson, Interest Groups & Advocacy, 2022.
- Digital Advertising in US Federal Elections, 2004-2020. Adam Sheingate, James Scharf, and Conner Delahanty, Journal of Quantitative Description, 2022.
- Do house prices affect campaign contributions? Rebecca Lessem, Sarah Niebler, and Carly Urban, Economics & Politics, 2022.
- Angel Investors’ Political Ideology and Investments in Women-Owned Ventures. Jianhong Chen, Jeffrey E. Sohl, and Wan-Chien Lien, Journal of Business Ethics, 2022.
- No Experience Required: Early Donations and Amateur Candidate Success in Primary Elections. Rachel Porter and Tyler S. Steelman, Legislative Studies Quarterly, 2022.
- When Not One of the Crowd: The Effects of CEO Ideological Divergence on Lobbying Strategy. Michael Nalick, Scott Kuban, Jason W. Ridge, Asghar Zardkoohi, Leonard Bierman, and Mario Schijven, Southern Management Association, 2022.
- Measuring the Impact of Campaign Finance on Congressional Voting: A Machine Learning Approach. Matthias Lalisse, Institute for New Economic Thinking Working Paper Series, 2022.
- Political Cleavages and Exposure to the Global Financial Crisis. Ryan M. Weldzius, James Raymond Vreeland, and James H. Bisbee, prepared for Niehaus Center for Globalization and Governance workshop, 2022.
- Reason-Giving and Rent-Seeking. Edward H. Stiglitz, 2022. In Law and Economic Development, edited by Kaushik Basu and Ajit Mishra, Palgrave MacMillan, 2022.
- The Super Women and the Super Men behind Super PACs: The Emergence of a New Source of Inequality in Campaign Financing. Paul S. Herrnson and Jennifer A. Heerwig, 2022. In The State of the Parties, 9th edition, edited by John C. Green, Daniel J. Coffee, and David B. Cohen. Rowman and Littlefield, 2022.
- Out-of-District Donors and Representation in the US House. Brandice Canes-Wrone and Kenneth M. Miller, Legislative Studies Quarterly, 2021.
- Geographic impressions in Facebook political ads. Adina Gitomer, Pavel V. Oleinikov, Laura M. Baum, Erika Franklin Fowler, and Saray Shai, Applied Network Science, 2021.
- Allocating Unlimited Money: What Explains Super PAC Spending in Congressional Elections? Michael S. Rocca and Jared W. Clay, The Forum, 2021.
- Turning Money into Speech: Campaign Finance, Political Advertising, and the Civic Sphere. Nathan Katz, Dissertation presented to the Faculty of the Department of Sociology at the University of Missouri-Columbia, 2021.
- Public opinion and special interests in American environmental politics. Elise Grieg, Center of Economic Research at ETH Zurich working paper, 2021.
- Polarized Pluralism Organizational Preferences and Biases in the American Pressure System. Jesse M. Crosson, Alexander Z. Furnas, and Geoffrey M. Lorenz, American Political Science Review, 2020.
- The Origin and Evolution of Super PACs: a Darwinian Examination of a Campaign Finance Species. Diana Dwyre, Society, 2020.
- A Look Ahead at the 2020 US Elections: The Role of Candidate Diversity in Political Participation. Catalina Amuedo-Dorantes and Jose R. Bucheli, American Economic Association Papers and Proceedings, 2020.
- Special Interest Groups Versus Voters and the Political Economics of Attention. Patrick Balles, Ulrich Matter, and Alois Stutzer, Centre of Business and Economics working paper, 2020.
- Oil and gas companies invest in legislators that vote against the environment. Matthew H. Goldberg, Jennifer R. Marlon, Xinran Wang, Sander van der Linden, and Anthony Leiserowitz, Proceedings of the National Academy of Sciences, 2020.
- Price discrimination in political advertising: Evidence from the 2012 presidential election. Sarah Moshary, Rand Journal of Economics, 2020.
- Small-Donor Based Campaign-Finance Reform and Political Polarization. Richard H. Pildes, Yale Law Journal, 2020.
- Corporate Political Strategies. Rodrigo B. DeMello, 2020.
- Interest Group Activists and the Polarization of State Legislatures. Jacob M. Grumbach, Legislative Studies Quarterly, 2019.
- Party Crashers: Interest Groups as a Latent Threat to Party Networks in Congressional Primaries. Cory Manento, Party Politics, 2019.
- You catch more flies with honey: an analysis of PAC punishment and congressional vote switching. Joshua M. Jansa, Interest Groups & Advocacy, 2019.
- Corporate Political Activity and Free Riding under Market Uncertainty: An Investigation of TARP Funding. Lee Warren Brown, John A. De Leon, and Abdul A. Rasheed, Business and Society Review, 2019.
- Buying Reality: Political Ads, News & Money. Danilo Yanich, Fordham University Press, 2019.
- Partisan Bias in Fund Portfolios. M. Babajide Wintoki and Yaoyi Xi, Journal of Financial and Quantitative Analysis, 2019.
- Does Public Attention Reduce the Influence of Moneyed Interests? Policy Positions on SOPA/PIPA Before and After the Internet Blackout. Ulrich Matter and Alois Stutzer, Economic Inquiry, 2019.
- Bootleggers, Baptists, and the risks of rent seeking. Patrick A. McLaughlin, Adam C. Smith, and Russell S. Sobel, Constitutional Political Economy, 2019.
- Political Capital: An Analysis of Congress Voting on the Financial Regulations. Xiaoting Hao, Yong-Cheol Kim, Yuree Lim, Asia-Pacific Journal of Financial Studies, 2019.
- Does Political Influence Distort Banking Regulation? Evidence from the US. Panagiota Papadimitri, Fotios Pasiouras, Gioia Pescetto, Ansgar Wohlschlegel, Portsmouth Business School, 2018.
- The Blue Wave: Assessing Political Advertising Trends and Democratic Advantages in 2018. Erika Franklin Fowler, Michael M. Franz, and Travis N. Ridout, PS: Political Science & Politics, 2018.
- The Politics of Legal Empirics: Do Political Attitudes Predict the Results of Empirical Legal Scholarship? Jeffrey J. Rachlinski, Journal of Institutional and Theoretical Economics, 2018.
- Campaign Contributions From Political Action Committees to Members of Congressional Committees Responding to the Opioid Crisis. Matthew S. McCoy and Genevieve P. Kanter, Journal of the American Medical Association, 2018.
- The Impact of Citizens United on Large Corporations and Their Employees. Wendy L. Hansen and Michael S. Rocca, Political Research Quarterly, 2018.
- How Internal Constraints Shape Interest Group Activities: Evidence from Access-Seeking PACs. Zhao Li, American Political Science Review, 2018.
- Local Union Organization and Law Making in the US Congress. Michael Becher, Daniel Stegmueller, and Konstantin Käppner, Journal of Politics, 2018.
- Agency Problems in Political Campaigns: Media Buying and Consulting. Gregory J. Martin and Zachary Peskowitz, American Political Science Review, 2018.
- Corporate Political Donations: Investment or Agency? Rajesh K. Aggarwal, Felix Meschke, and Tracy Yue Wang, Business and Politics, 2017.
- Why Did Politicians Intervene in the Fair Value Debate? The Role of Ideology and Special Interests. Janni Bischof, Holger Daske, and Christoph J. Sextroh, working paper available at SSRN, 2017.
- The Impact of Organizational Characteristics on Super PAC Financing and Independent Expenditures. Presented at the Meeting of the Campaign Finance Task Force, Bipartisan Policy Center, 2017.
- Postdiluvian? The Effects of Outside Group Spending on Senate Elections After Citizens United and Speechnow.org v. FEC. Neilan S. Chaturvedi and Coleen Holloway, The Forum, 2017.
- The geography of money and politics: Population density, social networks, and political contributions. Yu-Ru Lin, Ryan Kennedy and David Lazer, Research and Politics, 2017.
- The Role of Interest Groups and Group Interests on Gun Legislation in the U.S. House. Robert Richards, Social Science Quarterly, 2017.
- "Outsiders with Deep Pockets": The Nationalization of Local School Board Elections. Sarah Reckhow, Jeffrey R. Henig, Rebecca Jacobsen, Jamie Alter Litt, Urban Affairs Review, 2016.
- American Government and Politics: Deliberation, Democracy, and Citizenship. Joseph M. Bessette and John J. Pitney, Jr, Wadsworth Cengage, 2014.
- Presidential Prospects, Political Support, and Stock Market Performance. Nikhar Gaikwad, Quarterly Journal of Political Science, 2013.
- Does it matter who's behind the curtain? Anonymity in Political Advertising. Conor Dowling and Amber Wichowsky, American Political Research, 2013.
- The Impact of Political Connectedness on Firm Value and Corporate Policies: Evidence from Citizens United. Ashley N. Newton and Vahap B. Uysal, University of Oklahoma, 2013.
- After Hope and Change: The 2012 Elections and American Politics. James W. Ceaser, Andrew E. Busch, and John J. Pitney. Jr, Rowman and Littlefield, 2013.
- Updating Disclosure for the New Era of Independent Spending. Richard Briffault, Columbia Law School Public Law & Legal Theory Working Paper Group, 2012.
- Iron Law of Emulation: American Crossroads and Crossroads GPS. John J. Pitney, Jr. In Interest Groups Unleashed, edited by Paul S. Herrnson, Christopher J. Deering, and Clyde Wilcox, Sage/CQ Press, 2012.
- Political Fundraising Networks. Jason Poulos, MIT, 2012.
- Financing the Presidential Election. Edited by David Magelby and Anthony Corrado, Brookings Institution Press, 2011.
- Winner Take All Politics. Jacob Hacker and Paul Pierson, Simon & Schuster, 2011.
- The Effects of Interest Groups' Ideology on Their PAC and Lobbying Expenditures. Amy McKay, Business and Politics, 2010.
Personal Finances
In some ways, lawmakers' finances look a lot like those of many Americans. They include diverse portfolios of stocks, bonds, mutual funds and real estate. They have bank accounts, credit cards and mortgages. The difference: Politicians generally have more money and-unlike most people they represent-they must make their investments public. Journalists and academics have taken advantage of this public data (made searchable by OpenSecrets) to spot conflicts of interest, track trends in lawmakers' portfolios over time, and tackle the politically sensitive question of whether elected officials are using insider information for financial gain.
- Profiting from Real Estate: So Easy a Congressman Can Do It. Markus Baldauf, Jack Y Favilukis, Lorenzo Garlappi, and Keling Zheng, available at SSRN, 2022.
- Political Favoritism and Audit Fees: The Effect of Stock Ownership by Members of the US Congress. Humnath Panta, Arun Narayanasamy, Dhruba Banjade, and Jamshed Iqbal, available at SSRN, 2022.
- Profiting from connections: Do politicians receive stock tips from brokerage houses? Andrew P. Stephan, Beverly R. Walther, and Laura A. Wellman, Journal of Accounting and Economics, 2021.
- On the Ethics of "Non-Corporate" Insider Trading. Benjamin M. Blau, Todd G. Griffith, and Ryan J. Whitby, Journal of Business Ethics, 2021.
- Historical trends in health care-related financial holdings among members of Congress. Matthew S. McCoy, Matthew Bonci, Steven Joffe, and Genevieve P. Kanter, PLoS One, 2021.
- Does Money Buy Congressional Love? Individual Donors and Legislative Voting. Brandice Canes-Wrone and Nathan Gibson, Congress & the Presidency, 2019.
- Family ties and informed trading: evidence from Capitol Hill. Serkan Karadas, Journal of Economics and Finance, 2018.
- Insider trading and the STOCK Act Amendment. Josh Wilson, Utah State University Digital Commons, 2018.
- The Wealth of Congress. Jonathan Klick, Harvard Journal of Law & Public Policy, 2017.
- Abnormal Returns from Joining Congress? Evidence from New Members. Joshua C. Hall, Serkan Karadas, Minh Tam T. Schlosky, West Virginia University Department of Economics working paper, 2016.
- Political Lending. Ahmed Tahoun and Florin P. Vasvari, Working Paper No. 47, 2016.
- Does the Numerical Underrepresentation of the Working Class in Congress Matter? Nick Carnes, Legislative Studies Quarterly, 2012.
- Political Capital: The (Mostly) Mediocre Performance of Congressional Stock Portfolios, 2004-2008. Andrew Eggers and Jens Hainmueller, Yale/MIT, 2011.
Lobbying
In addition to making campaign contributions to elected officials and candidates, companies, labor unions, and other organizations spend billions of dollars each year to lobby Congress and federal agencies. Some special interests retain lobbying firms, many of them located along Washington's legendary K Street; others have lobbyists working in-house. All hope to influence the direction and scope of legislation and government regulations, but some are more successful than others.
Researchers have examined the OpenSecrets' database of lobbying expenditures to determine how the influence industry works -- and how often those who ply the trade get what they want. The research below finds that lobbying often justifies its cost with a strong return on investment, but that even the best-funded lobbying efforts often fail to overcome Washington's status quo bias.
- Patterns of Federal Lobbying by the Hospital Industry, Olivia Korostoff-Larsson, Caroline Shore, Lauren A. Taylor, Journal of the American Medical Association, 2026.
- Corporate Climate Lobbying. Markus Leippold, Zacharias Sautner and Tingyu Yu, European Corporate Governance Institute, 2024.
- Corporate Lobbying and ESG Reports: Patterns among US Companies, 1999–2017. Huchen Liu, Sijing Wei, and Jiarui Zhang, Business and Politics, 2023.
- Policy Consequences of Revolving Door Lobbying. Amy Melissa McKay and Jeffrey Lazarus, Political Research Quarterly, 2023.
- Market Power and Political Connections. Yameng Fan and Feng Zhou, Social Science Research Network, 2023.
- Does a firm’s lobbying activity respond to its peers’ lobbying activity? Wei-Fong Pan, Public Choice, 2023.
- Lean against the wind: The effect of policy uncertainty on a firm's corporate social responsibility strategy. Daoju Peng, Gonul Colak, and Jianfu Shen, Journal of Corporate Finance, 2023.
- Green Product Portfolio and Environmental Lobbying. Jihyun Eun, Minjung Lee, and Young Hoon Jung, Business & Politics, 2023.
- Firm performance and the crowd effect in lobbying competition. Alexandre Girard, Jean-Yves Gnabo, and Rodrigo Londoño van Rutten, Finance Research Letters, 2023.
- Detecting shadow lobbying. Ivan Slobozhan, Peter Ormosi & Rajesh Sharma, Social Network Analysis and Mining, 2022.
- Can we trust the accounting discretion of firms with political money contributions? Evidence from U.S. IPOs. Antonios Kallias, Konstantinos Kallias, and Song Zhang, Journal of Accounting and Public Policy, 2022.
- Political Partisanship and Firm Value. Anqi Jiao and Honglin Ren, Social Science Research Network, 2022.
- Corporate Lobbying and Product Recalls: an Investigation in the U.S. Medical Device Industry. Verdiana Giannetti and Raji Srinivasan, Journal of the Academy of Marketing Science, 2022.
- Lobbying and political expenses: Complements or substitutes? Jorge A. Romero, Journal of Business Research, 2022.
- Corporate Political Activities and the SEC's Oversight Role in the IPO Process. Dimitrios Gounopoulos, Georgios Loukopoulos, Panagiotis Loukopoulos, and Geoffrey Wood, Journal of Management Studies, 2022.
- Competitive Lobbying in the Influence Production Process and the Use of Spatial Econometrics in Lobbying Research. Benjamin Egerod and Wiebke M. Junk, Public Choice, 2022.
- Lobbying Expenditures in the US Health Care Sector, 2000-2020. William L. Schpero, Thomas Wiener, Samuel Carter, and Paula Chatterjee, JAMA Health Forum, 2022.
- Foreign Lobbying Through Domestic Subsidiaries. Jieun Lee, Economics & Politics, 2022.
- Shedding Light on the Dark Side of Firm Lobbying: A Customer Perspective. Gautham G. Vadakkepatt, Sandeep Arora, Kelly D. Martin, Neeru Paharia, Journal of Marketing, 2022.
- Beyond lobbying: the political determinants of adopting corporate social responsibility frameworks in the European Union and the USA. Patrick Bernhagen, Kelly Kollman & Natalka Patsiurko, Interest Groups & Advocacy, 2022.
- Audit firm political connections and PCAOB inspection reports. W. Robert Knechel and Hyun Jong Park, Accounting, Organizations and Society, 2022.
- Do auditors account for firm-level political risk? Mahmud Hossain, Santanu Mitra, International Journal of Auditing, 2022.
- Firms’ Transition to Green: Innovation versus Lobbying. Sungjoung Kwon, Michelle Lowry, and Michela Verardo, European Corporate Governance Institute working paper available at SSRN, 2022.
- Policy Uncertainty, Earnings Management and the Role of Political Connections. Moritz Hölzer, Thomas R. Loy, and Jochen Zimmermann, available at SSRN, 2022.
- Surprise election for Trump connections. Travers Child, Nadia Massoud, Mario Schabus, and Yifan Zhou, Journal of Financial Economics, 2021.
- The politics of bailouts: Estimating the causal effects of political connections on corporate bailouts during the 2008–2009 US financial crisis. Vuk Vukovic, Public Choice, 2021.
- Diverse Lobbying Coalitions and Influence in Notice-and-Comment Rulemaking. Maraam A. Dwidar, Policy Studies Journal, 2021.
- Lobbying to the rhythm of Wall Street? Explaining the political advocacy of non-financial corporations over financial regulatory policy. Kevin L Young and Stefano Pagliari, Socio-Economic Review, 2021.
- The climate responsibilities of industrial meat and dairy producers. Oliver Lazarus, Sonali McDermid, and Jennifer Jacquet, Climatic Change, 2021.
- Inferring the Policy Domains of Federal Agencies from Lobbying. Peter Bils and Richard DiSalvo, Social Science Research Network, 2020.
- Buying Amendments? Lobbyists' Campaign Contributions and Microlegislation in the Creation of the Affordable Care Act. Amy Melissa McKay, Legislative Studies Quarterly, 2020.
- Professor Smith Goes to Washington: Educational Interest Group Lobbying, 1998–2017. Christopher R. Marsicano and Christopher Brooks, Educational Researcher, 2020.
- Data and methods for analyzing special interest influence in rulemaking. Daniel Carpenter, Devin Judge-Lord, Brian Libgober, and Steven Rashin, Interest Groups & Advocacy, 2020.
- Lobbying Expenditures and Campaign Contributions by the Pharmaceutical and Health Product Industry in the United States, 1999-2018. Olivier J. Wouters, JAMA Internal Medicine, 2020.
- Strategic Lobbying to Support or Oppose Legislation in the US Congress. Thomas T. Holyoke, The Journal of Legislative Studies, 2019.
- Postpolitical Careers: How Politicians Capitalize on Public Office. Maxwell Palmer, Benjamin Shneer, The Journal of Politics, 2019.
- Lobbying Externalities and Competition. Ekaterina Neretina, Social Science Research Network, 2019.
- The Influence of Corporate Lobbying on Federal Contracting. Aaron Dusso, Thomas T. Holyoke, and Henrik Schatzinger, Social Science Quarterly, 2019.
- The effect of venture capital backing on companies’ subsequent lobbying efforts. Ekin Alakent, Mine Ozer, and M. Sinan Goktan, Journal of Entrepreneurship & Public Policy, 2019.
- Is your playing field unleveled? U.S. defense contracts and foreign firm lobbying. Jin Hyung Kim, Strategic Management Journal, 2019.
- From the Halls of Congress to K Street: Government Experience and its Value for Lobbying. Pamela Ban, Maxwell Palmer, and Benjamin Schneer, Legislative Studies Quarterly, 2019.
- Gender Politics in the Lobbying Profession. Timothy M. LaPira, Kathleen Marchetti, and Herschel F. Thomas, Politics & Gender, 2019.
- The Interest Group Top Tier: Lobbying Hierarchy and Inequality in American Politics. Lee Drutman, Matt Grossman, and Timothy M. LaPira. Published in Can America Govern Itself? edited by Frances E. Lee and Nolan McCarty, Cambridge University Press, 2019.
- Franchise systems and lobbying: implications for Olsonian collective action theory. Richard S. Brown, Management Decision, 2018.
- Fundraising for Favors? Linking Lobbyist-Hosted Fundraisers to Legislative Benefits. Amy McKay, Political Research Quarterly, 2018.
- How Successful Have Lobbyists Been at Influencing State and National Policy to Further the Completion of the Dakota Access Pipeline, Since the 2008 US Election? Benjamin Piper and David McQueen, Journal of Promotional Communications, 2018.
- What do Campaign Contributions Buy? Lobbyists’ Strategic Giving. Amy McKay, Interest Groups & Advocacy, 2018.
- The climate lobby: a sectoral analysis of lobbying spending on climate change in the USA, 2000 to 2016. Robert J. Brulle, Climatic Change, 2018.
- Liberalization for Sale: Heterogeneous Firms and Lobbying Over FTAs. Michael Plouffe, revision of paper prepared for the 2012 APSA annual meeting, 2017.
- All the President's Friends: Political Access and Firm Value. Jeffrey R. Brown and Jiekun Huang, NBER Working Paper, 2017.
- The Partisan Ties of Lobbying Firms. Alexander C. Furnas, Michael T. Heaney, and Timothy M. LaPira, paper presented at APSA annual meeting, 2017.
- Prioritized Interests: Diverse Interest Group Coalitions and Congressional Committee Agenda-Setting. Geoffrey M. Lorenz, University of Virginia working paper, 2017.
- Corporate Lobbying, Visibility and Accounting Conservatism. Xiangting Kong, Suresh Radhakrishnan, and Albert Tsang, Journal of Business Finance & Accounting, 2017.
- Beyond Lobbying Expenditures: How Lobbying Breadth and Political Connectedness Affect Firm Outcomes. Jason W. Ridge, Amy Ingram, and Aaron D. Hill, Academy of Management Journal, 2016.
- Capitalizing on Capitol Hill: Informed Trading by Hedge Fund Managers. Meng Gao and Jiekun Huang, Journal of Financial Economics, 2016.
- Corporate Distress and Lobbying: Evidence from the Stimulus Act. Manuel Adelino and Serdar Dinc, Journal of Financial Economics, 2014.
- Is It Whom You Know or What You Know? An Empirical Assessment of the Lobbying Process? Marianne Bertrand, Matilde Bombardini, and Francesco Trebbi, American Economic Review, 2014.
- Corporate Lobbying and Firm Performance. Hui Chen, David C. Parsley, and Ya-wen Yang, Journal of Business & Finance Accounting, 2013.
- The Two Worlds of Lobbying: The Core-Periphery Structure of the Interest Group System. Timothy M. LaPira, Herschel F. Thomas III, and Frank Baumgartner, working paper available at SSRN, 2012.
- Lobbying and Policy Change: Who Wins, Who Loses, and Why. Frank R. Baumgartner et al, University of Chicago Press, 2009.
- Measuring Rates of Return for Lobbying Expenditures. Raquel Meyer Alexander, Stephen W. Mazza, and Susan Scholz, Journal of Law and Politics, 2009.
Revolving Door
Although the influence powerhouses that line Washington's K Street are just a few miles from the U.S. Capitol building, the most direct path between the two doesn't involve public transportation. Instead, it's through a door-the revolving door that deposits federal employees in jobs as lobbyists, consultants and strategists, and leads former hired guns into government careers. When congressional and executive branch officials and senior staffers spin in and out of the private and public sectors, so too does power, access and, of course, money.
While lobbyists aren't always forthcoming about the tricks of their trade, academics have been able to shed light on the effects of the revolving door by studying OpenSecrets' lobbying data. For example, political scientists have used OpenSecrets data to demonstrate that revolvers' success in the lobbying industry is closely tied to the fortunes of their former bosses on Capitol Hill, suggesting that lobbyists are valued more for their ability to peddle access than for their expertise.
- Caught in the Revolving Door: Firm-Government Employee Mobility as a Fleeting Regulatory Advantage. Ivana Katic and Jerry Kim, Organization Science, 2023.
- The Cost of Wrongdoing to Bystander Firms. Minjung Lee, Mina Lee, and Seung-Hyun Lee, Business & Politics, 2023.
- The Preference for Reciprocity in Congress. Christian Fong, American Journal of Political Science, 2023.
- Campaign Contributions and Access to Congressional Offices: Patterns in Foreign Lobbying Data. Huchen Liu, Political Research Quarterly, 2021.
- Fifteen Minutes of Fame? The Impact of Media Visibility and Media Reputation on the Relationship between Corporate Political Activity and Government Contract Awards. Michael Hadani, Berna Aksu and Susan Coombes, Academy of Management Discoveries, 2021.
- Selfish Regulators, Transparency, and Misreporting. Aneesh Raghunandan, available at SSRN, 2020.
- Policy uncertainty and demand for revolving-door lobbyists. Huchen Liu, Interest Groups & Advocacy, 2020.
- Exit Strategy: Career Concerns and Revolving Doors in Congress. Michael E. Shepherd and Hye Young You, American Political Science Review, 2019.
- Is the Revolving Door of Washington a Back Door to Government Contracts and Excess Returns? Mehmet Canayaz, Jose Vicente Martinez, and Han N. Ozsoylev, available at SSRN, 2019.
- The Tech Lobby: Tracing the Contours of New Media Elite Lobbying Power. Pawel Popiel, Communication, Culture and Critique, 2018.
- A dual early warning model of bank distress. Nikolaos I. Papanikolaou, Economics Letters, 2018.
- Who walks through the revolving door? Examining the lobbying activity of former members of Congress. Jeffrey Lazarus, Amy McKay & Lindsey Herbel, Interest Groups & Advocacy, 2016.
- A Very Particular Set of Skills: Former Legislator Traits and Revolving Door Lobbying in Congress. Todd Makse, American Politics Research, 2016.
- Financial Sector Regulation and the Revolving Door in US Commercial Banks. Elise S. Brezis and Joël Cariolle, State, Institutions and Democracy, 2016.
- Why Shouldn’t You Invest in Companies with Revolving Door Lobbyists? Emre Kuvvet, Journal of Investing, 2016.
- Capitol Gains: The Returns to Elected Office from Corporate Board Directorships. Maxwell Palmer and Benjamin Schneer, Journal of Politics, 2015.
- Valuing Changes in Political Networks: Evidence from Campaign Contributions to Close Congressional Elections. Pat Akey, Review of Financial Studies, 2015.
- Does the revolving door swing both ways? The value of political connections to US firms. Reza Houston and Stephen Ferris, Managerial Finance, 2015.
- Just How Many Newt Gingrich's Are There on K Street? Estimating the True Size and Shape of Washington's Revolving Door. Timothy M. LaPira and Herschel F. Thomas III, paper prepared for MPSA annual meeting, 2013.
- Revolving Door Lobbyists. Jordi Blanes i Vidal, Mirko Draca, and Christian Fons-Rosen, American Economic Review, 2012.
- Revolving Doors: Lobbyists' Government Experience, Expertise, and Access in Political Context. Timothy M. LaPira and Herschel F. Thomas III, paper prepared for APSA annual meeting, 2012.
- The Partisan Revolving Door. Andrew Eggers, Harvard University working paper, 2010.