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Is the relationship between candidate's campaign money and their electoral victory causal, endogenous, or spurious?

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Answer:

The endogenous nature of campaign negativity and the relative position of a candidate in the polls raises questions about the causal relationship of these two variables in previous observational studies of campaigns. To address this problem, this paper uses an experiment embedded in a survey of campaign practitioners to evaluate the role of poll positioning on the use of campaign negativity.

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User Superphonic
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