Legislative compensation: An econometric analysis
Coen, Clinton D.
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Coen, Clinton D. 2016. Legislative compensation: An econometric analysis. --In Proceedings: 12th Annual Symposium on Graduate Research and Scholarly Projects. Wichita, KS: Wichita State University, p. 33
In this econometric project I look at legislative compensation across the fifty states to see if market theories hold; market theory would suggest that higher legislative pay would yield better performance. My hypothesis is that market theories will hold, the states with higher compensation rates will see better results. I use ordinary least squares regression: some of my dependent variables include GDP per capita, unemployment, graduation rates, and more. The results, as a whole are inconclusive, because it cannot be determined if increased legislative compensation results in increased legislative performance. While the results are inconclusive there are some valuable results of the analysis. A large portion of the variables display a positive relationship: some of these positive correlations are more desirable than others.
Presented to the 12th Annual Symposium on Graduate Research and Scholarly Projects (GRASP) held at the Heskett Center, Wichita State University, April 29, 2016.
Research completed at Department of Economics, Barton School of Business