Local Income

0.173** (0.022)

0.170** (0.022)

0.170** (0.022)

Temporal Effects

Year Trend

−0.090* (0.038)

−0.086* (0.037)

−0.086 (0.046)

Interaction Term

Contribution Limit* Incumbent

-

−0.186* (0.073)

−0.186* (0.093)

Constant

1.952** (0.581)

1.897** (0.554)

1.897** (0.647)

Number of clusters (elections)

93

93

93

Number of observations

1150552

1150552

1150552

F-test

54.26

65.06

-

Wald χ2

-

-

507.15

Prob > F/Prob > χ2

0.000

0.000

0.000

R2

0.176

0.180

0.180

Root MSE

1.379

1.376

1.376