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A Dynamic Analysis of The Role of War Chests in Campaign Strategy

Janet M. Box-Steffensmeier
American Journal of Political Science
Vol. 40, No. 2 (May, 1996), pp. 352-371
DOI: 10.2307/2111628
Stable URL: http://www.jstor.org/stable/2111628
Page Count: 20
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A Dynamic Analysis of The Role of War Chests in Campaign Strategy
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Abstract

War chest dynamics affect challenger entry. Large war chests deter challengers from entering. High quality challengers should be particularly influenced. Repeated measures analysis of variance and duration analysis with time varying covariates and temporally disaggregated war chest data are employed. The primary contribution of this paper is the empirical evidence that war chests affect entry decisions of high quality challengers.

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