The Value of an Additional Representative: Evidence from the Reapportionment of Firms

• In Event: Party Power, Representation, and Competition

Brief Overview

We demonstrate that having an additional representative in the United States House of Representatives in a firms’ headquarters state is worth approximately 1% of the value of the average publicly traded firm using a RDD approach.

Authors

• Joaquin Artes, Universidad Complutense de Madrid

• Brian Kelleher Richter, The University of Texas at Austin

• Jeff F Timmons, NYU Abu Dhabi