Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/100117
Authors: 
Vaughan, Daniel
Year of Publication: 
2013
Series/Report no.: 
Working Papers, Banco de México 2013-18
Abstract: 
Using a novel biographical database including all Presidents and presidential candidates in Colombia for the period 1833-2010 I show that the value of a political connection can be quantified in terms of the votes transferred within a political network. I consider three types of political networks depending on whether links are created by a cabinet or foreign service appointment and a family connection. I find that a one standard deviation increase in votes received by connections generates a maximum gain of three-fourths of a standard deviation. I also reject for the presence of network endogeneity that may bias the estimates.
Subjects: 
Political Networks
Political Dynasties
Economic and Political History
Colombia
Elites
JEL: 
D85
P16
D72
N46
O54
Document Type: 
Working Paper
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