The Private Returns to Public Office
利用印度候选人公开披露数据，发现获胜议员年资产增长比落选者高3-5%，在腐败严重州和部长级职位中更明显，支持寻租解释。
We study the wealth accumulation of Indian state politicians using public disclosures required of all candidates. The annual asset growth of winners is 3-5 percent higher than that of runners-up, a difference that holds also in a set of close elections. The relative asset growth of winners is greater in more corrupt states and for those holding ministerial positions. These results are consistent with a rent-seeking explanation for the relatively high rate of growth in winners' assets.