TY - JOUR AU - Gowrisankaran,Gautam AU - Mitchell,Matthew F. AU - Moro,Andrea TI - Why Do Incumbent Senators Win? Evidence from a Dynamic Selection Model JF - National Bureau of Economic Research Working Paper Series VL - No. 10748 PY - 2004 Y2 - September 2004 UR - http://www.nber.org/papers/w10748 L1 - http://www.nber.org/papers/w10748.pdf N1 - Author contact info: Gautam Gowrisankaran Professor of Economics Department of Economics University of Arizona P.O. Box 210108 Tucson, AZ 85721-0108 Tel: 520/621-2529 Fax: 520/621-8450 E-Mail: gowrisankaran@eller.arizona.edu Andrea Moro Department of Economics Vanderbilt University VU Station B #351819 Nashville, TN 37235 E-Mail: andrea.moro@vanderbilt.edu AB - Since 1914, incumbent U.S. senators running for reelection have won almost 80% of the time. We investigate why incumbents win so often. We allow for three potential explanations for the incumbency advantage: selection, tenure, and challenger quality, which are separately identified using histories of election outcomes following an open seat election. We specify a dynamic model of voter behavior that allows for these three effects, and structurally estimate the parameters of the model using U.S. Senate data. We find that tenure effects are negative or small. We also find that incumbents face weaker challengers than candidates running for open seats. If incumbents faced challengers as strong as candidates for open seats, the incumbency advantage would be cut in half. ER -