The private returns to public office

Raymond Fisman, Florian Schulz, Vikrant Vig

Research output: Contribution to journalArticlepeer-review

56 Scopus citations


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.

Original languageEnglish (US)
Pages (from-to)806-862
Number of pages57
JournalJournal of Political Economy
Issue number4
StatePublished - Aug 2014

ASJC Scopus subject areas

  • Economics and Econometrics


Dive into the research topics of 'The private returns to public office'. Together they form a unique fingerprint.

Cite this