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The Value of “Unlimited Spending” in Presidential Elections: Super PAC Influence in the 2012 Republican Primaries

Abstract

In their inaugural presidential cycle, Super PACs spent heavily in an attempt to sway voters. Though this spending was widely publicized and served as a major source of controversy, very little evidence has been presented to suggest that their efforts translate into influence. Naturally, this begs the question: how much power do these deep-pocketed Super PACs truly possess? Using data from the 2012 Republican nomination period, this study finds that the effects of Super PAC spending are minimal, specific to long-shot candidates, and situational

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