What’s the context of the election?

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The literature review covers in a linear fashion papers that differ in several aspects. It may be better to systematically organize the reviewed papers in a table, which will give the reader a bird eye view. For the empirical question “how does money affect elections” most studies recognize that the heart of the problem is the endogeneity of campaign spending. The endogeneity of campaign spending differs between the incumbent and challenger and whether it was general or primary elections. One way to sort the papers you covered in a table is as follows: column 1 of each row is the paper reviewed, column 2 specifies whether the study is on general election or primary (what’s the context of the election), column 3: the data set used, column 4: whether the focus is incumbent or challenger (i.e., define the dependent variable), column 5 is the IV (how is the endogeneity dealt with), column 6 is a comparison of OLS and IV result (what’s the answer to question of money on politics).

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