Politics, Innovation, and the Internet: A Source of Howard Dean's Fundraising Success?
Posted: 7 Sep 2007
Date Written: September 6, 2007
This paper looks at Howard Dean's innovative use of the Internet, particularly Meetup.com, during the 2004 presidential primaries. I use data from the FEC and Meetup.com to show that the use of Meetups significantly increased the number of donations to Dean's campaigns. Depending upon the model specification, the number of donations from a geographical area in which a Meetup occurred increased by 60-235% over their normal rate in the week in which the Meetup occurred. These results suggest that innovative uses of the Internet could cause profound changes in the way in which money is raised for political candidates.
Keywords: Fundraising, presidential primaries, Howard Dean, Internet, Meetup
JEL Classification: O31
Suggested Citation: Suggested Citation