We study the higher-derivative extensions of the D = 3 Abelian Chern-Simons
topological invariant that would appear in a perturbative effective action
's momentum expansion. The leading, third-derivative, extension I-ECS turns
out to be unique. It remains parity-odd but depends only on the field stre
ngth, hence no longer carries large gauge information, nor is it topologica
l because metric dependence accompanies the additional covariant derivative
s, whose positions are seen to be fixed by gauge invariance. Viewed as an i
ndependent action, I-ECS requires the field strength to obey the wave equat
ion. The more interesting model. adjoining I-ECS to the Maxwell action, des
cribes a pair of excitations. One is massless, the other a massive ghost, a
s we exhibit both via the propagator and by performing the Hamiltonian deco
mposition. We also present this model's total stress tensor and energy. Oth
er actions involving I-ECS are noted, as is the corresponding extension of
the D = 4 theta- term. (C) 1999 Elsevier Science B.V. All rights reserved.