Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/222276
Authors: 
Proaño Acosta, Christian
Peña, Juan Carlos
Saalfeld, Thomas
Year of Publication: 
2020
Series/Report no.: 
BERG Working Paper Series 157
Abstract: 
This paper investigates the macroeconomic and social determinants of voting behavior, and especially of political polarization, in 20 advanced countries using annual data ranging from 1970 to 2016 and covering 291 parliamentary elections. Using a panel estimation approach and rolling regressions, our analysis indicates that a significant change in the link between income inequality and political polarization appears to have taken place over the last twenty years. Indeed, we find that both average inequality, measured by the post-tax Gini coefficient, as well as the bottom 10%income share are statistically linked to the recent success of far-right parties, while the top 10% or top 20% incomes shares are not. The link of income inequality and political polarization thus seems to be based on the deterioration of the relative economic position especially of the poorest fraction of the population. Furthermore, we find no empirical support for the notion that social and economic globalization has led to an increase in the popularity of far-right parties.
Subjects: 
Income Inequality
Political Polarization
Globalization
Economic Voting Behavior
JEL: 
P16
D6
D72
O15
ISBN: 
978-3-943153-78-1
Document Type: 
Working Paper

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