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Economic fluctuations and political self-placement

  • Economou, Athina
  • Gavroglou, Stavros
  • Kollias, Christos

This paper examines whether economic conditions affect citizens’ political self-placement on the left–right scale of the political spectrum. A cohort of factors influence and determine such self-placements by citizens including ideology, social values, partisan allegiances, class perceptions, socio-economic characteristics, personality traits. Using data from the Euro-barometer surveys for twelve European Union countries over the period 1985–2009 this study investigates the effect that economic fluctuations have on political self-placement. Results reported herein from both fixed-effects and random-effects regression models indicate that, once we control for the differential transitory and permanent effects of economic conditions, we find that in the long-run and during economic upturns, there seems to be a quantitatively mild movement towards the political middle from the two opposite ends of the left–right dimension.

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Article provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).

Volume (Year): 46 (2013)
Issue (Month): C ()
Pages: 57-65

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Handle: RePEc:eee:soceco:v:46:y:2013:i:c:p:57-65
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