AN ECONOMIC EXPLANATION OF THE NATIONALIZATION OF ELECTORAL POLITICS
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nationalization – aggregate economic voting – to fill the gap. Economic perturbations<br />
increase vote transfers from large (and highly nationalized) parties to small (and weakly<br />
nationalized) parties and thus weaken the nationalization of party system. On the<br />
contrary, sharp improvements in economic performance may generate vote shifts<br />
towards large parties and so nationalization should increase. As the ability to voice<br />
discontent when the economy is performing badly increases with the number of parties,<br />
the influence of economic performance is greater in permissive electoral systems.<br />
Our argument has been strongly supported when observing how nationalization<br />
scores change across consecutive elections in a sample of 475 elections and 43<br />
countries. The party-level mechanisms accounting for the correlation between economic<br />
performance and nationalization have been shown through a closer look at two<br />
countries, Austria and Portugal, which differ in all the institutional variables that might<br />
affect the nationalization of parties and party systems. Large parties do better when the<br />
economy is going well and worse when it is going badly, and they are more nationalized<br />
than small parties.<br />
APPENDIX<br />
Sample<br />
Argentina (1983-2007), Australia (1951-1984), Austria (1953-2008), Belgium (1950-<br />
1995), Bolivia (1985-2005), Brazil (1954-2006), Bulgaria (1991-1997); Canada (1953-<br />
2011), Colombia (1998-2006), Costa Rica (1953-2010), Denmark (1950-2011),<br />
Dominican Republic (1970-2006), Finland (1951-2007), France (1973-2002), Germany<br />
(1953-2009), Ghana (2000-2004), Greece (1956-2000), Honduras (1980-2001),<br />
Hungary (1990-2010), Iceland (1953-1995), India (1977-2004), Indonesia (1999-2004),<br />
Ireland (1951-2011), Italy (1953-1996), Japan (1952-2009), Mexico (1997-2009), The<br />
Netherlands (1952-2010), New Zealand (1951-2011), Norway (1953-2009), Pakistan<br />
(2002-2008), Peru (1985-2011), Philippines (1992-2010), Poland (1991-2005), Portugal<br />
(1975-2011), Romania (1996-2000), Russia (2003-2011), Spain (1977-2011), Sweden<br />
(1952-2006), Switzerland (1951-1995), Thailand (1969-1992), Turkey (1969-2011),<br />
United Kingdom (1950-2010), United States (1950-2010).