Please use this identifier to cite or link to this item:
Title: Betrayed by the elites: how corruption amplifies the political effects of recessions
Author: Sanz, Carlos
Solé Ollé, Albert
Sorribas, Pilar
Keywords: Crisis econòmiques
Corrupció política
Responsabilitat (Dret)
Political corruption
Liability (Law)
Issue Date: 1-Jun-2022
Publisher: SAGE Publications
Abstract: We investigate whether corruption amplifies the political effects of economic crises. Using Spanish municipal-level data and a difference-in-difference strategy, we find that local unemployment shocks experienced during the Great Recession (2008-2015) increased political fragmentation. This effect was four times larger in municipalities exposed to malfeasance than in municipalities without a history of political corruption. We bolster this evidence by showing that, conditional on province and population strata fixed effects, there is no evidence of differential pre-trends. We also find that the interaction of unemployment and corruption harms the two traditional main parties and benefits especially the new party on the left (Podemos).
Note: Versió postprint del document publicat a:
It is part of: Comparative Political Studies, 2022, vol. 55, num. 7, p. 1095-1129
Related resource:
ISSN: 0010-4140
Appears in Collections:Articles publicats en revistes (Economia)

Files in This Item:
File Description SizeFormat 
721507.pdf1.28 MBAdobe PDFView/Open

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.