Please use this identifier to cite or link to this item:
https://hdl.handle.net/2445/186328
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) Depressions 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: https://doi.org/10.1177/00104140211047415 |
It is part of: | Comparative Political Studies, 2022, vol. 55, num. 7, p. 1095-1129 |
URI: | https://hdl.handle.net/2445/186328 |
Related resource: | https://doi.org/10.1177/00104140211047415 |
ISSN: | 0010-4140 |
Appears in Collections: | Articles publicats en revistes (Economia) |
Files in This Item:
File | Description | Size | Format | |
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721507.pdf | 1.28 MB | Adobe PDF | View/Open |
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