Economic Factors and the Electoral Success of Far-right and Far-left Parties in the EU Countries

Jitka Doležalová (), Vlastimil Havlík, Antonín Slaný and Petra Vejvodová
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Jitka Doležalová: Faculty of Economics and Administration, Masaryk University, Brno, Czech Republic
Vlastimil Havlík: Faculty of Social Studies, Masaryk University, Brno, Czech Republic
Antonín Slaný: Faculty of Economics and Administration, Masaryk University, Brno, Czech Republic
Petra Vejvodová: Faculty of Social Studies, Masaryk University, Brno, Czech Republic

Society and Economy, 2017, vol. 39, issue 1, 27-48

Abstract: The recent electoral success of far-right and far-left parties is often considered to be a side-effect of the economic crisis. This article aims to determine the degree to which the downturn in economic performance helped to increase the vote share of these parties. The research includes a set of 23 EU member states from the period 1995 to 2012, and finds that poor economic performance significantly determined the vote share of the far-left. Among the indicators influencing the far-left electorate were mainly changes in the GDP and unemployment rate. The research does not find any correlation between the far-rights vote share and the development of macroeconomic indicators.

Keywords: economic growth; election; far-left party; far-right party; inflation; unemployment (search for similar items in EconPapers)
JEL-codes: E62 J60 O40 P16 (search for similar items in EconPapers)
Date: 2017
Note: This research was financed by Grant Agency of Masaryk University as a part of the project Determinants of Growth of Extremism and Populism in Time of Economic Crisis (MUNI/M/1748/2014).
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