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Neighbors and friends: How do European political parties respond to globalization?
Institution:1. ITAM, Mexico;2. Princeton University, USA;1. Baugh Center for Entrepreneurship & Free Enterprise, Baylor University, USA;2. Department of Economics, Clemson University, USA;1. Wake Forest University, USA;2. Saint Louis University, USA
Abstract:This paper explores the relationship between globalization and party positions accounting for potential differences between left- and right-wing parties. The analysis is based on a panel model of 36 political parties in 18 Western European countries between 1970 and 2015. We find that right-wing parties move leftward in response to globalization, while left-wing parties do not alter their position. Additionally, we find that ideological party positions are affected by foreign parties’ positions of the same ideological bloc. These findings indicate that there is a convergence towards the left of the political spectrum due to right-wing party moderation.
Keywords:Party's position  Globalization  Partisan politics  Panel data  H5  F15
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