Affiliation:
1. Department of Applied Economics, Public Economics and Political Economy, Faculty of Law, Complutense University Madrid, Madrid, Spain
2. Department of Social Sciences, University Carlos III Madrid, Madrid, Spain
Abstract
This article empirically investigates the impact of globalization on voting behavior. Specifically, combining individual-level data from the first nine waves of the European Social Survey, party-level information from the Comparative Manifesto Project, and country-level data from Eurostat, we study the individual determinants of the vote for trade protectionist parties. Our findings show, firstly, that protectionist parties mainly receive electoral support from less-educated voters, unemployed individuals, and members of labor unions. Secondly, we test the compensation principle using a macro measure of a country's compensation potential and find, contrary to expectations, no significant evidence that a greater potential to mitigate the labor market adjustment costs resulting from economic openness deters the propensity to vote for protectionist parties in national elections.