economy on election results. Governance crises seem to
make people less likely to base their voting decision on the
state of the economy (Singer, 2011b). Focusing only on the
conditional role of economic growth on the effect of
governance, one can dismiss an important aspect of the
interdependence between good governance and the economy.
Thus, this study examines both sides of this interaction,
taking also into account that these relationships can
vary across different levels of economic development.1
Before examining the three-way interaction between
economic growth, change in good governance, and economic
development, in Section 2 I consider shortly the
previous literature on good governance and its consequences
in electoral behavior. I also discuss why governance
is important in elections at the beginning of Section
3. A theoretical model of the interdependent effects of good
governance and economic conditions is proposed in subsection
3.1. The analysis in Section 4 presents the aggregate
level models of change in vote share, and the last section
discusses the results and concludes