Interessi economici, potere politico e rappresentanza parlamentare in Italia nel periodo 1948-2002
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The motivation of this paper is to propose a new interpretation of the relationship between economics
and politics in Italy: the main results are the following. Parties’ coalition power, as measured
by Shapley-Shubik index, helps to explain the governmental formation process, together with the power
of passing a law. We find that the president and the prime minister exercise a significant appointment
power: together with main parties’ secretaries and the Bank of Italy governor they represent
the restricted power e´lite. During the first republic the confirmation power in Parliament is high,
with a premium for the Christian Democratic Party: since 1994, with the second republic, the confirmation
power decreases and becomes more volatile. Parliamentary professional composition suggests
that the distance between political representation and electoral basis tends to increase and become
more polarized. Electoral vote is retrospective and takes the economic growth of the previous legislature
as the basic information
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