@misc{30556,
title = {Understanding the Growth of the Middle Class in Bolivia},
author = {Beverinotti, Javier and Canavire-Bacarreza, Gustavo and Puerta, Alejandro},
year = {2021},
doi = {10.18235/0003407},
abstract = {In this paper we aim to disentangle how sectoral economic growth affects the growth of the middle class size using state-level data of Bolivia from 2000 to 2017, a country with limited data, breaking the three main economic activities into subsectors aiming for more specific results. By means of a Bayesian hierarchical longitudinal model for small samples, we find that the commerce and services sectors have the biggest impact, even though mining and agriculture also have a positive effect on the increase of the middle class in Bolivia. Our results also suggest that both formality and public social investment have a significant, yet smaller, effect.},
url = {https://doi.org/10.18235/0003407}
}