TY  - GEN
AU  - Beverinotti, Javier
AU  - Canavire-Bacarreza, Gustavo
AU  - Puerta, Alejandro
TI  - Understanding the Growth of the Middle Class in Bolivia
PY  - 2021
Y1  - 2021/07/21
DO  - 10.18235/0003407
AB  - 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.
UR  - https://doi.org/10.18235/0003407
ER  -