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| dc.title | Understanding the Growth of the Middle Class in Bolivia |
| dc.contributor.author | Beverinotti, Javier |
| dc.contributor.author | Canavire-Bacarreza, Gustavo |
| dc.contributor.author | Puerta, Alejandro |
| dc.contributor.orgunit | Country Department Andean Group |
| dc.coverage | Bolivia |
| dc.date.available | 2021-07-21T00:00:00 |
| dc.date.issue | 2021-07-21T00:00:00 |
| dc.description.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. |
| dc.format.extent | 21 |
| dc.identifier.doi | http://dx.doi.org/10.18235/0003407 |
| dc.identifier.url | https://publications.iadb.org/publications/english/document/Understanding-the-Growth-of-the-Middle-Class-in-Bolivia.pdf |
| dc.language.iso | en |
| dc.medium | Adobe PDF |
| dc.publisher | Inter-American Development Bank |
| dc.subject | Poverty |
| dc.subject | Poverty Reduction |
| dc.subject | Economic Development |
| dc.subject | Informal Labor |
| dc.subject | Economic Expansion |
| dc.subject | Middle Class |
| dc.subject.jelcode | C23 - Panel Data Models • Spatio-temporal Models |
| dc.subject.jelcode | D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement |
| dc.subject.jelcode | O41 - One, Two, and Multisector Growth Models |
| dc.subject.jelcode | I32 - Measurement and Analysis of Poverty |
| dc.subject.keywords | economic growth;Informality;middle class |
| dc.type | Working Papers |
| idb.identifier.pubnumber | IDB-WP-01216 |
| idb.operation | RG-T3253 |