The role of middle class in economic development: what do cross-country data show?
Data(s) |
01/01/2016
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Resumo |
This paper investigates the channels through which the middle class may matter for consumption growth. Using several different middle-class measures and a panel of 105 developing countries spanning the period 1985-2013, we find that a larger middle class influences consumption growth primarily through higher levels of human capital accumulation. There is also a significant direct effect of middle-class size on consumption growth, which is more pronounced in the latter half of the sample, the 2000-2013 period. |
Identificador | |
Idioma(s) |
eng |
Publicador |
Wiley |
Relação |
http://dro.deakin.edu.au/eserv/DU:30084281/rahman-theroleofmiddle-inpress-2016.pdf http://www.dx.doi.org/10.1111/rode.12265 |
Direitos |
2016, Wiley |
Tipo |
Journal Article |