The Rise of the Middle Class and Economic Growth in ASEAN

The Rise of the Middle Class and Economic Growth in ASEAN

We present instrumental variables estimates of the relationship between the share of income accruing to the middle class and GDP per capita. The increase in GDP per capita that ASEAN economies experienced during 1970–2010 significantly contributed to a higher share of income accruing to the middle c...

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Bibliographic Details
Main Authors: Brueckner, Markus, Dabla-Norris, Era, Gradstein, Mark, Lederman, Daniel
Format: Journal Article
Published: Elsevier 2018
Subjects:
INEQUALITY
ECONOMIC GROWTH
ASEAN
MIDDLE CLASS
Online Access:http://hdl.handle.net/10986/29296

Internet

http://hdl.handle.net/10986/29296

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