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Middle class miracle : the Internet’s role in Brazil’s growing class C

by Pimenta, Mariana Dias Rabelo

Abstract

Brazil’s economic growth has significantly increased the size of its’ middle class, also called class C. Among, the many factors that are allowing this phenomenon to happen, the Internet is relevant since it opens doors and gives new opportunities to a group that for decades have been in the outskirts of society. There is extensive literature that links the Internet to growth and development. The Solow Growth Model supports this idea since technological change spurs growth to a new steady-state, allowing higher purchase power and better living standards. Due to the nature of the model causality problems were a possibility. Hence, the current study utilized the Structural Equation Modeling (SEM) adapted from Roeller and Waverman’s study to solve for endogeneity.

Note

Includes bibliographical references.

Administrative Notes

None

Copyright
Copyright restrictions apply.
Publisher
Colorado College
PID
coccc:5787
Digital Origin
born digital
Extent
60 pages : illustrations (some color), color map
Thesis
Senior Thesis -- Colorado College
Thesis Advisor
Johnson, Daniel
Department/Program
Economics and Business
Degree Name
bachelor
Degree Type
Bachelor of Arts
Degree Grantor
Colorado College
Date Issued
2012