Passing the burden: corporate tax incidence in open economies



Table 2: Summary Statistics

______Mean_______

Std. Deviation

Observations

Gross Wage: Low Education

17,984.30

7424.78

67

Gross Wage: Middle Education

22,699.91

8685.39

67

Gross Wage: High Education

32,490.36

12770.67

67

Marginal Corporate Tax Rate

36.55%

0.0738

67

Average Corporate Tax Rate

26.83%

0.117

59

Openness: (Exports + Imports)/GDP

0.77

0.5058

67

Openness: Economic Globalisation Index

0.23

0.125

63

Openness: Chinn-Ito Financial Openness Index

1.67

1.18

58

GDP per Capita

19,222.44

8697.89

67

Unemployment Rate

8.14%

4.22

64

Personal Tax Rate

31.13%

12.49

165

Value-Added per Worker

10,415.64

4896.34

62

Consumer Price Index

80.36

21.66

65

Year___________________________________________

_____________1993.37

__________5.19

____________67

31



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