Table 5: The Effect of the Corporate Tax Rate Interacted
_____with Openness on Ln(Annual Gross Wage)_____
|
(I)_________________________ |
(II)________________________ |
(III) | |
|
Marginal Corporate Tax Rate |
-0.7136 ** |
-1.1317 ** |
-1.2308 ** |
|
(.364) |
(.518) |
(.500) | |
|
Openness |
-1.3769 *** |
-1.0543 ** |
-1.2622 *** |
|
(.384) |
(.461) |
(.295) | |
|
(Open-mean open)*Corp. Tax |
2.6970 ** |
2.4013 * |
0.3481 |
|
(1.06) |
(1.381) |
(1.10) | |
|
Low Education |
-0.7421 *** |
-0.6915 *** |
-0.8007 *** |
|
(.164) |
(.196) |
(.160) | |
|
Middle Education |
-0.3398 *** |
-0.2935 *** |
-0.3273 *** |
|
(.039) |
(.051) |
(.038) | |
|
Age |
-0.0915 |
0.1040 |
-0.2033 |
|
(.397) |
(.440) |
(.358) | |
|
Age-Squared |
0.0018 |
-0.0006 |
0.0035 |
|
(.005) |
(.006) |
(.005) | |
|
Male |
0.1072 |
-0.2515 |
0.0417 |
|
(.192) |
(.272) |
(.248) | |
|
Ln(GDP per Capita) |
0.9894 *** |
0.6137 *** | |
|
(.107) |
(.126) | ||
|
Personal Tax Rate |
0.4993 | ||
|
(.4078) | |||
|
Year |
-0.0177 *** |
-0.0207 *** |
0.0069 |
|
(.004) |
(.005) |
(.005) | |
|
Constant |
37.8650 *** |
43.6425 *** |
0.1608 |
|
(12.105) |
(14.277) |
(13.952) | |
|
R-Squared |
0.7707 |
0.7877 |
0.0407 |
|
N________________________ |
_______195_________ |
__________159_________ |
__________195 |
Notes: All regressions include random effects and standard errors are clustered at the country
level. *, **, and *** indicate statistical significance at the 10%, 5% and 1% level, respectively.
34
More intriguing information
1. Income Mobility of Owners of Small Businesses when Boundaries between Occupations are Vague2. The problem of anglophone squint
3. Workforce or Workfare?
4. The name is absent
5. The name is absent
6. Estimating the Technology of Cognitive and Noncognitive Skill Formation
7. Errors in recorded security prices and the turn-of-the year effect
8. ‘Goodwill is not enough’
9. Work Rich, Time Poor? Time-Use of Women and Men in Ireland
10. Does Competition Increase Economic Efficiency in Swedish County Councils?