Table 6: The Effect of the Average Corporate Tax Rate
Interacted with Openness on Ln(Annual Gross Wage)
|
(I)_________________________ |
(II) | |
|
Avg. Corporate Tax Rate |
-0.9235 *** |
-1.0346 *** |
|
(.212) |
(.228) | |
|
Openness |
-0.4411 ** |
-0.4347 ** |
|
(.211) |
(.216) | |
|
(Open-mean open)*Corp. Tax |
0.0213 |
-0.0991 |
|
(.542) |
(.583) | |
|
Low Education |
-0.7178 *** |
-0.6642 *** |
|
(.199) |
(.216) | |
|
Middle Education |
-0.3097 *** |
-0.2687 *** |
|
(.032) |
(.040) | |
|
Age |
0.0726 |
0.1363 |
|
(.353) |
(.422) | |
|
Age-Squared |
-0.0003 |
-0.001 |
|
(.005) |
(.006) | |
|
Male |
0.0314 |
-0.2256 |
|
(.264) |
(.278) | |
|
Ln(GDP per Capita) |
0.7749 |
0.7265 *** |
|
(.125) |
(.128) | |
|
Personal Tax Rate |
0.5553 | |
|
(.392) | ||
|
Year |
-0.0184 *** |
-0.0238 *** |
|
(.006) |
(.006) | |
|
Constant |
37.678 *** |
47.584 *** |
|
(12.968) |
(13.673) | |
|
R-Squared |
0.7576 |
0.8037 |
|
N________________________ |
________171___________ |
___________141 |
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.
35