Passing the burden: corporate tax incidence in open economies



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



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