Table B2: The Effect of Different Measures of Openness
on Ln(Gross Wage)
|
Warwick (I)_____________________ |
Chinn-Ito (II)____________________ |
(exports+imports)/gdp (III)__________________________ | |
|
Marginal Corporate Tax Rate |
-0.9129 *** |
0.2526 |
-0.7136 ** |
|
(.342) |
(.845) |
(.364) | |
|
Openness |
-2.1977 *** |
-0.2911 * |
-1.3769 *** |
|
(.335) |
(.177) |
(.384) | |
|
(Open - Mean Open)*Corp. Tax |
4.659 *** |
0.8503 * |
2.697 ** |
|
(.913) |
(.467) |
(1.06) | |
|
Low Education |
-0.7411 *** |
-0.729 *** |
-0.7421 *** |
|
(.166) |
(.175) |
(.164) | |
|
Middle Education |
-0.3382 *** |
-0.3053 *** |
-0.3398 *** |
|
(.038) |
(.031) |
(.039) | |
|
Age |
-0.0625 |
0.1929 |
-0.0915 |
|
(.374) |
(.359) |
(.397) | |
|
Age-Squared |
0.0014 |
-0.0017 |
0.0018 |
|
(.005) |
(.005) |
(.005) | |
|
Male |
0.1222 |
-0.1063 |
0.1072 |
|
(.209) |
(.284) |
(.192) | |
|
Ln(GDP per Capita) |
0.8903 *** |
0.685 |
0.9894 *** |
|
(.124) |
(.120) |
(.107) | |
|
Year |
-0.0168 *** |
-0.0174 ** |
-0.0177 *** |
|
(.004) |
(.009) |
(.004) | |
|
Constant |
36.083 |
34.142 * |
37.865 *** |
|
(11.198) |
(18.438) |
(12.105) | |
|
R-Squared |
0.7838 |
0.6506 |
0.7707 |
|
N________________________ |
_______189________ |
___________174________ |
___________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.
45
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