Table I. Summary description of... | Emerald Publishing

Table I.

Summary description of variables

Variable name	Definition
TB	Tax burden rate = total tax revenue/GDP (all countries ($) for 1993-2016)
GDPpc	Gross domestic product per capita (all countries for 1993-2016)
EXIM	Openness = (export spending + import spending)/GDP (all countries for 1993-2016)
laborforce	Annual statistics of the labor force (all countries for 1993-2016)
unemp	Annual statistics of the unemployment rate (all countries for 1993-2016)
factory	Factory share = the share of industrial sector on GDP (all countries for 1993-2016)
lnTB	Logarithm of tax burden rate
lnGDPpc	Logarithm of gross domestic product per capita
lnEXIM	Logarithm of openness
lnlaborforce	Logarithm of the labor force
lnunemp	Logarithm of the unemployment rate
lnfactory	Logarithm of factory share

Variable name	Definition
TB	Tax burden rate = total tax revenue/GDP(all countries ($) for 1993-2016)
GDPpc	Gross domestic product per capita(all countries for 1993-2016)
EXIM	Openness = (export spending + import spending)/GDP(all countries for 1993-2016)
laborforce	Annual statistics of the labor force(all countries for 1993-2016)
unemp	Annual statistics of the unemployment rate(all countries for 1993-2016)
factory	Factory share = the share of industrial sector on GDP(all countries for 1993-2016)
lnTB	Logarithm of tax burden rate
lnGDPpc	Logarithm of gross domestic product per capita
lnEXIM	Logarithm of openness
lnlaborforce	Logarithm of the labor force
lnunemp	Logarithm of the unemployment rate
lnfactory	Logarithm of factory share

Source: Author’s estimation