2min chapter

Pekingology cover image

Capital Mobility and Taxation

Pekingology

CHAPTER

What Data Do You Use for the Traditional Story?

The common data usually used for the traditional story, when testing o the so called hypothesis er a ten to be quass a country. That means that they tend to be at a macerel level, where each country is just one data point, a name. We have about a hundred, 96 countries in the world, but still is not too large a number. But still, it's at a macro leve its not at the micro firm level. So it doesn't hold constant. Many other intervening factors we don't know. One of those, of course, being regime type or political system,. Right? comparing average tax rate in the united states to a tax rate in venezuela

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