Public Finance in Transition Economies: How Competitive Are They?

Abstract:     
This paper examines relative tax burden of transition economies from a microeconomic perspective. It employs data from the Tax Misery Index and the Index of Economic Freedom to compare the tax burden of transition economies to that of more developed market economies. It then creates a hybrid index, which provides another, more representative look at relative tax burdens from an investor's perspective.

Number of Pages in PDF File: 32

Keywords: Public finance, transition economy, tax competition, foreign direct investment, transition economy, Eastern Europe, China, Russia, Ukraine

JEL Classification: D31, D63, F21, G15, H22, H24, H25, P52, O16, O2

working papers series