The index ranges from 0-10 where 0 corresponds to large general government consumption'',large transfer sector'', many government enterprises'', andhigh marginal tax rates and low income thresholds'', and 10 to small general government consumption'',small transfer sector'', few government enterprises'', andlow marginal tax rates and high income thresholds''. The index consists of the following indicators: General government consumption spending as a percentage of total consumption, Transfers and subsidies as a percentage of GDP, Government enterprises and investment as a percentage of total investment, Top marginal tax rate (and income threshold to which it applies). Panel-data adjusted.
Type of variable: Continuous
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