Development of the New Silk Road Economic Belt through the Harmonization of the Tax Burden on Production Factors in Russia and China: the Development of a Comparison Methodology

In the context of the transnational integration invocation and the appearance of new transnational associations, the problems of evaluating their macrolevel consequences are becoming especially topical. The lifting of international trade barriers, as is well known, stimulates the movement of goods, services, labor and capital; however, until the lifting, the main directions of this movement are unknown, especially in the context of production factors. Nevertheless, they can be predicted by comparison of implicit tax rates in the countries participating in the integration process. In consideration of the actualization of the plans on EAEC and the Silk Road Economic belt integration for Russia, an updated methodology based on E. Mendosas approach has been developed in the article for determining the tax burden on labor, capital and consumption in Russia and China.