Research on Impact of New Large-scale Tax and Fee Reduction on Total Factor Productivity of Enterprises: A Case Study of NEEQ Enterprises
Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v5i6.3368
Abstract
In order to evaluate the policy effect of a new round of large-scale tax reduction and fee reduction reasonably, this paper takes the relevant financial data of listed enterprises on the New Third Board from 2015 to 2023 as sample data, constructs a panel breakpoint regression model, and calculates its policy processing effect on enterprise TFP. The results show that the implementation of a new round of large-scale tax reduction and fee reduction in 2019, and that the average total factor productivity of enterprises has increased by about 1.1%
Keywords
tax and fee reduction, total factor productivity, NEEQ enterprises, enterprises
Full Text
PDF - Viewed/Downloaded: 0 TimesReferences
[1] Berger P G.“Explicit and implicit tax effects of the R&D tax credit”[J].Journal ofaccounting research,1993,31(2):131-171.
[2] Cai J,Chen Y,Wang X.“The impact of corporate taxes on firm innovation:Evidence fromthe corporate tax collection reform in China”[R].National Bureau of Economic Research.
[3] Hsieh,C. T.,Klenow,P. J.“Misallocation and manufacturing TFP in China and India”[J].The Quarterly journal of economics,2009,124(4):1403-1448.
[4] Kasahara H,Shimotsu K,Suzuki M.“Does an R&D tax credit affect R&D expenditure? The Japanese R&D tax credit reform in 2003”[J].Journal of the Japanese and International Economies,2014,31:72-97.
[5] Zhao Renjie, Fan Ziying. Tax substitution: VAT reduction, non-tax revenue collection and management and enterprise investment [J].Financial Research,2021(01):71-90. (in Chinese)
[2] Cai J,Chen Y,Wang X.“The impact of corporate taxes on firm innovation:Evidence fromthe corporate tax collection reform in China”[R].National Bureau of Economic Research.
[3] Hsieh,C. T.,Klenow,P. J.“Misallocation and manufacturing TFP in China and India”[J].The Quarterly journal of economics,2009,124(4):1403-1448.
[4] Kasahara H,Shimotsu K,Suzuki M.“Does an R&D tax credit affect R&D expenditure? The Japanese R&D tax credit reform in 2003”[J].Journal of the Japanese and International Economies,2014,31:72-97.
[5] Zhao Renjie, Fan Ziying. Tax substitution: VAT reduction, non-tax revenue collection and management and enterprise investment [J].Financial Research,2021(01):71-90. (in Chinese)
Copyright © 2025 Jingqing Ma
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
