摘要
以出口退税、财政补贴影响企业出口的理论为基础,采用2016年全国税收调查数据和OLS估计法进行实证检验。研究发现:出口退税显著激励企业货物出口强度,而财政补贴显著激励企业服务出口强度;出口退税对加工贸易企业的货物出口激励效应比非加工贸易企业显著,财政补贴对非加工贸易企业的服务出口激励效应更显著;出口退税、财政补贴对自贸区企业的出口激励效应小于非自贸区企业;出口退税、财政补贴对东部企业、涉外企业的出口激励效应较大,私有企业次之,国有企业不显著甚至负效应;出口退税降低企业负债融资,而财政补贴增加企业股权融资,缓解出口的融资约束。
Based on the theory that export tax rebates and financial subsidies affect the export of enterprises,this paper uses 2016 national tax survey data and OLS estimation method to conduct empirical test.The results are shown as follows:First,export tax rebate significantly stimulates the export intensity of goods,while financial subsidies significantly stimulate the intensity of service export.Second,the incentive effect of export tax rebate on goods export of processing trade enterprises is more significant than that of non processing trade enterprises,and the incentive effect of financial subsidies on service export of non processing trade enterprises is more significant.Third,export tax rebate and financial subsidies have less incentive effect on enterprises in free trade zone than those in non free trade zone.Fourth,export tax rebates and financial subsidies have a greater incentive effect on exports from eastern enterprises and foreign-related enterprises,followed by private enterprises,while state-owned enterprises have no significant or even negative effects.Fifth,export tax rebate reduces corporate debt financing,while fiscal subsidies increase equity financing and alleviate the financing constraints of export.
作者
林小玲
陈明
LIN Xiaoling;CHEN Ming(School of Economics and Trade,Guangdong University of Finance,Guangzhou 510521,China)
出处
《南京审计大学学报》
CSSCI
北大核心
2020年第4期102-111,共10页
Journal of Nanjing Audit University
基金
广东省哲学社会科学“十三五”规划特别委托项目(GD19TW0210)
教育部人文社会科学基金项目(19YJC790011)。
关键词
出口退税
财政补贴
货物出口
服务出口
加工贸易
对外贸易
开放型经济
export tax rebate
financial subsidy
export of goods
services exports
processing trade
foreign trade
open economy
