摘要
以2012-2021年沪深A股上市公司为样本数据,实证研究了减税降费对企业高质量发展的影响以及作用机制。研究发现,减费降税政策能显著提高企业的全要素生产率。通过一系列稳健性检验,结果依然合理。进一步的机理分析表明,减税降费政策能够缓解融资约束、扩大规模效应,进而推动企业高质量发展。减税降费对企业高质量发展的推动效果会受到所处地区的影响。研究结论进一步阐明了减税降费政策对全要素生产率的作用机理,有助于评估减税降费的政策效应,并为政府部门制定提升企业全要素生产率的相关政策提供理论依据。
Taking the A-share listed companies in Shanghai and Shenzhen from 2012 to 2021 as sample data,the impact and mechanism of tax and fee reduction on the high-quality development of enterprises are empirically studied.It is found that the fee reduction and tax reduction policy can significantly improve the total factor productivity of enterprises.After a series of robustness tests,the results are still reasonable.Further mechanism analysis shows that the tax and fee reduction policy can alleviate financing constraints,expand scale effects,and promote the high-quality development of enterprises.The effect of tax and fee reduction on the high-quality development of enterprises will be affected by the region.The research conclusion further clarifies the mechanism of tax and fee reduction policies on total factor productivity,helps to evaluate the policy effect of tax and fee reduction,and provides a theoretical basis for government departments to formulate relevant policies to improve total factor productivity of enterprises.
作者
王月晗
Wang Yuehan(School of Economics,Gansu University of Political Science and Law,Lanzhou 730070,China)
出处
《科技创业月刊》
2023年第7期103-107,共5页
Journal of Entrepreneurship in Science & Technology
关键词
减税降费
高质量发展
融资约束
企业规模
Cut Taxes and Fees
High-Quality Development
Financing Constraint
Enterprise Scale
