摘要
“营改增”的政策目标不仅在于减轻企业税负,而且在于瞄准经济转型升级,助力创新驱动。本文选择基于模糊断点回归的自然实验方法,采集1988-2015年147家上市公司的微观数据,分析“营改增”影响企业创新行为的机制和效应。研究发现,相较于倍差法,模糊断点回归能够更加精准地识别逐步试点政策对企业创新行为的差异化影响。“营改增”政策的实施使得企业专利申请数量出现明显断点,并且在提升创新数量的同时,更有利于企业创新质量的提高。民营企业、东部地区企业和竞争性行业企业的创新行为对“营改增”反应更为敏锐。
"Business Tax Replaced with VAT Reform" does not only aimed to tax cuts, but also focused on upgrading economy and enhancing innovation level. This paper analyzed mechanism and effect of"Business Tax Replaced with VAT Reform"on firms’ innovation by using Fuzzy Regression Discontinuity(FRD) Approach and micro-level data of 147 listed companies from 1988-2015. The results show that, compared with DID, FRD can identify effect of pilot policy on firms’ differential innovation more accurately, and the policy implementing leaded to a distinct discontinuity of the number of patent application, means that this policy increased the number of innovation. Furthermore,these results also imply the policy can improve the quality of innovation. In the end, this research found private enterprises,the enterprises in competitive market and the enterprises in east of China are more sensitive to the policy than other enterprises.
作者
师博
张瀚禹
Shi Bo;Zhang Hanyu
出处
《财经科学》
CSSCI
北大核心
2018年第11期51-60,共10页
Finance & Economics
基金
国家社科基金重大项目“新常态下地方经济增长质量和效益的预警监测系统和政策支撑体系构建研究”体制(15ZDA012)
教育部人文社科基金项目“新常态下中国经济增长数量和质量多维互动机制研究”(17XJA90004)
西北大学仲英青年学者项目
关键词
"营改增"
创新质量
自然实验
政策识别
Business Tax Replaced with VAT Reform
Quality of Innovation
Natural Experiment
Policy Identity
