摘要
我国制造业增值税税负在各大行业中居于较高水平,制造业企业对增值税减税的获得感不强,增值税实际税负依然较重,增值税税负对制造业企业升级的"质"和"量"均存在一定的影响。本文基于2012~2018年我国A股上市公司面板数据,通过系统GMM模型的实证研究发现,增值税税负对企业升级的"质"和"量"产生了显著的抑制作用,这种抑制作用在中小企业体现得尤为明显。建议在制度设计和征收管理上对增值税进行改革,为助推制造业高质量发展提供财税制度保障。
China's manufacturing VAT tax rate is at a relatively high level among all major industries.Manufacturing enterprises do not enjoy much deduction of VAT tax,and the actual tax burden of VAT for manufacturing enterprisesis still relatively heavy.VAT taxation has a certain impact on both the“quality”and the“quantity”of enterprises’upgrading.Based on the panel data of China s A-share listed companies in 2012~2018,this paper finds that the VAT tax burden has a significant inhibitory effect onenterprises’innovation investment and return on assets,which is particularly obvious in small and medium-sized enterprises.It is recommended to reform the value-added tax in the system design and collection management to provide financial and taxation system guarantee for the high-quality development of the manufacturing industry.
作者
刘建民
唐红李
杨婷婷
LIU Jianmin;TANG Hongli;Yang Tingting(Hunan University of Finance and Economics,Changsha 410205,China;School of Economy and Trade,Hunan University,Changsha 410006,China;College of Management Science,Chengdu University of Technology,Chengdu 610059,China)
出处
《财经论丛》
CSSCI
北大核心
2020年第6期21-30,共10页
Collected Essays on Finance and Economics
基金
国家税务总局湖南省税务局科研项目。
作者简介
刘建民(1964-),男,湖南湘乡人,湖南财政经济学院教授、副院长,湖南大学经济与贸易学院博士生导师;唐红李(1988-),女,湖南东安人,湖南大学经济与贸易学院博士生,通讯作者:杨婷婷(1999-),女,四川自贡人,成都理工大学管理科学学院研究助理。
