增值税还是企业所得税促进了固定资产投资——基于东北三省税收政策的研究

发布时间：2018-02-27 05:08

本文关键词： 固定资产投资企业所得税加速折旧增值税转型企业绩效　出处：《财贸经济》2017年06期 　论文类型：期刊论文

【摘要】：本文使用1998-2006年中国工业企业数据库的面板数据,运用三重差分法研究了2004年在东北三省实行的企业所得税加速折旧和增值税转型政策对企业固定资产投资的影响。通过对不同税收政策下固定资产的计价、进项税抵扣以及所得税税前扣除方法的分析,研究了不同税种政策的交叉效应,并进一步从企业绩效角度探讨了税收政策的长期效应。本文的实证结果发现:所得税加速折旧政策显著促进了企业的固定资产投资,而增值税政策由于其价外核算的性质和增量退税政策标准等问题,不仅未能促进固定资产投资,反而减弱了所得税政策的效果。长期而言,仅靠税收政策刺激企业的固定资产投资无法有效提升企业绩效,会导致企业缺乏内在增长动力,出现投资过热。
[Abstract]:This paper uses panel data of China Industrial Enterprise Database from 1998 to 2006. This paper studies the influence of enterprise income tax accelerated depreciation and value-added tax transformation policy on enterprise fixed asset investment in the three Northeast provinces in 2004 by using the triple difference method. The valuation of fixed assets under different tax policies is carried out. By analyzing the methods of income tax deduction and income tax deduction before tax, this paper studies the cross effect of different tax policies. The paper also discusses the long-term effect of tax policy from the perspective of enterprise performance. The empirical results of this paper show that the accelerated depreciation policy of income tax significantly promotes the fixed asset investment of enterprises. However, the VAT policy, due to the nature of its out-of-price accounting and the standard of incremental tax rebate policy, has not only failed to promote investment in fixed assets, but also weakened the effect of the income tax policy. In the long run, Only relying on the tax policy to stimulate the fixed assets investment of enterprises can not effectively improve the performance of enterprises, which will lead to the lack of internal growth power and overheating of investment.
【作者单位】：北京大学经济学院财政学系;北京大学经济学院;中央财经大学中国财政发展协同创新中心;
【基金】：中央财经大学2016年度青年教师发展基金“税收政策对企业行为影响研究”(QJJ1636)
【分类号】：F812.42

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