Tax incentives and environmental protection:Evidence from China’s taxpayer-level data

作     者：Mao Jie Wang Chunhua 

作者机构：School of International Trade and EconomicsUniversity of International Business and EconomicsChina 

出 版 物：《China Finance and Economic Review》 (中国财政与经济研究（英文）)

年 卷 期：2016年第5卷第4期

页      面：3-32页

学科分类：1002[医学-临床医学] 100214[医学-肿瘤学] 10[医学] 

基　　金：financial support from the National Natural Science Foundation of China(grant number:71573038) 

主　　题：tax incentives environmental protection China 

摘      要：Since 2008,China has provided ITC(investment tax credit)and TID(taxable income deduction)for firms who engage in investment or business related to reducing pollution emissions and saving *** paper examines both incidence and effects of these tax *** a unique panel dataset mainly from the NTSD(the National Tax Statistics Dataset of China)over 2007-2011,we find that they are generally not *** are the main beneficiaries,while regional characteristics have no impact on taxpayers’attitude to ITC or *** mechanism behind may be that the incentives hurt interests of firms and local *** effects on taxpayers’activities including capital,employment,and production are not remarkable,while growth of coal consumption significantly speeds *** findings are robust to multiple specifications of using different empirical strategies,samples and ***,the results indicate that the tax incentives do serve the purpose of protecting environment by restraining coal consumption in some specific group of firms who are affiliated to the central *** finding confirms a simple model established in the paper that emphasizes the importance of the government’executive power on tax policies,and relates to the literature finding that local support can remarkably boost the efficiency of tax incentives for environmental protection.