税收激励与企业数字化转型:来自中国加速折旧政策的证据

IF 2.9 3区 经济学 Q1 ECONOMICS Journal of Asian Economics Pub Date : 2024-10-16 DOI:10.1016/j.asieco.2024.101832
Qianbin Feng , Ying Ge , Lexin Zhao
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引用次数: 0

摘要

企业数字化转型是实现产业升级和可持续发展的重要途径。本研究利用中国的加速折旧政策作为准自然实验,探讨税收优惠政策对企业数字化转型的影响。利用 2010 年至 2019 年中国上市公司的面板数据,我们发现加速折旧政策通过企业投资和企业创新渠道显著促进了企业参与数字化实践。我们还发现,对于数字化水平较高的企业、财务约束较强的企业、非国有企业和位于华东地区的企业,政策效应更为明显。此外,我们还发现数字化转型与企业绩效之间存在正相关关系。我们的研究补充了有关数字化转型决定因素的文献,并就税收政策如何影响企业提高数字化水平的动机提供了见解。
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Tax incentives and corporate digital transformation: Evidence from China’s accelerated depreciation policy
Corporate digital transformation is a significant path for industrial upgrading and sustainable development. This study employs China’s accelerated depreciation (AD) policy as a quasi-natural experiment to explore the impacts of tax incentives on the digital transformation of enterprises. Using panel data of China’s listed companies from 2010 to 2019, we find that AD policy significantly promotes firms to engage in digitization practices through the channels of firm investment and firm innovation. We also find that the policy effects are more pronounced for firms with a higher level of digitization, firms with stronger financial constraints, non-state-owned enterprises, and firms located in East China. Moreover, we also present a positive relationship betweendigital transformation and firm performance. Our study supplements the literature on the determinants of digital transformation and provides insights into how tax policy shapes firms’ incentives to be more digitized.
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来源期刊
CiteScore
4.70
自引率
9.40%
发文量
90
期刊介绍: The Journal of Asian Economics provides a forum for publication of increasingly growing research in Asian economic studies and a unique forum for continental Asian economic studies with focus on (i) special studies in adaptive innovation paradigms in Asian economic regimes, (ii) studies relative to unique dimensions of Asian economic development paradigm, as they are investigated by researchers, (iii) comparative studies of development paradigms in other developing continents, Latin America and Africa, (iv) the emerging new pattern of comparative advantages between Asian countries and the United States and North America.
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