Effect of environmental tax reform on corporate green technology innovation

نویسندگان

چکیده

China has recently taken several measures to counter the environmental pollution caused by crude model of past economic development. Among them, taxation proved especially efficient. We take Environmental Protection Tax Law, implemented on 1 January 2018, as a quasi-natural experiment study effect protection tax reform corporate green technology innovation. analyze data Shanghai and Shenzhen A-share listed companies for 2013–2020. find that raising levy significantly promotes innovation among enterprises. The promotion is more significant in state-owned enterprises, heavily polluting eastern region. findings full sample subsample still hold after replacing explanatory variables stability testing. effects vary based property rights, geography, level industry pollution. Nevertheless, an effective initiative toward protection, even if complexity China’s environment reveals some variation this policy reform. make suggestions address these differences future studies.

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ژورنال

عنوان ژورنال: Frontiers in Environmental Science

سال: 2022

ISSN: ['2296-665X']

DOI: https://doi.org/10.3389/fenvs.2022.1036810