Analysis of the impact of VAT reduction on investment efficiency

Siting Mo; Jingyao Su; Mengjie Gao

doi:10.47297/wspceWSP2516-251907.20230701

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Analysis of the impact of VAT reduction on investment efficiency

Volume 7, Issue 1

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Analysis of the impact of VAT reduction on investment efficiency
Analysis of the impact of VAT reduction on investment efficiency
Business School, Foshan University ,Foshan, Guangdong,, 528000, P.R.China
Vol. 7, Issue 1, Pages: 52-56(2023)
Published： 25 February 2023 ，
DOI：10.47297/wspceWSP2516-251907.20230701
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Mo Siting,Su Jingyao,Gao Mengjie.Analysis of the impact of VAT reduction on investment efficiency[J].Creative Economy,2023,07(01):52-56.
DOI：

Mo Siting,Su Jingyao,Gao Mengjie.Analysis of the impact of VAT reduction on investment efficiency[J].Creative Economy,2023,07(01):52-56. DOI： 10.47297/wspceWSP2516-251907.20230701.

摘要

Abstract

This paper uses the difference-in-differences method to analyze the changes in the investment efficiency of companies affected by the policy before and after the VAT tax reduction policy. The results show that the VAT tax reduction policy not only effectively improves the investment efficiency of listed companies

but also has a more obvious effect on the improvement of over-investment.

关键词

Keywords

VAT reductionEfficiency of Investment

references

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