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

7卷第1期

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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
2023年7卷第1期页码：52-56
纸质出版日期： 2023-02-25 ，
DOI：10.47297/wspceWSP2516-251907.20230701
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(2023). Analysis of the impact of VAT reduction on investment efficiency. 创意经济（英文版）, 7(1), 52-56.

Mo Siting,Su Jingyao,Gao Mengjie.Analysis of the impact of VAT reduction on investment efficiency[J].Creative Economy,2023,07(01):52-56.
(2023). Analysis of the impact of VAT reduction on investment efficiency. 创意经济（英文版）, 7(1), 52-56. DOI： 10.47297/wspceWSP2516-251907.20230701.

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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