服务化水平、实际税负与营改增政策的财富效应——基于微观层面的经验证据

摘要

文章从微观视角出发,构建双重差分模型,检验营改增政策对试点企业实际税负和绩效水平形成的经济后果,以及试点企业的服务化水平对上述关系的影响.研究发现,第一,营改增政策有助于降低试点企业整体实际税负;第二,营改增政策实施后,试点企业的实际税负降低使得企业绩效水平提升,实现国家与企业之间的财富转移效应;第三,试点企业服务化水平越高,营改增政策降低企业实际税负,进而促进企业绩效提升的效果更加明显,即营改增政策实现的财富效应更强.进一步检验发现,营改增政策有助于促使试点企业改善经营效率,提高自身财富创造能力,增强营改增政策的财富创造效应.%Based on microcosmic perspective,the research uses the double difference model to examine the effect of the replacing business tax with value added tax policy on the tax burden and performance service of the service firms,also the impact of service levels of the firms on the above relationship.We find that the replacing business tax with value added tax policy helps to reduce actual tax burden of firms and improve the firm performance.And with the service level of the firms increasing,the degree of the tax burden reduced and the performance increased grows.Further,we find that the replacing business tax with value added tax policy helps the service firms to improve operational efficiency,and achieve the effect of value creation.