| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16886 |
| DP16886 How Distortive are Turnover Taxes? Evidence from Replacing Turnover Tax with VAT | |
| Katarzyna Bilicka; Jing Xing; Xipei Hou | |
| 发表日期 | 2022-01-11 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | In this paper, we investigate distortions created by turnover taxes. As a natural experiment, we explore a reform that replaced turnover taxes with value-added taxes for some service industries in China, while the taxation of manufacturing industries remained unchanged. The reform increased sales, R&D investment, and employment for affected service firms, which is primarily driven by outsourcing from downstream manufacturing firms. We document that smaller and less innovative manufacturing firms outsource more, and reallocation increases the quality of innovation for affected service firms. Our study provides new evidence on the negative impact of turnover taxes imposed on business inputs. |
| 主题 | Public Economics |
| 关键词 | Turnover tax Value-added tax Outsourcing R\&d investment |
| URL | https://cepr.org/publications/dp16886 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545813 |
| 推荐引用方式 GB/T 7714 | Katarzyna Bilicka,Jing Xing,Xipei Hou. DP16886 How Distortive are Turnover Taxes? Evidence from Replacing Turnover Tax with VAT. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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