Replication data for: How Do Tax Incentives Affect Investment and Productivity? Firm-Level Evidence from China
Principal Investigator(s): View help for Principal Investigator(s) Yongzheng Liu; Jie Mao
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
|---|---|---|---|
| data1 | 12/07/2019 04:22:PM | ||
|
|
text/plain | 14.6 KB | 12/07/2019 11:22:AM |
Project Citation:
Liu, Yongzheng, and Mao, Jie. Replication data for: How Do Tax Incentives Affect Investment and Productivity? Firm-Level Evidence from China. Nashville, TN: American Economic Association [publisher], 2019. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-07. https://doi.org/10.3886/E116523V1
Project Description
Summary:
View help for Summary
China initiated a major reform for capital taxation in 2004. Completed in 2009, it introduced permanent tax incentives for firms' investment in fixed assets. We explore a unique firm-level dataset from years 2005–2012 and utilize a quasi-experimental design to test the impacts of the reform on firms' investment and productivity. We find that, on average, the reform raised investment and productivity of the treated firms relative to the control firms by 38.4 percent and 8.9 percent, respectively. We also show that the positive effects tend to be strengthened for firms with financial constraints.
Scope of Project
JEL Classification:
View help for JEL Classification
D24 Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
D25 Intertemporal Firm Choice: Investment, Capacity, and Financing
G31 Capital Budgeting; Fixed Investment and Inventory Studies; Capacity
H25 Business Taxes and Subsidies including sales and value-added (VAT)
O25 Industrial Policy
P31 Socialist Enterprises and Their Transitions
P35 Socialist Institutions and Their Transitions: Public Economics
D24 Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
D25 Intertemporal Firm Choice: Investment, Capacity, and Financing
G31 Capital Budgeting; Fixed Investment and Inventory Studies; Capacity
H25 Business Taxes and Subsidies including sales and value-added (VAT)
O25 Industrial Policy
P31 Socialist Enterprises and Their Transitions
P35 Socialist Institutions and Their Transitions: Public Economics
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.