上财城市与区域科学学院/财经研究所Seminar(2020年秋季学期第4期)

时间:2020-11-18浏览:10设置

【主  题】The short-run effect of a local fiscal squeeze on pollution abatement expenditure: evidence from China’s VAT pilot program

【报告人】彭飞(合肥工业大学经济学院副教授)

【时  间】20201120日(星期五)9:30-11:00

【地  点】线上,会议链接:https://zoom.com.cn/j/96149623596

会议密码:201120 

会议室时间:09:00~12:00


【主持人】范美婷助理研究员

【报告摘要】

Introduced in 2012, China’s VAT (value-added tax) pilot program gradually eliminated business tax and replaced it with VAT. It creates a large fiscal squeeze for local government since 75% of its revenue goes to the central government. Employing a difference-in-differences (DD) estimator with continuous treatment intensity, we find that this fiscal squeeze has a negative effect on pollution abatement expenditure. Moreover, private firms in the eastern region are less responsive to this shock than those in the rest of China. We also find that, this effect is smaller in magnitude if the firm owner is younger, more educated or has industrial and political connections than their respective counterparts. This pilot program crowds out more pollution abatement expenditure in regions with higher fiscal stress, looser environmental regulation, and lower pollution abatement costs. Further exploration shows that, in response to this fiscal squeeze, local government adopts several tools to compensate for the revenue loss, including increasing tax enforcement and loosening environmental regulation.

【报告人简介】

彭飞,经济学博士,合肥工业大学经济学院副教授、硕士生导师,主要从事财税理论和环境财政的评估研究工作,获得副国级领导批示1项,主持国家自然科学基金项目和中央高校基本科研业务费专项资金项目。研究成果刊发于《经济研究》(3篇)、《经济学(季刊)》、《世界经济》、《数量经济技术经济研究》、《经济学动态》等权威学术期刊。兼任《经济研究》、《管理世界》、《经济学(季刊)》、《世界经济》、《财贸经济》、《财经研究》、《财政研究》等期刊审稿专家。曾获得张培刚发展经济学优秀博士论文奖、香樟经济学优秀论文奖和全国税收学术研究优秀成果奖一等奖等。


 

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