Original scientific paper
https://doi.org/10.1080/1331677X.2022.2108100
Research on China’s fiscal and taxation policy of new energy vehicle industry technological innovation
Tong Yang
Ziwei Yuan
Chen Xing
Abstract
Technological innovation in the new energy vehicle industry is conducive
to the achievement of China’s major strategic goal of ‘carbon
peak and carbon neutrality’. This research involved an empirical
study on the relevant data of 14 listed new energy vehicle companies
from 2012 to 2019. It used the entropy weight method to
obtain the technological innovation index through the four indicators
of research and development (R&D) investment, fixed asset
investment, intangible assets, and patent application volume.
Taking fiscal subsidies and tax burdens as independent variables, a
fixed effect model was used to analyze the impact of fiscal and taxation
policies on technological innovation in the new energy vehicle
industry. The research results show that financial subsidies will
encourage new energy vehicle companies to carry out technological
innovation, the tax burden has no significant impact on the
technological innovation of new energy vehicle enterprises, the
scale and age of enterprises, as well as the proportion of R&D personnel
to the total number of employees, will all encourage new
energy vehicle companies to carry out technological innovation.
Based on this, we put forward specific suggestions on further
improving the fiscal subsidy and tax incentive policies.
Keywords
Entropy weight method; fiscal policy; new energy vehicles; technological innovation
Hrčak ID:
306643
URI
Publication date:
30.4.2023.
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