Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)

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Could Replacement of Business Tax with VAT Improve Total Factor Productivity

Empirical Evidence Based on Data Mining and Text Analysis

Authors
Hao Li1, Siyuan Hong1, *
1SILC Business School, Shanghai University, 20 ChengZhong Road, Shanghai, China
*Corresponding author. Email: 987016010@qq.com
Corresponding Author
Siyuan Hong
Available Online 20 December 2022.
DOI
10.2991/978-94-6463-030-5_128How to use a DOI?
Keywords
Tax Reform; Vat; Tfp; R&D Input; Text Analysis
Abstract

In response to the call of “Internet + Taxation”, the construction of the Comprehensive VAT Invoice Service Platform has boosted the modernization and informatization of fiscal and taxation management, which played an important role in “the Replacement of Business Tax with Value Added Tax” (RBTVAT) Based on the quasi-natural experimental event of RBTVAT, this paper adopts the text analysis method, using Perl and the “jieba” library in Python to collect and process data, then using the difference-difference model to study the impact of RBTVAT on the total factor productivity (TFP) of Chinese A-share listed companies. The research results show that RBTVAT significantly improves the TFP of enterprises. This paper also confirms that increasing investment in R&D is an impact mechanism of RBTVAT to improve the TFP of enterprises.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)
Series
Atlantis Highlights in Intelligent Systems
Publication Date
20 December 2022
ISBN
10.2991/978-94-6463-030-5_128
ISSN
2589-4919
DOI
10.2991/978-94-6463-030-5_128How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Hao Li
AU  - Siyuan Hong
PY  - 2022
DA  - 2022/12/20
TI  - Could Replacement of Business Tax with VAT Improve Total Factor Productivity
BT  - Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)
PB  - Atlantis Press
SP  - 1287
EP  - 1296
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-030-5_128
DO  - 10.2991/978-94-6463-030-5_128
ID  - Li2022
ER  -