Fiscal revenue target restriction of local government and the enterprises'technology complexity
Based on the target responsibility system of fiscal revenue collection and management of lo-cal governments in China,this paper examines the impact mechanism of local government fiscal revenue tar-get constraints on enterprise technology complexity,and empirically analyzes the impact effect by combining the local government fiscal revenue target data and the technology complexity data of industrial enterprise.It is found that the fiscal revenue target constraint of the local government is not conducive to the improvement of the technological complexity of enterprises.Its internal mechanism is that the fiscal revenue target con-straint of the local government increases the tax burden of enterprises,"crowding out"the research and de-velopment of complex technologies by enterprises.However,the regional market competition caused by the constraint of local government fiscal revenue target has not effectively improved the technological complexity of enterprises.The further research results show that the lower-level government's"imposing at every lev-el"on the fiscal revenue target of the higher-level government is also not conducive to the improvement of the technical complexity of enterprises.The impact of local government fiscal revenue target on the techno-logical complexity of enterprises is also different due to property rights,scale,technology intensive and re-gional characteristics.
local government fiscal revenue targetenterprise technology complexityescape from competitiontax burden
万方数据
维普
