An Empirical Test of the Impact of China's Tax Structure Optimization on the Provincial-level Economic Resilience
Exploring the influence mechanism and effects of tax structure optimization on provincial-level economic resilience is conducive to enhancing China's economic self-recovery and dynamic adjustment ability.Based on the panel data of 30 provincial-level regions in China from 2008 to 2021,this study measures provincial-level economic resilience index.From the perspective of tax structure optimization,it constructs the double fixed effect model,the systematic GMM model,the moderating effect and the threshold effect model to examine the influence of tax structure optimization on provincial-level economic resilience.The results show that:1)Optimizing the tax structure and increasing the proportion of direct tax can significantly enhance provincial-level economic resilience,while indirect tax weakens provincial-level economic resilience.2)Fiscal decentralization weakens the enhancement effect of tax structure on provincial-level economic resilience,while industrial structure adjustment significantly enhances the enhancement effect of tax structure optimization on provincial-level economic resilience.3)Further analysis shows that the enhancement effect of tax structure optimization on provincial-level economic resilience is heterogeneous in terms of tax competition,factor endowment,population structure and geographical location.4)Based on the perspective of economic development level,there is a significant double-threshold effect between the tax structure optimization and provincial-level economic resilience.The above findings have important policy implications for further enhancing provincial-level economic resilience,accelerating the construction of a new development pattern,and realizing the high-quality economic development.
tax structure optimizationeconomic resiliencehigh-quality developmentdirect and indirect taxesindustrial structure
NETL
NSTL
万方数据
