Tax Incentives,New Quality Productive Forces,and the Transformation and Upgrading of Manufacturing Enterprises
As the cornerstone of a powerful nation,the transformation and upgrading of manufacturing enterprises are of immense significance in bolstering national economic strength,fostering a modern industrial system,and promoting sus-tainable development.Drawing upon the theoretical frameworks of productivity theory and endogenous growth theory,this paper empirically investigates the correlation and causal effects among tax incentives,new quality productive forces,and the transformation and upgrading of manufacturing enterprises,leveraging panel data from listed Chinese manufacturing firms spanning the period from 2010 to 2023.The empirical findings demonstrate that both the implementation of effective tax incentive policies and the development of new quality productive forces significantly contribute to advancing the trans-formation and upgrading of manufacturing enterprises.In this context,tax incentives function as a"booster",effectively stimulating the innovation potential and vitality of manufacturing enterprises.Meanwhile,new quality productive forces serve as an"internal core driver",accelerating the pace of transformation and upgrading.Notably,these two factors ex-hibit a significant synergistic effect.Furthermore,our analysis suggests that new quality productive forces demonstrate stronger advantages in driving the transformation and upgrading of state-owned manufacturing enterprises,whereas tax in-centive policies exhibit a more pronounced facilitating effect on private enterprises.This study provides valuable insights for policymakers in formulating development strategies aimed at nurturing a manufacturing powerhouse and advancing new tax and fee reforms.
tax incentivesnew quality productive forcesmanufacturing enterprisesenterprise transformation and up-grading
万方数据
维普
