The impact of environmental protection tax law on corporate innovation

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-09-25 DOI:10.1016/j.frl.2025.108534

Jiayin Liu

引用次数: 0

Abstract

This paper examines the intrinsic relationship between environmental protection tax and corporate innovation. Employing a difference-in-differences approach complemented by case study analysis, we systematically investigate how environmental tax policies affect innovation behaviors across different firm types. The results demonstrate that environmental protection tax significantly promotes corporate innovation. The tax reform stimulates innovation output by enhancing firms' ESG performance, with state-owned enterprises and large firms exhibiting more pronounced innovation responses. These findings provide empirical evidence for policymakers to refine environmental taxation systems.

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环境保护税法对企业创新的影响

本文考察了环境保护税与企业创新之间的内在关系。采用差异中的差异方法，辅以案例分析，我们系统地研究了环境税收政策如何影响不同企业类型的创新行为。结果表明，环境保护税对企业创新具有显著的促进作用。税制改革通过提高企业ESG绩效来刺激创新产出，国有企业和大型企业表现出更明显的创新反应。这些发现为政策制定者完善环境税收制度提供了经验证据。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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