中国的经验证据：启动 CBDC 是否会增加税收？

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2024-11-18 DOI:10.1016/j.frl.2024.106486

Muhammad Umar

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引用次数: 0

摘要

本研究探讨了央行数字货币（CBDC）的推出对税收的影响。本研究利用 2000 年至 2021 年期间中国各省的数据，探讨了央行数字货币试点对各省税收收入的影响。分析采用了差分估计方法。实证结果表明，与未开展试点的省份相比，试点省份采用 CBDC 带来了更高的税收收入。详细分析进一步表明，这种影响在较小的省份更为明显。此外，CBDC 的启动还对增值税、企业所得税和个人所得税的征收产生了积极影响。这些结果为 CBDC 对税收的影响提供了经验证据，并为政策制定者提供了重要启示。

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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Does CBDC launch increase tax collection? empirical evidence from China

This study explores the impact of the introduction of Central Bank Digital Currency (CBDC) on tax collection. Using data from Chinese provinces between 2000 and 2021, it examines how the pilot launch of CBDC has influenced provincial tax revenues. A difference-in-differences estimation method is employed for the analysis. The empirical findings show that the adoption of CBDC in pilot provinces has led to higher tax collection compared to those that did not implement the pilot. A detailed analysis further reveals that this impact is more pronounced in smaller provinces. Furthermore, the CBDC launch has positively impacted on the collection of value-added tax (VAT), corporate income tax, and personal income taxes. These results provide empirical evidence of the CBDC's effect on tax collection and offer important insights for policymakers.

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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

期刊介绍： Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance