Does Tax Incentives Matter to Enterprises’ Green Technology Innovation? The Mediating Role on R&D Investment

Sustainability, Journal Year: 2024, Volume and Issue: 16(14), P. 5902 - 5902

Published: July 11, 2024

This study focused on China’s A-share listed companies from 2017 to 2022, and concluded that tax incentives have a positive impact the performance of green technology innovation, value-added preferences are more effective than income preferences. Tax guide enterprises increase R&D investment, investment constitutes mechanism promote innovation. Non-state-owned benefit timely help incentives. Higher levels business environment in certain regions lead significant promoting effects Enterprises non-heavily polluting industries easily incentivized by preferential policies undertake innovations. The study’s findings aimed improve current achieve innovative development.

Language: Английский

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Does Local Government Debt Affect Corporate Innovation Quality? Evidence from China

Sustainability, Journal Year: 2025, Volume and Issue: 17(2), P. 550 - 550

Published: Jan. 13, 2025

This study investigates the impact of local government debt levels on behavior individual firms, which is crucial for understanding systemic risks associated with and fostering economic vitality. Using data from publicly listed companies Shanghai Shenzhen stock exchanges between 2013 2022, this empirically examines effect corporate innovation quality. The findings demonstrate that expansion has a significant negative remains robust across endogeneity tests multiple robustness checks. Channel analysis indicates as increases, subsidies procurement funding led toward firms’ decline, while both tax non-tax revenue demands indicated firm increases. resource reallocation contributes to observed decline in Further heterogeneity reveals regions lower intervention fiscal pressure exhibit smaller Finally, examining outcomes quality, resulting current expansion, significantly reduces total factor productivity value subsequent year, posing challenges sustainable development.

Language: Английский

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Scenario-Based Forecasting of the Impact of Tax Incentives on Green R&D in China’s Wind Power Industry in a Complex Network Environment

Sustainability, Journal Year: 2025, Volume and Issue: 17(4), P. 1560 - 1560

Published: Feb. 13, 2025

Due to the deteriorating ecological environment in recent years, many countries have introduced relevant policies support development of clean energy. This paper focuses on wind power generation as subject for examining green R&D diffusion. Many enterprises take advantage information asymmetry between them and government carry out fake research cheat taxes, resulting a large loss fiscal revenue state. The aim study is simulate different scenarios diffusion China’s energy industry under tax rates, incentives, penalties. results show that state’s ability increase penalties can inhibit firms’ behavior camouflaging R&D. Under current introduction quotas electricity market, coupled with strong penalties, real capability enterprises. government’s implementation zero incentives do not capabilities. effect more significant context market demand. suggests quota system encourage firms accelerate pace technological innovation, while strict regulatory necessary avoid policy abuse optimize resource allocation.

Language: Английский

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