Study On Double Dividend Effect Of Environmental Protection Tax In China

Since the reform and opening up,China's economic strength has been continuously raised,which has also brought about environmental pollution problems.This not only poses a threat to the health of our residents,but also the development of China's economy has been severely constrained,in order to prevent further deterioration of our problems.A series of environmental protection measures were introduced.In 2007,the environmental protection tax was first proposed.After the National People's Congress Standing Committee voted in 2016,China's environmental protection tax will be officially levied on January 1,2018,which makes China's environmental protection tax system more perfect.In this research context,this paper studies the double dividend effect of environmental protection tax.First of all,theoretically define the concept of environmental protection tax in this paper.According to the "Environmental Protection Tax Law of the People's Republic of China(Draft)",it can be known that China's environmental protection tax is derived from the negative emission tax.Because China's environmental tax has been levied for more than a year,the data is difficult to obtain,so the environmental protection tax in this paper uses the data of sewage charges to conduct research.That is to say,the environmental tax in this article uses a narrowly defined environmental tax,that is,a tax specifically levied to protect the environment.Then the theory of public goods theory,externality theory,environmental Kuznets curve and double dividend theory is also explained.Then it gives a detailed explanation of the historical evolution and income profile of China's environmental protection tax.Secondly,empirically,an empirical analysis of the double dividend effect of China's environmental protection tax was conducted.It is divided into two parts,which are the empirical analysis of the environmental protection effect of environmental protection tax and the empirical analysis of the economic effect of environmental protection tax.Secondly,empirically,an empirical analysis of the double dividend effect of China's environmental protection tax was conducted.It is divided into two parts,one is the empirical analysis of the environmental protection effect of environmental protection tax,and the other part is the empirical analysis of the economic effect of environmental protection tax.For the empirical analysis of environmental protection effects,the panel data of 29 provinces and regions in China are used.Based on the environmental Kuznets curve model(EKC model),the impact of environmental protection tax on China's industrial waste emissions is explored.Finally,after adding the environmental protection tax variable,the industrial three-waste EKC curve in the country moved to the lower left.Although the extent of translation to the lower left is small,it indicates that the implementation of environmental protection tax can protect the environment.From the empirical results of various provinces,only a small number of provinces and three industrial waste EKC curves move to the lower left and are inverted "U" type,which shows that there are still many areas for improvement in China's environmental protection tax.In general,the first heavy effect(ie,the environmental protection effect)of the double dividend in China's environmental protection tax exists.The empirical analysis of economic effects is also based on the panel data of 29 provinces and regions in China.Based on the tax production function proposed by Li Shaorong and Yan Ying,the paper analyzes the total fixed assets formation,employment,total investment in environmental pollution control,etc.The impact of variables.The panel data is analyzed by Stata software.The final result shows that the increase of the proportion of environmental protection tax in total tax revenue will reduce the elasticity of capital factor output in most provinces,and increase the output elasticity of total investment in environmental pollution control.While the output elasticity of labor factors is reduced in most provinces,it has a positive effect on the whole country.The increase in environmental protection tax has slightly increased the overall size of the economy,both in the country's empirical results and in the empirical results of various provinces.So in general,the effect of the double dividend in China's environmental protection tax is not satisfactory.Finally,based on the above analysis results,this paper summarizes and analyzes the problems in the environmental tax policy: the environmental protection tax is narrower,the tax rate is lower,the tax preferential policies are imperfect and other environmental related taxes are in conflict with it.And draw on the practical experience of foreign developed countries,and put forward the policy recommendations for improving China's environmental protection tax: expand the scope of taxation,improve the environmental protection tax rate,improve tax incentives,coordinate with other environmentally relevant taxes,and introduce appropriate supporting policies.