Research On The Effect Of Environmental Protection Tax(Fees) Emission Reduction In China

At the beginning of 2018,China's first independent tax law “Environmental Protection Tax Law”,which specifically reflects the “green tax system” and promotes the construction of ecological civilization,was officially implemented.The environmental protection tax levy has a long-term effect mechanism for adjusting corporate environmental behavior,correcting long-term wrong ideas,improving the public environment,and promoting the transformation and upgrading of development methods.It is precisely because my country's environmental protection tax is based on the shift of the sewage fee system and basically follows the original policy regulations,so this article can use the reduction effect of the sewage fee as a reference for the environmental tax reduction effect.This paper comprehensively uses the literature method,empirical analysis method and horizontal comparison method to find and sort out relevant theories,based on 31 provincial panel data to study the effect of environmental protection tax(fee)reduction.This article first reviews the literature related to environmental tax,sorts out the relevant research literature from the three aspects of environmental tax(fee)concept definition,effect research,and system design research,and summarizes the outstanding contributions and deficiencies of the previous literature.Next,the relevant theoretical basis and the transmission mechanism of the environmental protection tax(fee)reduction effect are introduced,which lays a theoretical foundation for studying the impact of China's narrow environmental tax on emissions,and also builds a bridge for the final policy recommendations.Then,it introduces the policy review of environmental protection taxes(fees)and the current status of emission reduction,laying a solid realistic foundation for Chapter 4 of this article.Before the formal analysis of the results,this paper examines the endogeneity and correlation of the instrument variables L1.X4.Subsequently,using the pollution discharge data as the core explanatory variable,the total pollution control investment,the value of the secondary industry 's added value in GDP and the number of patent authorizations as the control variables,the panel data of 31 provinces in China from 2005 to 2016 were used as research samples to establish model.Taking the lagging period of sewage charges as an instrumental variable,a fixed-effect empirical analysis of the actual effects of sewage charges on the three waste reductions across the country,as well as in the eastern,central,and western regions,draws conclusions through differential comparison.The results show that the collection of environmental taxes(fees)has a significant inhibitory effect on the emissions of the three wastes,and there is heterogeneity in the effect in different regions.The absolute value of the tax elasticity coefficient increases sequentially in the eastern,central and western regions,and the taxation effect in the western region is optimized Eastern and central regions.Finally,four suggestions are put forward based on the results of empirical analysis:scientific adjustment of tax rates,detailed legal provisions,increased tax incentives,and supporting reforms.