The Impact Of Accelerated Depreciation On The Capital-Labor Ratio Of Manufacturing Enterprises

Since China’s implementing of reform and opening up in 1978,the economy has taken off quickly.The country’s development has achieved world-renowned achievements.According to a report released by the National Bureau of Statistics in 2019,since the founding of the People’s Republic of China in 1949,the country’s national economy has continued to grow rapidly.And the total economic volume has continuously reached a new level.However,while proud of the outstanding achievements,we must know that the country’s rapid development is based on the sacrifice of resources and environment.In the past few decades,the country’s manufacturing enterprises generally focused on low-value-added products with high resource consumption and high environmental pollution.This situation is even more prominent among export enterprises.Therefore,this article uses the Two-Way Fixed Effect Model,taking China’s export of state-owned industrial enterprises and non-state-owned industrial enterprises which are above designated size as the research samples,and empirical analysis of the impact of export tax rebate rate adjustment on export industrial enterprises.The results turns out that between the export tax rebate rate and the pollution emissions of export enterprises,there exists a negative correlation.The higher the export tax rebate rate,the more likely export industrial enterprises to reduce their pollution emissions during their production process.The analysis of the regional heterogeneity of the samples also concluded that there is a negative relationship between the export tax rebate rate and the pollution emission intensity of export enterprises.Only by making full use of the system advantages of the export tax rebate policy in the development of a green economy and exerting its positive impact on ecological protection can we accelerate the process of the country’s economic transformation into a green development model and achieve sustainable and high-quality development.This article puts forward reasonable policy recommendations based on actual conditions.