Research On The Impact Of Green Taxation On Technological Innovation Of Heavily Polluting Enterprises

In recent years,China has been promoting the green transformation of enterprises,from the "14th Five-Year Plan" for green industrial development to the "Green Manufacturing Project Implementation Guide(2021-2025)" and the "Double Carbon" strategic goal,the continuous improvement of the system has laid the policy foundation for enterprises to carry out green technology innovation.Although China’s economic development has achieved amazing results over the past decade or so,the extensive mode of production,which consumes too much resources and destroys the ecological environment,is no longer suitable for the current development road,and it is urgent for the state and the government to guide it through macro-control to realize the green transformation.Green taxations play an important role in solving the balance of economic and environmental benefits and force heavy polluters to innovate and thus move towards high-quality development through taxation is an effective path.This paper is divided into five chapters to study the effect of green taxation on the innovation of heavily polluting enterprises.The first two chapters describe the background and significance of this thesis,the current situation of research at home and abroad,and define the relevant concepts and analyse the mechanism between green taxation and innovation of heavy polluting enterprises.Chapter 3 analyses the current situation of green taxation in enterprises and the current situation of innovation R&D input and output of heavy polluting enterprises in China,and also explains the problems according to the current situation.Chapter 4 takes the heavily polluting A-share listed companies in Shenzhen and Shanghai from 2018-2021 as the research object,and analyzes the impact of green taxes on the green technological innovation of these enterprises through regression empirical data of their enterprises and taxes,on the basis of which,the heavily polluting enterprises are then differentiated according to the differences in the scale of enterprise development and regional economic development level,to explore the innovative responses of enterprises to green taxes under different characteristics.At the same time,the role of R&D investment is explored by using the mediating effect analysis to verify the role of enterprises’ innovative R&D investment in the relationship between green taxation and enterprises’ green technological innovation.Based on the current situation and empirical analysis,chapter 5draws conclusions on the effect of green taxation on innovation of heavy polluting enterprises,and proposes corresponding countermeasures to promote the improvement of the green taxation system and the long-term development of innovation activities based on the issues discussed in the previous section.This paper finds that: firstly,green taxation in China has a positive effect on the green technological innovation of heavy polluting enterprises,with different effects in terms of scale and regional differences: green taxation has a more significant effect on the green technological innovation of large-scale heavy polluting enterprises than small-scale enterprises;the sensitivity to green taxation is more significant in the western region than in the east and central regions.Second,R&D investment,as a mediating variable,can significantly stimulate heavy polluters to conduct R&D activities,and green taxes can significantly promote enterprises to increase their R&D efforts,thus promoting the transformation of innovation results.Therefore,we should further improve the current green taxation system and establish supporting policy measures to encourage heavy polluters to engage in technological innovation,and propose corresponding policies according to different characteristics of enterprises,and provide a friendly environment for innovation activities of heavy polluters through multi-sectoral cooperation.