Jiarui Sun1, Tingting Dong2
1School of Economics and Management, Beibu Gulf University, Qinzhou, China
2School of Economics, Qingdao University, Qingdao, China
Since China implemented the environmental protection tax policy in 2018, its economy has moved to high-quality development, making it important to analyse its economic impact. This study takes China's current environmental protection tax as the research object, uses the double difference model (DID) with urban panel data from 2003 to 2019 to empirically analyse the impact of China's current environmental protection tax collection standard rise on urban economic growth. The results reveal that environmental protection tax does not increase regional economic quantity but does improve regional economic quality. In order to achieve sustainable economic growth in quality and quantity, the environmental protection tax system should be upgraded, the collection and management capacity and level should be increased, and the collection standard should be adjusted in some regions.
Environmental protection tax, Changes in tax rate standard, Economic effect, DID
Jiarui Sun, Tingting Dong. Research on the Economic Effects of Environmental Protection Tax. Academic Journal of Business & Management (2023) Vol. 5, Issue 18: 13-19. https://doi.org/10.25236/AJBM.2023.051803.
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