Nie, Huihua; Fang, Mingyue; Li, Tao - In: Frontiers of Economics in China 5 (2010) 3, pp. 445-463
China reformed value-added tax (VAT) by removing investment from the tax base in northeastern provinces in 2004, which … investigates the impact of VAT reform on China firms’ fixed asset investment, employment behavior, innovative activities, and …-level panel data of large and medium-sized manufacturing enterprises in China. We find that VAT reform significantly promotes …