Research Article
How Tax Competition Affects the Transformation of Innovations in High-Tech Industries: Based on Provincial Panel Data
@INPROCEEDINGS{10.4108/eai.23-2-2024.2345954, author={Zinan Chen}, title={How Tax Competition Affects the Transformation of Innovations in High-Tech Industries: Based on Provincial Panel Data}, proceedings={Proceedings of the 4th International Conference on Informatization Economic Development and Management, IEDM 2024, February 23--25, 2024, Kuala Lumpur, Malaysia}, publisher={EAI}, proceedings_a={IEDM}, year={2024}, month={5}, keywords={tax competition; high-technology industries; innovation achievements; economic competition; scientific and technological competition}, doi={10.4108/eai.23-2-2024.2345954} }- Zinan Chen
Year: 2024
How Tax Competition Affects the Transformation of Innovations in High-Tech Industries: Based on Provincial Panel Data
IEDM
EAI
DOI: 10.4108/eai.23-2-2024.2345954
Abstract
Effectively driving the transformation of industrial innovations is an important path to promote high-quality development. This paper empirically analyzes panel data from 30 Chinese provinces from 2007 to 2021 to examine the effects of tax competition (TC) on the transformation of innovation achievements in high-tech industries (HTIAT) and the moderating effect of economic and scientific and technological(S&T) competition on TC. This work offers fresh insights into the investigation of the government's direct impact on the market and broadens the research scope of TC. The study's findings demonstrate that TC significantly inhibits the HTIAT, with the inhibitory impact being most pronounced in the eastern region. S&T competition can alleviate the inhibitory effect of TC on the HTIAT, while economic competition will exacerbate the inhibitory effect. According to this study, local governments should accelerate the development of high-tech industries (HTI), regulate their TC behavior, formulate TC strategies for localities, moderately strengthen local science and S&T competition, and improve the performance evaluation system for local officials.
