Positive Analysis On China's Tax Rebate Rate Adjustment

Since the measures of refunding tax on the export goods came into effect in 1985, the tax rebate rate and management measures have been changed for several times in past few years. As China is phasing out the commitments on WTO's entry, the traditional trade promotion tools are under strict restriction by China government. In result the tax rebate on export-the neutral trade promotion tool- is playing more and more important role in export trade promotion.In order to have a clear idea about tax rebate effect, we need to make deep research on the following items: how much does the tax rebate influence the export; to what extent does its rate adjustment affect the fiscal revenue as well as how to balance the effect on both sides. Many scholars in China have made researches on tax rebate, some studied the tax rebate policy's effect on different trade respectively, others analyzed the issue of export tax rebate default. But we find out that most of the researches have been based on the qualitative analysis, so this paper use metric tool to analyze the relative relation between tax rebate and export volume as well as national fiscal revenue in time order. It tends to approach two ends: study to evaluate the effect of tax rebate measure adjustment; on the other hand, to offer a policy reference on export tax rebate adjustment in future.