Research On The Impact Of Environmental Protection Tax On Enterprise's Green Technology Choice

With the rapid development of social economy,China's ecological problems have become increasingly prominent,and the environmental quality has not been fundamentally improved.In the exploration of sustainable development,the government has gradually realized the deficiency of the traditional "command-control" environmental regulation means,and preferred environmental economic policies.In 2018,China's environmental protection tax was formally levied.At the beginning,the legislative purpose of the environmental protection tax was to promote enterprises to reduce emissions and constantly adjust production methods through this policy,so as to achieve development in a more green way.Then,Whether the "Fee to Tax" policy achieved certain results? Does the environmental protection tax play a role in promoting enterprises to choose more green technologies so as to achieve cleaner production? They are just the focus of this paper.Based on the three-year data of 109 enterprises in A-share heavy pollution industry and some resource intensive industries,and based on the externality theory,Pigou tax theory and environmental regulation theory,this paper uses logit model and double difference model,considering the regulatory effect of government grants,to study the policy effect of "fee to tax" and the impact of environmental protection tax on the choice of green technology of enterprises.We find that:(1)The "Fee to tax" policy has achieved initial results,which can promote enterprises to choose green technology,but this effect is not significant.(2)The tax burden of environmental protection tax has an inverted "U" effect on the choice of green technology in the current period.Too low or too high tax burden is not good for enterprises to choose greener technology.(3)The government grants as a supporting measure will promote the positive impact of environmental protection tax on the choice of green technology,that is to say,the government grants has a certain regulatory role.(4)The strong sense of social responsibility of enterprises will promote enterprises to choose more greentechnologies to a certain extent.The scale characteristics of enterprises will also affect the choice of green technology.Based on the results of empirical analysis,this paper puts forward the following suggestions to improve the environmental protection tax policy system and encourage enterprises to choose green technology:(1)the government should combine the characteristics of enterprises and regions,and make a reasonable environmental protection tax rate with reference to the cost of pollution control.(2)While implementing the environmental protection tax,the government should formulate corresponding supporting policies,such as government grants,subsidies,etc.,to encourage enterprises to eliminate backward production capacity,increase the innovation and selection of green technology,so as to achieve the environmental protection effect of the environmental protection tax.(3)The tax department shall strengthen cooperation with the environmental protection department to ensure the smooth collection of environmental protection tax.(4)In the face of the implementation of environmental protection tax,enterprises should actively participate in the construction of green technology,and make rational use of government grants to reduce the pressure on enterprises.