The Influence Of �Replacing Business Tax With VAT� On The Optimization And Upgrading Of Industrial Structure In Jiangxi Province

At present,China's economy has entered a new normal,economic growth has slowed down,and the problems of high pollution,high energy consumption and unsustainability caused by traditional economic structures have been outstanding.Emerging industries and high value-added industries have yet to be further developed,and industrial restructuring is imminent.In reality,there will be market failures.It is sometimes necessary for the government to intervene in economic operations.Among the government's policy tools,fiscal and taxation policies are one of the major tools.Since 2012,the policy of �replacing business tax with value-added tax� has been piloted and quickly promoted to the whole country.�Replacing business tax with value-added tax� has broken the tax bottleneck of the secondary and tertiary industries,and the VAT offset chain has been improving.At the same time,the income and substitution effects of the �replacing business tax with value-added tax� policy are also gradually emerging.However,the specific impact of the business reforms on the three industries needs to be more comprehensive specific empirical test.Therefore,this paper adopts a combination of general analysis and empirical analysis to test the specific influence of the reform policy on the industrial structure.This article takes the change of industrial structure in Jiangxi Province before and after the �replacing business tax with value-added tax� as the research object.Combined with normative analysis and empirical analysis,the impact of �replacing business tax with value-added tax� on the optimization and upgrading of industrial structure was portrayed in multiple perspectives,and corresponding policy recommendations were proposed.The text structure of this paper is mainly as follows: First of all,from the theoretical connotation,this article explains the concept connotation of the optimization and upgrading of industrial structure,and defines two criteria for the high-level industrial structure and the rationalization of industrial structure.Secondly,starting from the tax policy and the �replacing business tax with value-added tax� to the macroeconomic conduction route,we theoretically analyzed the channels of taxation for the change of industrial structure and revealed the mechanism of the impact of �replacing business tax with value-added tax� on the industrial structure.Then,based on the data,a detailed analysis of the changes in the industrial structure before and after the "replacing business tax with value-added tax" was made,mainly from the regional economic growth,the proportion of the three industries,the employment structure,the rationalization of the industrial structure and the advanced indicators of the industrial structure,and the fixed assets investment in the three industries.Situation,starting from a series of data analysis of the trend of changes in the industrial structure,come to different points in the changes in the policy before and after the trend,deduces the conclusion of the general analysis.Thirdly,using the method of empirical analysis,a vector autoregressive model was established to analyze the intrinsic relationship between the value-added tax variable business tax and industrial structure variables,and the results of general analysis were combined with the results of empirical analysis.Finally,on the basis of analysis,we combine current macro-policy guidance and propose policy recommendations.The main research idea of this paper is based on the theoretical analysis of taxation policy and industrial structure,collecting data to analyze the changes in the industrial structure before and after the Jiangxi Province Reform,and inferring the possible causes based on the characteristics of economic development,and further using empirical evidence.The analysis method analyzes the connection between the "replacing business tax with value-added tax" and the optimization and upgrading of the industrial structure,and then draws corresponding conclusions.The conclusions drawn by this paper are: "Replacing business tax with value-added tax" is one of the factors that promote the optimization and upgrading of the industrial structure.However,based on the empirical results,the impact is not significant.Combined with the general analysis,changes in the industrial structure are affected by a combination of factors,and "replacing business tax with value-added tax" is one of the factors.Therefore,we should continue to deepen the reform of value-added tax,play a good role in the adjustment of the tax system to the industrial structure,VAT tax rate design and preferential policy design,there is room for improvement,and from this point we can start to promote further tax cuts and reduce the burden and optimize the industrial structure.