Research On Tax Policy For Promoting Industrial Structure Adjustment In The Yangtze River Economic Belt

Promoting the development of the Yangtze River Economic Belt is a major strategic arrangement made by the Party Central Committee and the State Council in planning a new economy in the new era,and plays a pivotal role in the layout of the national development strategy.Industrial restructuring is an important way to transform the economic development mode and a long-term mechanism to promote economic development.Therefore,promoting the optimization and adjustment of the industrial structure is an inevitable choice for the current macroeconomic regulation and control of the region.As an important lever for the government to carry out macroeconomic regulation and control,taxation plays an important role in promoting the optimization and adjustment of industrial structure,realizing the optimal allocation of resources,and promoting economic growth.It promotes the adjustment of industrial structure through reasonable taxation policies,and realizes the economic development of the Yangtze River Economic Belt.Healthy and sustainable development has important theoretical and practical significance.This paper analyzes and draws out the mechanism of tax policy affecting industrial restructuring by collecting and collating domestic and foreign literatures on tax policy and industrial structure adjustment and consulting related theories.According to relevant statistics,the empirical data from 2004 to 2015 were obtained.Firstly,quantitative analysis was made on the distribution of industrial structure and taxation indicators under the tax policy of the Yangtze River Economic Belt,from tax revenue,industrial structure,and tax revenue and industrial structure.The relationship has been analyzed in detail,and then the spatial econometric model is introduced to empirically analyze the industrial structure adjustment of the tax policy of the Yangtze River Economic Belt.The spatial autocorrelation pattern analysis and spatial Dubin model analysis are carried out with the help of Stata.12 software.The results show that:(1)The quantitative analysis shows that the Yangtze RiverEconomic Belt has a large regional gap in terms of taxation or industrial structure,or regional contribution of industrial taxation.The total amount of downstream tax revenue is large,the adjustment of industrial structure is more reasonable,and the contribution of industrial taxation is also prominent.The tax revenue of the middle and upper reaches of the Yangtze River Economic Belt is relatively low,the industrial restructuring is not reasonable,and the tax contribution is not significant.(2)Spatial autocorrelation analysis of industrial structure adjustment and tax revenue,the conclusion is: the global autocorrelation test of tax revenue and industrial structure adjustment shows that tax revenue and industrial structure adjustment are positively autocorrelated in space.The spatial distribution shows a certain agglomeration distribution;the local spatial difference analysis finds that the lower reaches of the Yangtze River Economic Belt are high-aggregation areas,showing a “highland” effect,and the middle and upper reaches are low-concentration,showing a “squatting” effect.(3)The conclusion of the tax policy on the spatial Dubin model of industrial restructuring is:(i)There is a negative spatial spillover effect of industrial restructuring and industrial restructuring in adjacent areas.The economic development of neighboring regions is similar,and there are competitions in terms of resource sharing,factor sharing,and labor.In addition,a series of tax policies implemented by local governments may cause regional tax competition,which ultimately leads to industrial restructuring.The effect will have a negative effect on neighboring areas,which will aggravate the agglomeration effect of industrial structure between regions.(ii)Adjustment of industrial structure In the case of factors such as taxation policies,industrial restructuring has significant spatial heterogeneity.The tax policy has a significant difference in the spatial effects of industrial restructuring through the total amount of tax revenue,tax structure and tax burden.The total tax revenue has a significant inhibitory effect on the upgrading of industrial structure,and there are also adjustments to the industrial structure of the surrounding areas.Significant inhibition;tax structure has no obvious effect;tax burden has a significant role in promoting industrial restructuring,and also promotes the surrounding areas.Finally,based on the research results,the relevant tax policy recommendations for promoting the industrial restructuring of the Yangtze River Economic Belt are proposed.