Title: Research on the Effect of Input Tax Credit Refund Policy from the Perspective of Low-Carbon Supply Chain: Also on the Effective Coordination of Growth and Carbon Reduction
Speaker: Ni Xiaoran, Professor, Doctoral Supervisor, and Deputy Director of the Finance Department of the School of Economics and Wang Yanan Institute for Studies in Economics, Xiamen University; selected into the National-level Young Talents and High-Level Financial Talents of the Ministry of Finance. He has published more than 60 papers in important domestic and foreign academic journals such as Economic Research Journal, Management World, China Economic Quarterly, Journal of Financial Research, China Industrial Economics, Journal of Business Ethics, Journal of Economic Behavior and Organization, Journal of Corporate Finance, Journal of Banking and Finance, Journal of Empirical Finance, and Journal of Financial Markets. He presides over general projects and youth projects of the National Natural Science Foundation of China, and has won many academic awards including the Outstanding Achievement Award of Humanities and Social Sciences of the Ministry of Education, the Second Prize of Outstanding Achievements in Social Sciences of Fujian Province, the Hong Yinxing Economics Award, and the Best Paper Award of the Annual Conference of the Asian Finance Association.
Abstract: Coordinating the relationship between development and emission reduction is an inherent requirement for fully, accurately and comprehensively implementing the new development concept and promoting the comprehensive green transformation of economic and social development. This paper takes the value-added tax (VAT) input tax credit refund as the research object, and systematically examines the policy effect of fiscal and tax reform under the background of "dual carbon" (carbon peaking and carbon neutrality) from the perspective of green and low-carbon development of the supply chain, using relatively detailed carbon emission data of listed enterprises and their upstream and downstream. The research shows that the input tax credit refund policy leads to an increase in the scale of both direct carbon emissions and supply chain carbon emissions of enterprises, while there is no significant change in the direct carbon emission intensity of enterprises, indicating that the policy has a scale effect in promoting enterprises' expansion of reproduction. On the basis of the above "stable growth" effect, the intensity of enterprises' supply chain carbon emissions has decreased significantly, indicating that the input tax credit refund policy has promoted enterprises to carry out green and low-carbon management of the supply chain. The findings of this paper provide useful references for further improving the green transformation policy system and promoting green transformation in a coordinated manner during the "carbon peaking" process.
Date & time: 10 April 2025, 10:00 - 11:00
Venue: B215, Zhixin Building, Central Campus, Shandong University
