我国外商直接投资与税收收入的相关关系分析-analysis on the relationship between foreign direct investment and tax revenue in china.docxVIP

Abs Abstract II II Abstract As revenues influence foreign direct investment(FDI) increasingly, our government has implemented many tax policies such as giving foreign capital enterprise tax preference and has been using the tax income to effect on each aspect of economy, science, education, medical and health to improve the investment environment of our country so as to attract FDI. These means have reached considerable achievements, and economic output which FDI have created have also greatly enriched the tax income in our country. Different from most of the previous scholars’ study which always focused on whether or how preferential tax effect FDI, this paper mainly study mutual effect between FDI and revenue . Concrete steps are like this: firstly, we introduce the background and significance ,current research ,the development and current situation of tax and FDI briefly. Then, we use Cobb-Douglas production function to establish four quadrant linkage chart to analyze their mutual dynamic mechanism and analyze the interaction way. Thirdly, we construct time series model and panel model to test these theory respectively.Time series model bases on the 1983-2011 data for sample. Through the co-integration analysis and error correction model, and Granger causality test, time series model finds that there is a co-integration relationship between FDI and the revenue, in the long term, they are dynamic equilibrium. In the short time, FDI is the granger reason of tax and tax is also the granger reason of FDI . Panel model bases on the 2001-2010 data of 30 provinces for sample. We establish eastern, central and western panels to analyze the diversity of the relationship of tax and FDI in different regions. Panel models find that their promotion are different in different areas. In each area the promoting function which revenue effect on FDI are larger. The promotion of FDI is the largest in the eastern region ,the promotion of tax is the largest in the west region and t