“营改增”对建筑业经营绩效影响的实证分析——以沪深33家上市建筑企业为例  

An empirical study of impact of “replacing business tax with VAT” on business performance of construction industry——Case study of 33 listed companies in construction industry in Shanghai and Shenzhen Stock Exchanges

作　　者：李春红[1] LI Chun-hong(Heilongjiang University of Finance and Economics,Harbin 150025,China)

机构地区：[1]黑龙江财经学院,哈尔滨150025

出　　处：《天津商业大学学报》2018年第6期61-67,共7页Journal of Tianjin University of Commerce

摘　　要：基于建筑业已被纳入"营改增"政策的大背景,搜集了2014—2017年33家建筑业上市企业数据,通过SPSS 24.0软件和Stata软件对"营改增"对建筑业经营绩效的影响进行实证分析。结果表明:固定资产抵扣、生产成本抵扣效应、税负变动对建筑企业营运能力、偿债能力的提高影响显著,对建筑企业成长能力的提高影响不显著。生产成本抵扣效应、税负变动对建筑企业盈利能力的提高影响不显著。针对实证分析结果,最后分别从政府和企业两个层面提出改进建议。政府应完善增值税抵扣链条,将人工成本纳入增值税抵扣范围,严格把控"营改增"的风险,并及时对营改增实施效果进行考察。企业应加强增值税专用发票的管理,科学甄选供货商,利用营改增政策合理增加生产设备等固定资产的投资。In the background of the construction industry＇ s being incorporated into the policy of ＂replacing business tax with VAT＂, this article collects the data of 33 listed companies in the construction industry from 2014 to 2017, and makes an empirical study of the impact of ＂eplacing business tax with VAT＂on the business performance of construction industry by means of SPSS 24.0 and Stata software programs. The results show that the fixed assets deduction ,production cost de- duction effect and tax change have a significant impact on the improvement of construction companies＇ operating capacity and debt-paying ability, but have no significant impact on the improvement of construction companies＇ growing ability. The production cost deduction and tax change have no significant impact on the improvement of construction companies＇ profitability. Based on the results of empirical study, it puts forward the suggestions for improvement from governmental and corporate levels. Government should improve the VAT deduction chain, incorporate labor cost into the scope of VAT deduction, rigorously control the risk of＂replacing business tax with VAT＂, and review the effect of ＂replacing business tax with VAT＂ in time. Companies should strengthen the management of VAT special invoice, scientifically select supplier, and rationally increase the fixed assets investment in production equipment by means of the policy of ＂replacing business tax with VAT＂.

关 键 词：“营改增” 经营绩效 建筑业 实证分析 

分 类 号：F810.424[经济管理—财政学]