Research on the path of green technology innovation driven by the Environmental Protection Tax Law: Based on data of heavy polluting enterprises

• Published in: PloS one Vol. 19; no. 7; p. e0308215
• Main Authors: Tao, Wei, Zhou, Jian-Ya, Zhao, Ye-Ling
• Format: Journal Article
• Language: English
• Published: United States Public Library of Science 30.07.2024; Public Library of Science (PLoS)
• Subjects: China; Clean technology; Conservation of Natural Resources - economics; Conservation of Natural Resources - legislation & jurisprudence; Conservation of Natural Resources - methods; Coordination; Councils; Ecology and Environmental Sciences; Economic growth; Environmental degradation; Environmental impact; Environmental law; Environmental Pollution - legislation & jurisprudence; Environmental Pollution - prevention & control; Environmental protection; Environmental regulations; Environmental tax; Green economy; Green technology; Humans; Hypotheses; Information dissemination; Innovations; Inventions - economics; Law; Legislation; People and Places; Pollution; Regional differences; Regulation; Science Policy; Social Sciences; Tax rates; Taxation; Taxes; Verification; China
• ISSN: 1932-6203; 1932-6203
• DOI: 10.1371/journal.pone.0308215

Environmental Protection Tax Law (EPTL) is a compulsory environmental regulation measure adopted by China to deal with environmental problems. However, with the advancement of implementation, the EPTL produces a dissimilation effect and damages the realization of the Porter hypothesis effect. The study examines the dissimilation effect of green technology innovation regulated by the EPTL using sample data from heavy pollution firms in China. According to the empirical test results: (1) the coordination between levies and administrations, differential tax rate setting, tax information sharing, definition of the scope of levy and administration, tax declaration counseling, and tax rate level verification produce the dissimilation effect; (2) the Porter hypothesis effect of the EPTL is the most significant in medium-sized enterprises and foreign-funded enterprises. By constructing the research model group of dissimilation effect, this study analyzes the application of environmental regulation in China's social and economic background, thus providing a reference for developing of the green economy.