| Summary: | 碩士 === 國立政治大學 === 行政管理碩士學程 === 96 === The goal of this study is to evaluate the effectiveness of tax credit incentive to investments according to “Regulations Governing Application of Tax Credit Incentive to Investments in Purchasing Equipment or Technology by Wholesale, Retail Industry and Technical Service Enterprises” which is under the “Statute for Upgrading Industries”, Article 6. This study analyzes the effectiveness in aspect of theory and practice.
“Statute for Upgrading Industries” is the main law to help industries to upgrade. The new generation laws and regulations should consider the domestic and foreign industrial situation, and the future reforming direction of the industry development. It is wonder to understand what should be done by government to help the service industry and what is the present benefit of tax credit to enterprises. In the time of transformation from manufacture industry to service industry, this study tries to approve the relationship between the tax credit incentive to investments and business performance, which can be adopted to be reference materials in legislation.
This study uses the data of wholesale and retail companies in stock market from 2001 to 2006. The adopted models including 2SLS model and fixed-effect model. The first, using 2SLS model to calculate the estimate of tax credit incentive to investment to solve the endogenous problem. The second, it’s invested and supports and reduces investment benefits the impact of tax credit incentive to investments and business assess. According to the real example result, we can understand verifies tax credit incentive to investments is the key factor to improve the business performance . Therefore, it is worth for the government to take tax credit incentive to investments policy to encourage the enterprises to be engaged in the research and development.
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