Publications of Yuxuan He    :chronological  alphabetical  combined listing:

%% Journal Articles   
@article{fds359086,
   Author = {Chen, Z and He, Y and Liu, Z and Xu, DY and Serrato,
             JCS},
   Title = {The structure of business taxation in China},
   Volume = {35},
   Number = {1},
   Pages = {131-177},
   Year = {2021},
   Month = {January},
   url = {http://dx.doi.org/10.1086/713495},
   Abstract = {This paper documents facts about the structure of business
             taxation in China using administrative tax data from 2007 to
             2011 from the State Taxation Administration.We first
             document the importance of different business taxes across
             industries. Although corporate income taxes play an
             important role for manufacturing firms, these firms also
             remit a large share of their tax payments through the
             value-added tax system, through the excise tax system, and
             through payroll taxes. Gross receipts taxes play an
             important role for firms in other industries, leading to
             spillovers that may affect the overall economy. Second, we
             evaluate whether the structure of China’s tax revenue
             matches its stage of development. A crosscountry comparison
             of sources of government revenue shows that China collects a
             high share of tax revenue fromtaxes on goods and services
             and a high share of income tax on corporations. Finally, we
             study whether firmlevel differences in effective tax rates
             can be an important source of allocative
             inefficiencies.Decomposing the variation in effective tax
             rates across firms, we find that government policies,
             including loss carry-forward provisions and preferential
             policies for regional, foreign, small, and high-tech firms,
             have significant explanatory power. Nonetheless, although
             effective tax rates vary along a number of dimensions, tax
             policy does not explain the large dispersion in the returns
             to factors of production across firms.},
   Doi = {10.1086/713495},
   Key = {fds359086}
}