CAJ | 학술논문

文章采用案例研究方法,从交通运输业入手讨论营业税改征增值税试点的实施效果。采用事件研究法研究营改增对交通运输企业股价波动的影响机制,并分析企业税负的变化,为营改增在全国范围内推广及完善提出相应建议。结果表明：（1）营改增试点的公布影响了上海市交通运输企业的股票收益,政策发布前后股票具有正价格效应,但各子行业股价波动程度不一。由于＂板块效应＂的存在,营改增也引起非试点范围内同行业样本组企业股价一定正向波动。（2）整体上看,营改增有效减轻了交通运输业的税收负担,但由于地域限制和进项税抵扣不充分等也导致小部分企业税负暂时增加。
문장채용안례연구방법,종교통운수업입수토론영업세개정증치세시점적실시효과。채용사건연구법연구영개증대교통운수기업고개파동적영향궤제,병분석기업세부적변화,위영개증재전국범위내추엄급완선제출상응건의。결과표명：（1）영개증시점적공포영향료상해시교통운수기업적고표수익,정책발포전후고표구유정개격효응,단각자행업고개파동정도불일。유우＂판괴효응＂적존재,영개증야인기비시점범위내동행업양본조기업고개일정정향파동。（2）정체상간,영개증유효감경료교통운수업적세수부담,단유우지역한제화진항세저구불충분등야도치소부분기업세부잠시증가。
This paper adopts the case study method to analyze the implementation effects of the reform pilot policy from the transportation industry to start. This paper applies the event study method to study the influence mechanism of the tax reform pilot policy on stock yield of the transportation industry. Meanwhile, it calculates and researches the changes of the tax burden of these enterprises, and provides suggestions for the promotion of the re- form policy in nationwide. Results indicate： 1） The announcement of the reform pilot policy affects the stock re- turns of the transportation industry in Shanghai. In a period of time before and after the publish of the policy, the stock of the pilot enterprises has positive effect on price, the stock price of each subindustries fluctuates differently. Because of the ＂plate effect＂, the reform policy also causes the stock price of the enterprises fluctuates positively which is beyond the pilot scope to some extent. 2） In general, the tax reform policy effectively reduces the tax bur- den of the transportation industry in Shanghai, but the existence of the area restrictions and the input taxes aren＇t fully deduct factors result in the temporary increase of the tax burden of a fraction of the transportation industries.